-1x Short VIX Futures ETF (SVIX)Trading--Inverse Equity | Exchange Traded Fund | Cboe US
27.85 USD
-0.35
(-1.241%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 27.90 +0.05 (0.180%) ⇧ (Aug. 28, 2026, 7:49 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 1:40 a.m. EDT
The short-term outlook is strongly bullish due to the asset's inverse beta; the market is currently pricing in a severe crash, which creates a massive tailwind for this short-volatility vehicle. Recent price action confirms this, with the ETF rallying nearly 10% over the last two weeks as the VIX spiked, moving the price from the lower end of its range toward the upper band. While the statistical forecast model offers a weak, low-confidence signal for a flat trend, it is irrelevant here because the macro environment (fear) is the primary driver, not short-term noise. However, the long-term investment case remains neutral to weak. The underlying business quality is compromised by the inherent decay of short-volatility strategies, evidenced by the single year of significant decline (-32.5%) in the trailing three-year window. Without a consistent, multi-year upward trajectory in the underlying volatility index, this instrument cannot be considered a sustainable long-term hold, regardless of the current profit-taking opportunity. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.047951 |
| MSTL | 0.048282 |
| AutoETS | 0.048397 |
| AutoTheta | 0.054547 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 35% |
| H-stat | 9.92 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.481 |
| Excess Kurtosis | -0.58 |
As of Aug. 22, 2026, 1:40 a.m. EDT: Speculators are aggressively positioning for continued volatility via heavy out-of-the-money put buying, evidenced by massive open interest walls at strikes like 11.0 and 15.0 across September and October expirations. This indicates a fear of a sharp market drop. Conversely, there is significant call volume at strikes above the current price (e.g., 31.0 in August, 28.0 in September), suggesting traders are hedging against a potential 'V-shape' recovery or betting on a quick resolution to the panic. The implied volatility surface shows extreme skew, with deep OTM puts priced significantly higher relative to OTM calls, reflecting a market pricing in a high probability of downside risk despite the asset's inverse nature.
| Attribute | Value |
|---|---|
| All Time High | 51.59 |
| All Time Low | 9.14 |
| Ask | 28.0 |
| Ask Size | 300 |
| Average Daily Volume10 Day | 1,651,160 |
| Average Daily Volume3 Month | 2,401,593 |
| Average Volume | 2,401,593 |
| Average Volume10Days | 1,651,160 |
| Beta3 Year | 2.92 |
| Bid | 27.82 |
| Bid Size | 800 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 28.03 |
| Day Low | 27.675 |
| Dividend Yield | 0.0 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 24.6883 |
| Fifty Day Average Change | 3.1617012 |
| Fifty Day Average Change Percent | 0.12806477 |
| Fifty Two Week Change Percent | 45.506786 |
| Fifty Two Week High | 28.29 |
| Fifty Two Week High Change | -0.44000053 |
| Fifty Two Week High Change Percent | -0.015553217 |
| Fifty Two Week Low | 14.13 |
| Fifty Two Week Low Change | 13.72 |
| Fifty Two Week Low Change Percent | 0.97098374 |
| Fifty Two Week Range | 14.13 - 28.29 |
| First Trade Date Milliseconds | 1,648,647,000,000 |
| Full Exchange Name | Cboe US |
| Fullday Change | -0.35 |
| Fullday Change Percent | -1.24114 |
| Fullday Price | 27.9 |
| Fund Family | VS TRUST |
| Fund Inception Date | 1,648,425,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The index measures the daily inverse performance of a portfolio of first and second month VIX futures contracts. This theoretical portfolio is rolled each day to maintain a consistent time to maturity of the futures contracts. The index is calculated daily at 4:00 p.m. (Eastern time) and at a value calculated from the average price for the futures contracts between 3:45 p.m. (Eastern time) and 4:00 p.m. (Eastern time). |
| Long Name | -1x Short VIX Futures ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_646680489 |
| Nav Price | 28.2448 |
| Net Assets | 171,537,840.0 |
| Net Expense Ratio | 3.93 |
| Open | 28.03 |
| Phone | (866) 261-0273 |
| Post Market Change | 0.049999237 |
| Post Market Change Percent | 0.17953047 |
| Post Market Price | 27.9 |
| Post Market Time | 1,787,960,942 |
| Previous Close | 28.2 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.35 |
| Regular Market Change Percent | -1.24114 |
| Regular Market Day High | 28.03 |
| Regular Market Day Low | 27.675 |
| Regular Market Day Range | 27.675 - 28.03 |
| Regular Market Open | 28.03 |
| Regular Market Previous Close | 28.2 |
| Regular Market Price | 27.85 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 2,158,618 |
| Short Name | -1x Short VIX Futures ETF |
| Source Interval | 15 |
| Symbol | SVIX |
| Three Year Average Return | 0.0061021 |
| Total Assets | 171,537,840 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 24.51819 |
| Trailing Three Month Returns | 24.51819 |
| Triggerable | 1 |
| Two Hundred Day Average | 21.551525 |
| Two Hundred Day Average Change | 6.2984753 |
| Two Hundred Day Average Change Percent | 0.29225194 |
| Type Disp | ETF |
| Volume | 2,158,618 |
| Yield | 0.0 |
| Ytd Return | -0.1389 |