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VIXY
ProShares VIX Short-Term Futures ETFETF · Themes
$16.94-0.88%
as of market close, Sep 21, 2026
☀ Pre $16.81 -0.77%
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ProShares VIX Short-Term Futures ETF drawdown: 100.0% below the all-time high

ProShares VIX Short-Term Futures ETF is 100.0% below its all-time high, set Oct 3, 2011 (as of market close, Sep 21, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.

Below all-time high
−100.0%
0.0% of ATH
All-time high
$975,600
Oct 3, 2011
Time below the high
15.0 yrs
since Oct 3, 2011
Worst-ever drawdown
−100.0%
Sep 21, 2026
Longest underwater
15.0 yrs
between all-time highs
Today's level first reached
Jan 4, 2011
15.7 yrs ago
Last time this deep
never before
no prior −100.0% episode

% of all-time high since 2011#

The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.

Basis
Range
All-time high = 100%20%40%60%80%
VIXY close · log20.002002,00020,000200,000
20122014201620182020202220242026

The deepest drawdowns on record#

Every decline of 15% or more from an all-time high (price basis), deepest first.

PeakTroughDepthPeak → troughRecovered byUnderwater
Oct 3, 2011Sep 21, 2026−100.0%15.0 yrsnot yet15.0 yrs+
Mar 16, 2011Jul 7, 2011−47.1%4 moAug 18, 20115 mo
Jan 4, 2011Feb 14, 2011−24.1%41 daysMar 16, 20112 mo

Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.

Drawdown vs what came next#

One dot per month since 2011: how far ProShares VIX Short-Term Futures ETF stood below its all-time high, and the total return over the following 1, 5 and 10 years.

1950–19992000–today

Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.

FAQ#

How far is ProShares VIX Short-Term Futures ETF from its all-time high?
ProShares VIX Short-Term Futures ETF is currently 100.0% below its all-time high, set Oct 3, 2011 (as of market close, Sep 21, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
What was the biggest ProShares VIX Short-Term Futures ETF drawdown ever?
The deepest decline on record in our data (since 2011) took ProShares VIX Short-Term Futures ETF 100.0% below its prior high, bottoming Sep 21, 2026. The table on this page lists every major episode with its peak, trough and recovery date.

Methodology & related#

Daily data since -1 from VIXY; no free deep history exists for ProShares VIX Short-Term Futures ETF — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.

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