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UVIX vs WX

2x Long VIX Futures ETF

UVIXFCboe

Corgi All World 2x Daily ETF

WXCCboe

Overlap

Expense ratio

WX −1.99pt a year

UVIX2.19%WX0.20%

Avg volume · 30D

UVIX 7500.9×the volume

UVIX2.14MWX285

UVIX vs WX Performance

Jul 31, 2026 – Nov 2, 2026

−23.8%UVIX−3.4%WX

Jul 31, 2026 to Nov 2, 2026. UVIX −23.8%. WX −3.4%. Use the arrow keys to read each point.−40%−30%−10%10%Jul 2026Sep 2026Nov 2026
Expense ratio
UVIX 2.19%
WX 0.20%, better
Fund size
UVIX $215M
WX $1M
1Y total return
UVIX −78.5%
WX No data
Holdings
UVIX 3
WX 1
Avg volume (30D)
UVIX 2.14M sh, better
WX 285 sh
NAV per share
UVIX $42.39
WX $22.96
52W range

ETF.net Grade

UVIX: Cost 1, Risk 6, Mission not scored, Tradability 72, Holdings not scored, Durability 69. WX: Cost 100, Risk 71, Mission not scored, Tradability 31, Holdings not scored, Durability 23.
Pillar letters and Scores for UVIX, WX, with each pillar’s weight
PillarUVIXWX
Cost30% weightF1A100Higher
Mission25% weightNot scoredNot scored
Risk15% weightF6A71Higher
Tradability15% weightA72HigherD31
Holdings10% weightNot scoredNot scored
Durability5% weightB69HigherF23

Rank among Leveraged Long (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. UVIX and WX are both graded against the same 95 Leveraged Long (2x & Other) funds, so their Grades compare head to head.

Leveraged Long (2x & Other)⁠

Category · 95 funds
See all 95 ›

WX ranks 37th and UVIX 91st of 95 funds in the Leveraged Long (2x & Other) Category.

  1. Rank 37CWLDULeverage Shares 2x Long World SScore 40
  2. Rank 37CWXCorgi All World 2x Daily ETFScore 40
  3. Rank 37CXBIXCorgi U.S. Biotech 2x Daily ETFScore 40
  4. Rank 89DUSLVDirexion Daily Silver Bull 2X ETFScore 25
  5. Rank 91FUVIX2x Long VIX Futures ETFScore 23
  6. Rank 92FURAADirexion Daily Uranium Industry Bull 2X ETFScore 22

Our read on each fund

ETF.net Research

UVIXF2x Long VIX Futures ETF

WXCCorgi All World 2x Daily ETF

In short

UVIX Most leveraged ETFs juice a stock index. UVIX goes after fear itself: twice the daily move of a VIX futures index, wrapped in a commodity pool. A short-horizon trading tool, by design.

WX No data

Stated mandate

UVIX The fund seeks daily results, before fees and expenses, equal to twice the performance of the Long VIX Futures Index.

WX No data

Why people hold it

  • UVIX A rare pure play on volatility in a cohort dominated by leveraged equity funds: it targets 2x the daily move of the Long VIX Futures Index.
  • The mandate leaves nothing to interpretation: a stated 2x daily multiple against one named index, spelled out in the prospectus. No manager discretion.
  • For a tool you hold in hours or days, liquidity matters most. UVIX is actively traded, one of the stronger showings in its peer group for getting in and out.
  • Running since 2022, so it has a multi-year operating history in a corner of the market where launches often do not stick around.

WX No data

Worth knowing

  • UVIX The fee is 2.19%, well above what most leveraged funds charge. That drag runs whether volatility spikes or naps.
  • The 2x target resets daily. Over any longer stretch, compounding means results can diverge widely from twice the index move over that same stretch.
  • It is a commodity pool tracking VIX futures, not the spot VIX and not a stock fund, and it has made no distributions in the past year.

WX No data

Full UVIX profile⁠

Full WX profile⁠

UVIX vs WX 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.

UVIX vs WX Cost

Overpaying UVIX vs WX

$31,034

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

  • UVIX 2.19%

    $35,189

  • WX 0.20%

    $4,155

$10,000
30 years

Cost over time

  • UVIX 2.19%
  • WX 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K$40K051015202530UVIX $35,189WX $4,155

Year by year

YearUVIXWXOverpaying
10$3,675$365$3,310
20$13,108$1,421$11,687
30$35,189$4,155$31,034

Expense ratio

  • 2.19%UVIX
  • 0.20%WX, cheaper
  • Middle half of Leveraged Long (2x & Other) funds
  • Median 0.95%

WX cheapest of 95 funds

UVIX 95th cheapest of 95 funds

UVIX vs WX Dividends

Last 12 months to Nov 2, 2026
Payout (12M)
UVIX None
WX None

Distribution history

UVIXAll UVIX payments⁠

No distribution history available.

WXAll WX payments⁠

No distribution history available.

UVIX vs WX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
UVIX 73.7%WX No data
Return per unit of riskSharpe ratio, 3 years
UVIX −1.79WX No data
Worst fallMax drawdown, 5 years
UVIX −100.0%since Mar 2022WX No data
Market sensitivityBeta, 5 years
UVIX −4.27WX 2.71

UVIX and WX in the news

All news⁠

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