ProShares Short VIX Short-Term Futures ETF (SVXY)Trading--Miscellaneous | Exchange Traded Fund | Cboe US
57.66 USD
-0.88
(-1.503%) ⇩
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 3:53 a.m. EDT
This instrument is a tactical tool for hedging systemic risk, not a long-term investment vehicle. The recent price action shows a modest recovery, yet the underlying mechanics of inverse VIX ETFs ensure a persistent drag on performance during calm markets due to contango decay. The options data confirms this fear: traders are buying heavy insurance against a crash (deep OTM puts) while offering negligible leverage on a rally. With zero dividends and a history of severe drawdowns during periods of market stability, holding this for anything other than a specific, short-term volatility spike is a losing proposition. The market is pricing in a continuation of the downturn, which aligns with the structural decay inherent in the product. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.050787 |
| AutoARIMA | 0.053889 |
| AutoETS | 0.053889 |
| AutoTheta | 0.054722 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 38% |
| H-stat | 79.86 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.212 |
| Excess Kurtosis | -1.29 |
As of July 11, 2026, 3:53 a.m. EDT: Speculators are aggressively positioning for a continued decline, evidenced by massive open interest in deep out-of-the-money puts (strikes 10, 28, 30) and significant volume in strikes 40-54. Conversely, call activity is concentrated in high strikes (70-100) with low volume, suggesting a 'long gamma' hedge against a crash rather than a bullish bet. The skew is heavily weighted toward downside protection.
| Attribute | Value |
|---|---|
| All Time High | 278.94 |
| All Time Low | 9.75 |
| Ask | 57.65 |
| Ask Size | 100 |
| Average Daily Volume10 Day | 1,072,220 |
| Average Daily Volume3 Month | 1,463,167 |
| Average Volume | 1,463,167 |
| Average Volume10Days | 1,072,220 |
| Beta3 Year | -46.64 |
| Bid | 0.0 |
| Bid Size | 300 |
| Category | Trading--Miscellaneous |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 58.55 |
| Day Low | 57.42 |
| 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 | 54.1572 |
| Fifty Day Average Change | 3.5028 |
| Fifty Day Average Change Percent | 0.06467838 |
| Fifty Two Week Change Percent | 34.235264 |
| Fifty Two Week High | 58.62 |
| Fifty Two Week High Change | -0.9599991 |
| Fifty Two Week High Change Percent | -0.016376648 |
| Fifty Two Week Low | 42.56 |
| Fifty Two Week Low Change | 15.099998 |
| Fifty Two Week Low Change Percent | 0.3547932 |
| Fifty Two Week Range | 42.56 - 58.62 |
| First Trade Date Milliseconds | 1,317,735,000,000 |
| Five Year Average Return | 0.1585072 |
| Full Exchange Name | Cboe US |
| Fund Family | ProShares |
| Fund Inception Date | 1,317,600,000 |
| 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 seeks to offer exposure to market volatility through publicly traded futures markets and is designed to measure the implied volatility of the S&P 500 over 30 days in the future. |
| Long Name | ProShares Short VIX Short-Term Futures ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_141325429 |
| Nav Price | 58.536 |
| Net Assets | 221,554,464.0 |
| Net Expense Ratio | 1.01 |
| Open | 58.21 |
| Phone | 240-497-6400 |
| Pre Market Change | 0.049999237 |
| Pre Market Change Percent | 0.0867139 |
| Pre Market Price | 57.71 |
| Pre Market Time | 1,784,028,288 |
| Previous Close | 58.54 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.880001 |
| Regular Market Change Percent | -1.50325 |
| Regular Market Day High | 58.55 |
| Regular Market Day Low | 57.42 |
| Regular Market Day Range | 57.42 - 58.55 |
| Regular Market Open | 58.21 |
| Regular Market Previous Close | 58.54 |
| Regular Market Price | 57.66 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 1,487,773 |
| Short Name | ProShares Short VIX Short Term |
| Source Interval | 15 |
| Symbol | SVXY |
| Three Year Average Return | 0.1037136 |
| Total Assets | 221,554,464 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 25.09556 |
| Trailing Three Month Returns | 25.09556 |
| Triggerable | 1 |
| Two Hundred Day Average | 51.71125 |
| Two Hundred Day Average Change | 5.9487495 |
| Two Hundred Day Average Change Percent | 0.11503782 |
| Type Disp | ETF |
| Volume | 1,487,773 |
| Yield | 0.0 |
| Ytd Return | 3.23755 |