(SVIX) 1x Short VIX Futures - Overview

ETF Category: Trading--Inverse Equity | Exchange: BATS (USA) | Market Cap: 180m USD | Total Return: 48.3% in 12m

Inverse Volatility, VIX Futures, Derivatives, Exchange Traded Funds
Total Rating 46
Safety 76
Buy Signal 0.07
Trading--Inverse Equity
Category Rotation: +26.0
TER: 1.47%
AUM: 180M
Avg Turnover: 56.5M
Risk 3d forecast
Volatility90.4%
VaR 5th Pctl16.5%
VaR vs Median1.13%
Reward TTM
Sharpe Ratio0.92
Rel. Str. IBD66.1
Rel. Str. Peer Group98.9
Character TTM
Beta4.000
Beta Downside4.000
Hurst Exponent0.476
Drawdowns 3y
Max DD79.30%
CAGR/Max DD-0.06
CAGR/Mean DD-0.13

Warnings

No concerns identified

Tailwinds

Supp Ema20, Tailwind, Pullback 52w

Description: SVIX 1x Short VIX Futures

The -1x Short VIX Futures ETF (SVIX) tracks the daily inverse performance of a theoretical portfolio consisting of first and second-month VIX futures contracts. To maintain a constant weighted average maturity, the fund executes a daily roll process, shifting exposure between the two front-month contracts. The index value is determined by the average settlement prices of these futures during the final fifteen minutes of the trading day.

Inverse volatility products operate within the derivatives sector, profiting when market expectations of future volatility decrease or remain stable. This business model relies on the roll yield generated when the VIX futures curve is in contango, a state where long-term contracts trade at a premium to near-term contracts. Investors can utilize ValueRay to further analyze the historical performance and risk metrics of inverse volatility strategies. Because these instruments reset daily, they are designed as short-term trading tools rather than long-term buy-and-hold investments.

Headlines to Watch Out For
  • Contango in VIX futures curve generates positive roll yield for short positions
  • Low equity market volatility increases value of inverse VIX futures contracts
  • Sudden spikes in CBOE Volatility Index trigger rapid fund liquidation risks
  • Daily rebalancing mandates cause compounding performance decay during high market turbulence
  • Compressed spreads between front and second month futures enhance fund returns
What is the price of SVIX shares?

As of June 07, 2026, the stock is trading at USD 21.42 with a total of 4,186,881 shares traded.
Over the past week, the price has changed by -4.46%, over one month by +12.26%, over three months by +11.33% and over the past year by +48.34%.

Is SVIX a buy, sell or hold?

1x Short VIX Futures has no consensus analysts rating.