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QID vs SVXY

ProShares UltraShort QQQ

QIDBNYSE Arca

ProShares Short VIX Short-Term Futures ETF

SVXYBCboe

Overlap

Expense ratio

Same figure. Both funds show the same value, so neither comes out ahead.

QID0.95%SVXY0.95%

Avg volume · 30D

QID 19.0×the volume

QID28.3MSVXY1.49M

10Y return · a year

SVXY +35.5pt

QID−37.2%SVXY−1.7%

QID vs SVXY Performance

Oct 29, 2021 – Oct 30, 2026

−78.4%QID+96.6%SVXY

Oct 29, 2021 to Oct 30, 2026. QID −78.4%. SVXY +96.6%. Use the arrow keys to read each point.−50%0%50%Oct 2021Apr 2024Oct 2026
Expense ratio
QID 0.95%
SVXY 0.95%
Fund size
QID $311M
SVXY $201M
1Y total return
QID −19.2%
SVXY +21.9%, better
Yield (12M)
QID 5.55%
SVXY No data
Holdings
QID 8
SVXY 1
Avg volume (30D)
QID 28.3M sh, better
SVXY 1.49M sh
NAV per share
QID $15.09
SVXY $60.55
52W range

ETF.net Grade

QID: Cost 50, Risk 34, Mission 98, Tradability 90, Holdings 55, Durability 71. SVXY: Cost 50, Risk 75, Mission not scored, Tradability 84, Holdings not scored, Durability 76.
Pillar letters and Scores for QID, SVXY, with each pillar’s weight
PillarQIDSVXY
Cost30% weightC50C50
Mission25% weightA98Not scored
Risk15% weightD34A75Higher
Tradability15% weightA90HigherA84
Holdings10% weightB55Not scored
Durability5% weightA71A76Higher

Rank among Leveraged Inverse (2x & Other) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. QID and SVXY are both graded against the same 53 Leveraged Inverse (2x & Other) funds, so their Grades compare head to head.

Leveraged Inverse (2x & Other)⁠

Category · 53 funds
See all 53 ›

SVXY ranks 1st and QID 11th of 53 funds in the Leveraged Inverse (2x & Other) Category.

  1. Rank 1BDOGProShares Short Dow30Score 65
  2. Rank 1BSVXYProShares Short VIX Short-Term Futures ETFScore 65
  3. Rank 3BPSQProShares Short QQQScore 64
  4. Rank 10BDXDProShares UltraShort Dow30Score 58
  5. Rank 11BQIDProShares UltraShort QQQScore 57
  6. Rank 12BSEFProShares Short FinancialsScore 56

Our read on each fund

ETF.net Research

QIDBProShares UltraShort QQQ

SVXYBProShares Short VIX Short-Term Futures ETF

In short

QID One of ProShares' original geared funds, live since 2006: QID aims for two times the inverse of the Nasdaq-100's daily move, resetting every night. Fee is 0.95% net of a waiver through September 30, 2027.

SVXY Short volatility, half dose. SVXY targets one-half the inverse of a VIX short-term futures index each day, a deliberately de-tuned take on the short-vol trade, and it has run that mandate since 2011.

Stated mandate

QID The fund seeks daily investment results, before fees and expenses, corresponding to two times the inverse performance of the Nasdaq-100 Index.

SVXY SVXY seeks daily results equal to one-half the inverse of the S&P 500 VIX Short-Term Futures Index. Its objective is measured daily, so returns over longer periods can differ from the stated daily target.

Why people hold it

  • QID Day in, day out it lands close to its stated two-times-inverse target, one of the tighter implementations in the leveraged and inverse group.
  • Very actively traded, which matters when the holding period is measured in hours rather than years.
  • Same 0.95% net (waived through September 30, 2027) as single-short sibling PSQ, whose 0.95% net is waived to that same date, for twice the daily gear.
  • Trading since July 2006, through two decades of market cycles, and priced near the typical fee for leveraged and inverse funds.
  • SVXY The half-strength design is the whole idea: a -0.5x daily target rather than full inverse, so a jump in VIX futures lands with half the force of a one-for-one short.proshares.com
  • 0.95% a year sits below the typical leveraged and inverse fund, and among that crowd this is one of the stronger implementations in its peer group.
  • Launched in 2011 and actively traded, so it has a long operating history and a working market for getting in and out.

