# -1x Short VIX Futures ETF (SVIX)

> Source: Nexqual · https://nexqual.com/SVIX · data as of 2026-10-23 16:59 UTC · cite as "Nexqual, -1x Short VIX Futures ETF (SVIX), nexqual.com/SVIX" · informational, not investment advice.

**Price:** USD 26.16 (-2.79% today) · US market open, as of October 23, 2026 at 16:59 UTC; quotes may be delayed. Prev close 26.91 · day 25.49–26.67 · 52w 14.13–30.39 · market cap null · BTS

## Key facts
- Total return with dividends: 1Y +30.3% vs S&P 500 +14.6%; 5Y +79.1% vs S&P 500 +77.3%.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|
| Operating income | -$1.9M | -$2.4M | $364K | -$55K | — |
| Net income | -$60.7M | — | -$25.4M | -$624M | — |
| Cash + short-term investments | $505K | $5.0M | $1.2M | $125M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters)


## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2022-03-28) |
|---|---|---|
| Total return | +30.3% | +79.1% |
| S&P 500 (SPY) | +14.6% | +77.3% |
| Per year | +30.3% | +13.6% |
| Volatility (annualized) | 53.0% | 58.3% |
| Max drawdown | -42.7% (Jan 2026→Mar 2026) | -79.0% (Jul 2024→Apr 2025) |

## Peers
UVIX (2x Long VIX Futures ETF) USD 41.71 +5.20% · SVXY (ProShares Short VIX Short Term ) USD 61.2 -1.26% · TSLQ (Tradr 2X Short TSLA Daily ETF) USD 17.25 +1.20% · VIXY (VIX Short-Term Futures ETF) USD 18.18 +2.71% · KOLD (ProShares UltraShort Bloomberg ) USD 31.15 +3.87%

## More
Full page: https://nexqual.com/SVIX · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Options: expected move (Cboe, 15-min delayed)

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-10-30 | 7 | 91.1% | ±10.9% |
| 2026-11-06 | 14 | 88.1% | ±14.3% |
| 2026-11-13 | 21 | 72.7% | ±15.0% |
| 2026-11-20 | 28 | 79.1% | ±17.8% |
| 2026-11-27 | 35 | 70.5% | ±17.6% |
| 2026-12-04 | 42 | 83.5% | ±22.8% |
| 2026-12-18 | 56 | 71.2% | ±22.5% |
| 2027-01-15 | 84 | 63.7% | ±24.1% |