VIX futures ETFs in the fear layer

Futures on the VIX, the market's expected volatility. Driven by expected volatility, and the cost of rolling futures.

2ETFs in this category

$253mmoney in them

0.2%of the fear layer’s money

VIXYlargest unleveraged ETF, 82.2%

How they did, to Nov 2, 2026

	1 month	YTD	12 months
Category median	+6.5%	−20.6%	−31.2%
Its story	−1.3%	+7.7%	+9.0%
Broad US ETFs	−2.5%	+11.5%	+11.8%

1 month

YTD

12 months

Category median

+6.5%

−20.6%

−31.2%

Its story

−1.3%

+7.7%

+9.0%

Broad US ETFs

−2.5%

+11.5%

+11.8%

Every ETF here, largest first

#	ETF	Name	Assets	Share	12 months	Fee
1	VIXY	ProShares VIX Short-Term Futures ETF	$208m	82.2%	−44.2%	0.96%
2	VIXM	ProShares VIX Mid-Term Futures ETF	$45m	17.8%	−18.3%	0.92%

Other categories in the fear layer

Managed futures 13 ETFs Hedges and tail protection 18 ETFs Buffered and defined-outcome 475 ETFs Leveraged and inverse 5 ETFs Auto-callable ETFs 37 ETFs Everything else 33 ETFs

Common questions

Which ETFs are VIX futures ETFs?2 US ETFs sit in this category of the fear layer. Futures on the VIX, the market's expected volatility. Driven by expected volatility, and the cost of rolling futures.

What is the largest VIX futures ETF?VIXY, ProShares VIX Short-Term Futures ETF, with $208m, 82.2% of the category's money.

How have VIX futures ETFs performed?The median unleveraged ETF here returned -31.2% over the last 12 months to Nov 2, 2026, against +11.8% for broad US ETFs. Past performance, not a forecast.