UVXY And SVXY: Trading Volatility In A Turbulent Market

ProShares Ultra VIX Short-Term Futures ETF and ProShares Short VIX Short-Term Futures ETF offer tactical tools for trading volatility spikes and normalization. I recommend Hold ratings on both UVXY and SVXY, emphasizing their use for short-term, daily trading due to compounding and NAV decay risks. With S&P 500 expected to remain flat in 2026, volatility will likely be driven by exogenous shocks such as geopolitical events and energy price fluctuations.

Seeking Alpha • Mar 5, 2026

3 Speculative But Profitable Trading ETFs Even Risk-Averse Investors Can Utilize Right Now

In this choppy market under President Trump's second term, even risk-averse investors can dip into speculative ETFs for profitable trades.

24/7 Wall Street • Mar 2, 2026

SVXY: Tactical Tool To Take Advantage Of A Falling VIX

SVXY is a high-risk ETF designed to deliver -0.5x the daily performance of the S&P 500 VIX Short-Term Futures Index. Current low market volatility makes it an inopportune time to bet on further volatility declines, so I rate SVXY as a Hold. Understanding when to go long or short volatility is crucial, especially in markets with overvalued stocks and sentiment-driven pricing.

Seeking Alpha • Sep 2, 2025

Long Volatility: The Next Big Macro Play

VIX-related ETFs offer asymmetric return potential, especially with current volatility levels well below historical averages, making long-VIX trades attractive now. Recent market calm masks significant geopolitical and economic risks, including unresolved trade tensions and the outsized influence of AI-driven stocks. The VIX's current low percentile suggests markets are underpricing uncertainty, despite ongoing global instability and unpredictable policy moves.

Seeking Alpha • Aug 25, 2025

SVXY: Taking Profit Amid Growing Prospects Of Another VIX Spike

The ProShares Short VIX Short-Term Futures ETF has performed well, since we upgraded our rating from "Hold" to "Strong Buy" on 9 April. The SVXY has gained by around 11.9% while the Cboe Volatility Index has dropped by around -30.0% over the same period (based on prices at the time of publication). Given the increasing risks of a highly volatile equity environment, we think the potential reward for shorting volatility no longer adequately compensates for the risk of another spike on the VIX.

Seeking Alpha • May 8, 2025

SVXY: Short Volatility Strategies Are Worth The Risk Right Now (Upgrade)

With the VIX currently at 52.33 points, we think short volatility strategies are starting to look compelling. Short VIX strategies capitalize on the VIX's reliable pattern of reverting to the mean following a spike.

Seeking Alpha • Apr 9, 2025

3 Volatility ETFs to Help You Profit from Market Chaos

Volatility refers to the extent of price fluctuations for a given asset or market. Historically, volatility has been inversely correlated with the stock market.

MarketBeat • Feb 9, 2025

SVXY: Volatility Got Crushed After The Election Results (Rating Downgrade)

ProShares Short VIX Short-Term Futures ETF benefits from falling volatility; post-election VIX normalization makes it less attractive, prompting a 'Sell' rating to take profit. SVXY is not suitable for buy and hold due to potential significant drawdowns from sudden volatility spikes. The fund should be bought when VIX spikes due to external events and sold after volatility subsides.

Seeking Alpha • Nov 8, 2024

3 Short-Term Volatility ETFs to Watch Following Market Sell-Off

Volatility ETFs stood out over the last week amid the big market sell-off. Volatility spiked considerably as a wave of selling spread from Japan.

ETF Trends • Aug 9, 2024

Why Chasing Volatility With a VIX ETF Is Trickier Than It Seems

U.S. investors looking for positive returns had few options on Monday. Stocks tumbled while Treasury bond prices pared early gains.

Investopedia • Aug 7, 2024