Skip to content

UVXY vs WX

ProShares Ultra VIX Short-Term Futures ETF

UVXYCCboe

Corgi All World 2x Daily ETF

WXCCboe

Overlap

0.0%by weight

Expense ratio

WX −0.75pt a year

UVXY0.95%WX0.20%

Avg volume · 30D

UVXY 29592.2×the volume

UVXY8.43MWX285

UVXY vs WX Performance

Jul 31, 2026 – Oct 30, 2026

−16.9%UVXY−3.2%WX

Jul 31, 2026 to Oct 30, 2026. UVXY −16.9%. WX −3.2%. Use the arrow keys to read each point.−30%−10%10%Jul 2026Sep 2026Oct 2026
Expense ratio
UVXY 0.95%
WX 0.20%, better
Fund size
UVXY $225M
WX $1M
1Y total return
UVXY −63.6%
WX No data
Holdings
UVXY 1
WX 1
Avg volume (30D)
UVXY 8.43M sh, better
WX 285 sh
NAV per share
UVXY $19.43
WX $22.96
52W range

ETF.net Grade

UVXY: Cost 51, Risk 9, Mission not scored, Tradability 78, Holdings not scored, Durability 83. WX: Cost 100, Risk 71, Mission not scored, Tradability 31, Holdings not scored, Durability 23.
Pillar letters and Scores for UVXY, WX, with each pillar’s weight
PillarUVXYWX
Cost30% weightC51A100Higher
Mission25% weightNot scoredNot scored
Risk15% weightF9A71Higher
Tradability15% weightA78HigherD31
Holdings10% weightNot scoredNot scored
Durability5% weightA83HigherF23

Rank among Leveraged Long (2x & Other) funds

Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. UVXY 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 ›

UVXY ranks 28th and WX 37th of 95 funds in the Leveraged Long (2x & Other) Category.

  1. Rank 28CAGQProShares Ultra SilverScore 49
  2. Rank 28CUVXYProShares Ultra VIX Short-Term Futures ETFScore 49
  3. Rank 30CMQQQTradr 2X Long Innovation 100 Monthly ETFScore 48
  4. Rank 37CWLDULeverage Shares 2x Long World SScore 40
  5. Rank 37CWXCorgi All World 2x Daily ETFScore 40
  6. Rank 37CXBIXCorgi U.S. Biotech 2x Daily ETFScore 40

Our read on each fund

ETF.net Research

UVXYCProShares Ultra VIX Short-Term Futures ETF

WXCCorgi All World 2x Daily ETF

In short

UVXY A volatility trading instrument, not a portfolio holding. UVXY targets 1.5 times the daily move of an index of short-term VIX futures, costs less than the typical leveraged fund, trades heavily, and resets every single day.

WX No data

Stated mandate

UVXY The fund seeks daily results equal to 1.5 times the daily performance of the S&P 500 VIX Short-Term Futures Index, before fees and expenses.

WX No data

Why people hold it

  • UVXY Expense ratio of 0.95%, below the 1.04% median for leveraged funds. Costs matter when holding periods are measured in hours.
  • Very actively traded, so entering and exiting during a volatility spike is rarely the hard part.
  • The mandate is mechanical and public: 1.5x the daily move of the S&P 500 VIX Short-Term Futures Index. No manager discretion in the mix.proshares.com
  • Live since 2011, through several volatility regimes, and it rates among the stronger builds in its leveraged peer group.

WX No data

Worth knowing

  • UVXY The 1.5x target applies to one day. Over longer stretches, compounding can push results well away from 1.5x the index move, in either direction.
  • Sits at the extreme end of the risk spectrum even next to other leveraged funds, and it isn't an income product.
  • Structured as a commodity pool rather than a standard 1940 Act fund, so tax treatment and year-end paperwork differ from a plain stock ETF.proshares.com

WX No data

Full UVXY profile⁠

Full WX profile⁠

UVXY vs WX Holdings

How UVXY and WX differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of UVXY and 0.0% of WX.

Level by level

  • Asset classAlternatives, Equity0.0%
  • Holdings0 in both0.0%

Sector

No Sector split for UVXY and WX.

Country, concentration and asset class

Country by domicile

No country split for UVXY.

Concentration

Weight in the 10 largest Holdings

  • UVXY100.0%
  • WX198.9%

Securities held

  • UVXY0
  • WX0

Asset class

UVXY
Alternatives
WX
Equity

Holdings

  • Only in UVXY0
  • In both0
  • Only in WX0

Only in UVXY

0 securities, 0.0% of UVXY by weight

Only in WX

0 securities, 0.0% of WX by weight

Weight gaps

UVXY and WX share no securities.

All 3 UVXY holdings⁠All 15 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.

UVXY vs WX Cost

Overpaying UVXY vs WX

$13,714

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

  • UVXY 0.95%

    $17,869

  • WX 0.20%

    $4,155

$10,000
30 years

Cost over time

  • UVXY 0.95%
  • WX 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530UVXY $17,869WX $4,155

Year by year

YearUVXYWXOverpaying
10$1,678$365$1,313
20$6,322$1,421$4,901
30$17,869$4,155$13,714

Expense ratio

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

WX cheapest of 95 funds

UVXY 32nd cheapest of 95 funds

UVXY vs WX Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
UVXY None
WX None

Distribution history

UVXYAll UVXY payments⁠

No distribution history available.

WXAll WX payments⁠

No distribution history available.

UVXY vs WX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
UVXY 60.4%WX No data
Return per unit of riskSharpe ratio, 3 years
UVXY −1.36WX No data
Worst fallMax drawdown, 5 years
UVXY −99.7%WX No data
Market sensitivityBeta, 5 years
UVXY −3.28WX 2.76

UVXY and WX in the news

Popular comparisons

  • UVXYCvsQLDA

    ProShares Ultra VIX Short-Term Futures ETF · ProShares Ultra QQQ

    Expense ratio
    0.95% · 0.89%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
  • WXCvsQLDA

    Corgi All World 2x Daily ETF · ProShares Ultra QQQ

    Expense ratio
    0.20% · 0.89%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
  • UVXYCvsUYGA

    ProShares Ultra VIX Short-Term Futures ETF · ProShares Ultra Financials

    Expense ratio
    0.95% · 0.93%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
  • WXCvsUYGA

    Corgi All World 2x Daily ETF · ProShares Ultra Financials

    Expense ratio
    0.20% · 0.93%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
  • UVXYCvsROMA

    ProShares Ultra VIX Short-Term Futures ETF · ProShares Ultra Technology

    Expense ratio
    0.95% · 0.93%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
  • WXCvsROMA

    Corgi All World 2x Daily ETF · ProShares Ultra Technology

    Expense ratio
    0.20% · 0.93%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.