Worth knowing

  • QID The mandate is one day only. Over longer stretches returns compound and usually differ from twice the inverse of the index, and volatility can hurt badly.sec.gov
  • ProShares' own filings say shareholders should actively manage and monitor these funds, as frequently as daily.sec.gov
  • Leverage runs both directions: a Nasdaq-100 that rises on the day moves this fund down about twice as much, before fees.
  • SVXY The objective resets daily. Hold longer and compounding takes over, so results over weeks or months can look nothing like half the inverse of the index.proshares.com
  • It is a commodity pool holding VIX futures, not a basket of stocks. Reporting and tax treatment follow different rules than a standard equity ETF.proshares.com
  • Pure price vehicle with no distribution stream, and volatility spikes arrive fast, which is exactly what a short-vol position is on the wrong side of.

Full QID profile⁠

Full SVXY profile⁠

QID vs SVXY Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

QID vs SVXY Cost

Same expense ratio

$17,869

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • QID 0.95%

    $17,869

  • SVXY 0.95%

    $17,869

$10,000
30 years

Cost over time

  • QID 0.95%
  • SVXY 0.95%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530QID $17,869SVXY $17,869

Year by year

YearQIDSVXY
10$1,678$1,678
20$6,322$6,322
30$17,869$17,869

Expense ratio

  • 0.95%QID
  • 0.95%SVXY
  • Middle half of Leveraged Inverse (2x & Other) funds
  • Median 0.95%

QID 6th cheapest of 53 funds

SVXY 6th cheapest of 53 funds

QID vs SVXY Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
QID 5.55%
SVXY No data
Payout (12M)
QID $0.84
SVXY None
Last payment
QID $0.17
SVXY No data
Ex-dividend
QID Sep 23, 2026
SVXY No data
Paid on
QID Sep 29, 2026
SVXY No data
Frequency
QID Quarterly
SVXY No data

Distribution history

Per share, 2017 to 2026, same scale for both

QIDQuarterly · 26 paymentsAll QID payments⁠
One bar per payment. 26 payments from 2017 to 2026 YTD. Dec 26, 2017 $0.81; Mar 21, 2018 $1.76; Jun 20, 2018 $2.70; Sep 26, 2018 $3.76; Dec 26, 2018 $4.92; Mar 20, 2019 $2.38; Jun 25, 2019 $4.14; Sep 25, 2019 $3.30; Dec 24, 2019 $2.09; Mar 25, 2020 $1.31; Dec 22, 2022 $0.19; Mar 22, 2023 $0.42; Jun 21, 2023 $0.67; Sep 20, 2023 $0.88; Dec 20, 2023 $1.03; Mar 20, 2024 $0.79; Jun 26, 2024 $0.78; Sep 25, 2024 $0.53; Dec 23, 2024 $0.51; Mar 26, 2025 $0.37; Jun 25, 2025 $0.28; Sep 24, 2025 $0.25; Dec 24, 2025 $0.37; Mar 25, 2026 $0.15; Jun 24, 2026 $0.15; Sep 23, 2026 $0.17. Use the arrow keys to read each point.$0$52017202020232026YTD
SVXYAll SVXY payments⁠

No distribution history available.

QID vs SVXY Risk

Fall from peak · 5 years

  • QID
  • SVXY
Oct 29, 2021 to Oct 30, 2026. Worst fall: QID −89.3% · Oct 2026. Use the arrow keys to read each point.−100%−75%−50%−25%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
QID 32.9%SVXY 26.5%, better
Return per unit of riskSharpe ratio, 3 years
QID −1.37SVXY 0.42, better
Worst fallMax drawdown, 5 years
QID −89.3%SVXY −46.4%, better
Market sensitivityBeta, 5 years
QID −2.33SVXY 1.32

QID and SVXY in the news

All news⁠

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