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SVIX-1x Short VIX Futures ETF

Take a bet4y track recordRanked #178 of 949 in this goal

Seeks daily investment results that correspond to the performance of the Short Index for a single day.

By VS TRUST · Launched 2022

Annual Cost

3.93%

#5,846 of 5,861 · expensive

Fund Size

$204M

#2,341 of 5,861 · mid-size

Return (1Y)Goal

+38.7%

Track Record

4 years

#2,588 of 5,861 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$13,914+39.1%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Region

Global

Strategy

Volatility strategy

Index tracked

Short VIX Futures Index

What it actually holds

By weight

Asset allocation

Cash
122.2%
Other
65.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
56.5%High

Year-on-year price swings

Max drawdown
-79.3%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.20Below average
Sortino (3Y)
0.26Moderate downside risk

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks daily investment results that correspond to the performance of the Short Index for a single day.
Strategy
Invests primarily in VIX futures contracts to achieve daily results that correspond to the Short Index's inverse performance. The Fund is not designed to achieve its objective over periods longer than one day.
Inception date
March 28, 2022
Fund family
VS TRUST

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged
Warning

Your return drifts the longer you hold

Leverage amplifies the index's daily move, by 2x or 3x. The fund resets every day, so over weeks and months your real return drifts from that multiple. It can run ahead in a smooth climb and bleed in a choppy one. Hold one for months and you own a different bet than the label suggests.

Sources: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-04