VIXY vs SPY
Comparison between ProShares VIX Short-Term Futures ETF (VIXY, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceSPY has outperformed VIXY, delivering a return of +13.0% compared to -46.9%
VIXY vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
VIXY vs SPY - Historical Returns
Returns include dividend reinvestment.
VIXY vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | VIXY | SPY |
|---|---|---|
| 2026 | -18.05% | +10.11% |
| 2025 | -44.21% | +18.00% |
| 2024 | -27.43% | +25.59% |
| 2023 | -72.62% | +26.72% |
| 2022 | -22.16% | -18.64% |
| 2021 | -74.80% | +30.52% |
| 2020 | +14.98% | +17.28% |
| 2019 | -66.82% | +31.09% |
| 2018 | +72.91% | -5.24% |
| 2017 | -70.68% | +20.78% |
| 2016 | -70.06% | +13.59% |
| 2015 | -35.32% | +1.31% |
| 2014 | -27.89% | +14.56% |
| 2013 | -61.86% | +29.00% |
| 2012 | -76.29% | +14.17% |
| 2011 | -4.40% | +0.85% |
| 2010 | N/A | +13.14% |
| 2009 | N/A | +22.67% |
| 2008 | N/A | -36.25% |
| 2007 | N/A | +5.32% |
| 2006 | N/A | +13.85% |
| 2005 | N/A | +5.32% |
| 2004 | N/A | +10.75% |
| 2003 | N/A | +24.18% |
| 2002 | N/A | -22.42% |
| 2001 | N/A | -10.13% |
| 2000 | N/A | -8.84% |
| 1999 | N/A | +8.61% |
VIXY vs SPY Drawdown Comparison
The maximum drawdown for VIXY was -100.00%, occurring on Jul 15, 2026. This drawdown has not yet recovered.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current VIXY drawdown is -100.00%. The current SPY drawdown is -1.24%.
| Rank | VIXY | SPY |
|---|---|---|
| #1 | -100.00% Oct 3, 2011 - Jul 15, 2026 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -47.05% Mar 16, 2011 - Aug 18, 2011 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -24.07% Jan 4, 2011 - Mar 16, 2011 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -12.28% Aug 22, 2011 - Sep 9, 2011 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -10.35% Sep 12, 2011 - Sep 22, 2011 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -5.31% Sep 23, 2011 - Sep 28, 2011 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -1.75% Sep 28, 2011 - Sep 30, 2011 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | N/A | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | N/A | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | N/A | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | N/A | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | N/A | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | N/A | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | N/A | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | N/A | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between VIXY and SPY is -0.45 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.
Select Stocks to Compare
More Comparisons
Compare with similar stocks