Stats › Tradeable patterns › Volatility ETP roll

Rolling front month VIX cost 38.89% a year over ten years

Short term 5 years: -53.55%-53.55%Short term5 yearsShort term 10 years: -38.89%-38.89%Short term10 yearsShort term since 2011: -45.27%-45.27%Short termsince 2011Mid term 5 years: -13.08%-13.08%Mid term5 yearsMid term 10 years: -9.72%-9.72%Mid term10 yearsMid term since 2011: -12.44%-12.44%Mid termsince 2011

Source: ProShares fact sheets for VIXY and VIXM as of 30 Jun 2026, which publish the benchmark index returns alongside the fund returns. Both are total return versions, so Treasury bill interest is already credited and the pure futures return is worse than shown.

An index of VIX futures moves a fixed fraction of its position from the front month to the second every business day. Over the ten years to June 2026 that cost 38.89 per cent a year. Five months out along the curve it cost 9.72.

-38.89%Short term index, 10 years
-9.72%Mid term index, 10 years
76.50%Days with a roll cost
0.18%Average daily roll cost

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