Both in Securities & Investments

-1x Short VIX Futures ETF vs Invesco Nasdaq Biotechnology ETF

Over the past year SVIX returned +17.6% and IBBQ returned +29.9%; their daily moves had a correlation of 0.47.

SVIX +17.6% IBBQ +29.9%Growth of $1, one year, split-adjusted
MetricSVIXIBBQ
Price$23.78$35.82
Market cap$124.4M$121.1M
Today−2.54%−2.32%
1 month−18.4%+5.6%
6 months+20.8%+20.4%
Year to date−1.9%+26.1%
1 year+16.9%+30.2%
Revenue growth (YoY)—+14.2%
Gross margin—100.0%
Net margin—15.7%
P/E (TTM)——
Price / sales—0.0×
Net cash—-$315.8M
Dividend yield—2.57%
Volatility (60d)90.4%25.9%
Short % of float——
Next earnings——

Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).