SVXY Stock Summary and Trading Ideas (ProShares Short Vix Short-Term Futures ETF | ARCA:SVXY)

ProShares Short VIX Short-Term Futures ETF seeks, on a daily basis, to provide investment results (before fees and expenses) that correspond to the inverse (-1x) of the performance of the S&P 500 VIX Short-Term Futures Index. This Short ProShares ETF seeks a return that is -1x the return of an index or other benchmark (target) for a single day, as measured from one NAV calculation to the next.

ProShares Short Vix Short-Term Futures ETF trades on the ARCA stock market under the symbol SVXY.

As of January 17, 2025, SVXY stock price declined to $50.88 with 1,112,007 million shares trading.

SVXY has a market cap of $232.45 million. This is considered a Small Cap stock.

In the last 3 years, SVXY traded as high as $64.22 and as low as $22.53.

SVXY has underperformed the market in the last year with a price return of -0.3% while the SPY ETF gained +28.0%. However, in the short term, SVXY had mixed performance relative to the market. It has outperformed in the last 3 months, returning +5.1% vs +3.0% return in SPY. But in the last 2 weeks, SVXY shares have been beat by the market, returning 0.0% compared to an SPY return of +1.0%.

SVXY support price is $49.46 and resistance is $52.54 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SVXY shares will trade within this expected range on the day.