ProShares Short VIX Short-Term Futures ETF (SVXY)Trading--Miscellaneous | Exchange Traded Fund | Cboe US
49.42 USD
-0.72
(-1.436%) ⇩
(April 21, 2026, 3:52 p.m.
EDT)
Short-term: ★★★★☆ | Long-term: ★★★☆☆ | Dividends: ★☆☆☆☆ |
Hot Take | April 19, 2026, 12:18 a.m. EDT
SVXY is a contrarian trap from a long-term hold perspective due to the 52-week high run and inherent decay risk of double leverage, but technically appears to be in a strong short-duration 'V-shape' recovery rally against the VIX indices. The data suggests a speculative narrative where traders are buying calls for a near-term volatility spike (implied by 58.0 call wall) but locking in deep put protection for the end of 2027, signaling a belief that markets will calm down quickly but VIX might remain elevated long-term relative to historical norms. Avoid holding through the nights; the fundamental view is inherently neutral-to-bearish on SVXY price appreciation as VIX reverts to arithmetic means, but the current price action offers a short-term tactical buy for trend followers only. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.061132 |
| AutoARIMA | 0.062519 |
| AutoETS | 0.062520 |
| MSTL | 0.063901 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 44% |
| H-stat | 9.03 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.158 |
| Excess Kurtosis | -1.30 |
As of April 19, 2026, 12:18 a.m. EDT: Options data reveals a complex sentiment split between hedging and speculation. For near-term expirations (April), put writers (OTM) dominate OI at strikes 30-45, with massive IV spikes (>1000%) suggesting fear of a crash fading into gross volatility. Conversely, April calls show a dense 'wall' of Open Interest at 58.0 and 43-45 strikes, indicating institutional limit-down protection on the bullish side or hedging for a rebound. Front-month ATM IV is heavily skewed to Puts (0.63 vs 0.52). For longer tenors, a clear asymmetry emerges: Call OI is negligible for Q3/Q4 2026 (OTM), while Put OI explodes in late 2026-2028, building a massive floor at 20-28 strikes. This implies a market pricing in high stability short-term but expecting structural decline (or mean reversion to zero) in the long run, despite the recent price momentum raising the strike prices available to traders.
| Attribute | Value |
|---|---|
| All Time High | 278.94 |
| All Time Low | 9.75 |
| Ask | 49.85 |
| Ask Size | 700 |
| Average Daily Volume10 Day | 1,742,850 |
| Average Daily Volume3 Month | 2,837,183 |
| Average Volume | 2,837,183 |
| Average Volume10Days | 1,742,850 |
| Beta3 Year | -59.85 |
| Bid | 49.84 |
| Bid Size | 400 |
| Category | Trading--Miscellaneous |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 50.21 |
| Day Low | 49.23 |
| 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 | 49.5046 |
| Fifty Day Average Change | -0.084602356 |
| Fifty Day Average Change Percent | -0.0017089797 |
| Fifty Two Week Change Percent | 40.448177 |
| Fifty Two Week High | 56.46 |
| Fifty Two Week High Change | -7.040001 |
| Fifty Two Week High Change Percent | -0.12469006 |
| Fifty Two Week Low | 35.18 |
| Fifty Two Week Low Change | 14.239998 |
| Fifty Two Week Low Change Percent | 0.40477538 |
| Fifty Two Week Range | 35.18 - 56.46 |
| First Trade Date Milliseconds | 1,317,735,000,000 |
| Five Year Average Return | 0.153289 |
| 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 | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_141325429 |
| Nav Price | 50.061 |
| Net Assets | 183,976,256.0 |
| Net Expense Ratio | 1.01 |
| Open | 50.21 |
| Phone | 240-497-6400 |
| Previous Close | 50.14 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.7200012 |
| Regular Market Change Percent | -1.4359818 |
| Regular Market Day High | 50.21 |
| Regular Market Day Low | 49.23 |
| Regular Market Day Range | 49.23 - 50.21 |
| Regular Market Open | 50.21 |
| Regular Market Previous Close | 50.14 |
| Regular Market Price | 49.42 |
| Regular Market Time | 1,776,801,178 |
| Regular Market Volume | 1,812,912 |
| Short Name | ProShares Short VIX Short Term |
| Source Interval | 15 |
| Symbol | SVXY |
| Three Year Average Return | 0.14059651 |
| Total Assets | 183,976,256 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -17.47305 |
| Trailing Three Month Returns | -17.47305 |
| Triggerable | 1 |
| Two Hundred Day Average | 49.7774 |
| Two Hundred Day Average Change | -0.3574028 |
| Two Hundred Day Average Change Percent | -0.007180021 |
| Type Disp | ETF |
| Volume | 1,812,912 |
| Yield | 0.0 |
| Ytd Return | -17.47305 |