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SIJ vs SVXY

ProShares UltraShort Industrials

SIJCNYSE 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.

SIJ0.95%SVXY0.95%

Avg volume · 30D

SVXY 161.2×the volume

SIJ9.24KSVXY1.49M

10Y return · a year

SVXY +25.6pt

SIJ−26.8%SVXY−1.2%

SIJ vs SVXY Performance

Nov 2, 2021 – Nov 2, 2026

−60.2%SIJ+92.6%SVXY

Nov 2, 2021 to Nov 2, 2026. SIJ −60.2%. SVXY +92.6%. Use the arrow keys to read each point.0%50%Nov 2021May 2024Nov 2026
Expense ratio
SIJ 0.95%
SVXY 0.95%
Fund size
SIJ $2M
SVXY $201M
1Y total return
SIJ −16.9%
SVXY +21.8%, better
Yield (12M)
SIJ 3.29%
SVXY No data
Holdings
SIJ 1
SVXY 1
Avg volume (30D)
SIJ 9.24K sh
SVXY 1.49M sh, better
NAV per share
SIJ $18.93
SVXY $60.51
52W range

ETF.net Grade

SIJ: Cost 50, Risk 41, Mission not scored, Tradability 38, Holdings not scored, Durability 41. SVXY: Cost 50, Risk 75, Mission not scored, Tradability 84, Holdings not scored, Durability 76.
Pillar letters and Scores for SIJ, SVXY, with each pillar’s weight
PillarSIJSVXY
Cost30% weightC50C50
Mission25% weightNot scoredNot scored
Risk15% weightC41A75Higher
Tradability15% weightD38A84Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC41A76Higher

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. SIJ 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 SIJ 32nd of 53 funds in the Leveraged Inverse (2x & Other) Category.

  1. Rank 1BDOGProShares Short Dow30Score 65
  2. Rank 1BPSQProShares Short QQQScore 65
  3. Rank 1BSVXYProShares Short VIX Short-Term Futures ETFScore 65
  4. Rank 4BRWMProShares Short Russell2000Score 63
  5. Rank 32CSDPProShares UltraShort UtilitiesScore 40
  6. Rank 32CSIJProShares UltraShort IndustrialsScore 40
  7. Rank 32CSMNProShares UltraShort MaterialsScore 40

Our read on each fund

ETF.net Research

SIJCProShares UltraShort Industrials

SVXYBProShares Short VIX Short-Term Futures ETF

In short

SIJ Wall Street's only two-times inverse play on the industrials sector in ETF form: one ticker, machinery-to-airlines exposure flipped upside down, reset at the end of every trading day since 2007.

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

SIJ SIJ seeks, before fees and expenses, daily investment results equal to twice the inverse of the S&P Industrials Select Sector Index’s daily performance. It is intended to gain when the industrials sector declines.

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

  • SIJ ProShares calls it the only -2x ETF built to rise when the industrials sector falls on the day. No other wrapper offers that exact dial.proshares.com
  • 0.95% net of a waiver through September 30, 2027, matching ProShares staples DOG and PSQ (both 0.95% net of waivers through the same date) and near the category median.
  • Trading since January 2007, which makes it one of the original leveraged-inverse sector funds, built and run by the shop that pioneered them.
  • Short exposure comes from swaps and futures on the index, not borrowed stock in a margin account.proshares.com
  • 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

  • SIJ The -2x target resets daily. Hold longer and compounding can push results well away from -2x the index's move over that stretch, especially in choppy markets.proshares.com
  • Gross expenses run 3.82% before the waiver, and that waiver runs out September 30, 2027. Renewal is up to ProShares.
  • A small fund that trades lightly next to the broad-market inverse names, so spreads and execution costs carry more weight.
  • 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 SIJ profile⁠

Full SVXY profile⁠

SIJ 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.

SIJ vs SVXY Cost

Same expense ratio

$17,869

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

  • SIJ 0.95%

    $17,869

  • SVXY 0.95%

    $17,869

$10,000
30 years

Cost over time

  • SIJ 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$20K051015202530SIJ $17,869SVXY $17,869

Year by year

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

Expense ratio

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

SIJ 6th cheapest of 53 funds

SVXY 6th cheapest of 53 funds

SIJ vs SVXY Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
SIJ 3.29%
SVXY No data
Payout (12M)
SIJ $0.61
SVXY None
Last payment
SIJ $0.13
SVXY No data
Ex-dividend
SIJ Sep 23, 2026
SVXY No data
Paid on
SIJ Sep 29, 2026
SVXY No data
Frequency
SIJ Quarterly
SVXY No data

Distribution history

Per share, 2017 to 2026, same scale for both

SIJQuarterly · 22 paymentsAll SIJ payments⁠
One bar per payment. 22 payments from 2017 to 2026 YTD. Jun 20, 2018 $0.21; Sep 26, 2018 $0.48; Dec 26, 2018 $0.57; Mar 20, 2019 $0.53; Jun 25, 2019 $1.05; Sep 25, 2019 $0.61; Dec 24, 2019 $0.41; Mar 22, 2023 $0.28; Jun 21, 2023 $0.52; Sep 20, 2023 $0.68; Dec 20, 2023 $0.74; Mar 20, 2024 $0.43; Jun 26, 2024 $0.56; Sep 25, 2024 $0.44; Dec 23, 2024 $0.58; Mar 26, 2025 $0.25; Jun 25, 2025 $0.36; Sep 24, 2025 $0.32; Dec 24, 2025 $0.29; Mar 25, 2026 $0.05; Jun 24, 2026 $0.12; Sep 23, 2026 $0.13. Use the arrow keys to read each point.$0$12017202020232026YTD
SVXYAll SVXY payments⁠

No distribution history available.

SIJ vs SVXY Risk

Fall from peak · 5 years

  • SIJ
  • SVXY
Nov 2, 2021 to Nov 2, 2026. Worst fall: SIJ −78.9% · Aug 2026. Use the arrow keys to read each point.−80%−60%−40%−20%0%Nov 2021May 2024Nov 2026

Risk facts

VolatilityStd dev, 3 years
SIJ 31.4%SVXY 26.5%, better
Return per unit of riskSharpe ratio, 3 years
SIJ −1.08SVXY 0.42, better
Worst fallMax drawdown, 5 years
SIJ −78.9%SVXY −46.4%, better
Market sensitivityBeta, 5 years
SIJ −1.77SVXY 1.32

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