2x Long VIX Futures ETF (UVIX) — Stock Correlations & Overview
Over the past year, UVIX has moved most closely with UVXY, VIXY, VXX. Explore the stocks most correlated and inversely correlated with UVIX below, along with its price, financials, and company profile.
Stocks correlated with UVIX
Correlation of daily returns. Higher positive values move with UVIX; negative values move opposite it. Informational only, not investment advice.
Most correlated with UVIX
| Symbol | Company | Correlation |
|---|---|---|
| UVXY | ProShares Ultra VIX Short-Term Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS | 1.00 |
| VIXY | ProShares VIX Short-Term Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS | 1.00 |
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | 1.00 |
| VIXM | ProShares VIX Mid-Term Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS | 0.90 |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | 0.90 |
Most inversely correlated with UVIX
| Symbol | Company | Correlation |
|---|---|---|
| SVXY | ProShares Short VIX Short-Term Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS | -0.99 |
| SVIX | -1x Short VIX Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS | -0.99 |
| VYLD | Inverse VIX Short-Term Futures ETNs due March 22, 2045NATIONAL COMMERCIAL BANKS | -0.98 |
| XTOC | Innovator U.S. Equity Accelerated Plus ETF - October | -0.86 |
| FAUG | FT Vest U.S. Equity Buffer ETF - August | -0.86 |
Frequently asked questions about UVIX correlations
- Which stocks are most correlated with UVIX?
- Based on one year of daily returns, the stocks most correlated with 2x Long VIX Futures ETF (UVIX) are UVXY (1.00), VIXY (1.00) and VXX (1.00). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with UVIX?
- Over the past year, the stocks most inversely correlated with 2x Long VIX Futures ETF (UVIX) are SVXY (-0.99), SVIX (-0.99) and VYLD (-0.98). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these UVIX correlations calculated?
- We compute the correlation of daily returns between UVIX and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.