(SVIX) 1x Short VIX Futures - Overview

Exchange: BATS • Country: USA • Currency: USD • Type: Etf • ISIN: US92891H1014

Etf: Inverse, Futures, VIX, ETF

Total Rating 31
Risk 57
Buy Signal -0.29
Risk 5d forecast
Volatility 87.7%
Relative Tail Risk -3.84%
Reward TTM
Sharpe Ratio 0.09
Alpha -55.87
Character TTM
Beta 3.233
Beta Downside 4.433
Drawdowns 3y
Max DD 79.30%
CAGR/Max DD 0.13

Description: SVIX 1x Short VIX Futures December 31, 2025

The -1x Short VIX Futures ETF (SVIX) tracks an index that delivers the inverse daily return of a rolling portfolio of first- and second-month VIX futures, rebalanced each trading day to keep a constant time-to-maturity. The index value is fixed at 4:00 p.m. ET using the average price of the underlying futures between 3:45 p.m. and 4:00 p.m. ET.

Key facts: Ticker SVIX; ETF type; U.S.-based; Category = Inverse Equity (short-volatility). The fund’s performance is highly sensitive to VIX term-structure dynamics and daily roll-costs, which can erode returns in a contango environment.

Additional context: 1) During periods of rising market stress, VIX futures tend to steepen, potentially amplifying SVIX’s inverse exposure; 2) The ETF’s beta to the S&P 500 is typically negative but volatile, making it unsuitable for long-term holding; 3) Liquidity is driven by the VIX futures market, where average daily volume often exceeds 1 billion contracts, providing a reliable price discovery mechanism.

For a deeper dive into how SVIX’s roll-yield and volatility decay compare to peers, you might explore the analytical tools on ValueRay.

What is the price of SVIX shares?

As of February 08, 2026, the stock is trading at USD 22.32 with a total of 6,255,477 shares traded.
Over the past week, the price has changed by -1.67%, over one month by -9.56%, over three months by +16.68% and over the past year by -15.23%.

Is SVIX a buy, sell or hold?

1x Short VIX Futures has no consensus analysts rating.

What are the forecasts/targets for the SVIX price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 22.6 1.1%

SVIX Fundamental Data Overview February 05, 2026

Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 162.8m USD (162.8m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 162.8m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 162.8m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 17.83% (E(162.8m)/V(162.8m) * Re(17.83%) + (debt-free company))
Discount Rate = 17.83% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for SVIX ETF

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle