VIXM ETF — ProShares VIX Mid-Term Futures ETF

ProShares VIX Mid-Term Futures ETF (VIXM)

Updated October 16, 2026.

VIXM is an ETF. its expense ratio is 0.92%. Total return is -96.0% over the past 15.8 years, 787.9 points behind SPY at 691.9%.

ProShares VIX Mid-Term Futures ETF is an ETF that seeks to track the performance of mid-term VIX futures contracts by taking long positions in those instruments, while holding cash and short-term fixed-income securities as collateral. The fund does not currently distribute income to shareholders and carries an expense ratio of 0.92%. It appeals primarily to investors seeking exposure to volatility futures rather than traditional dividend income.

VIXM performance versus SPY

Price and return data through 2026-10-16.

Total return is -96.0% over the past 15.8 years, 787.9 points behind SPY at 691.9%. Over the past year its total return — price change plus distributions reinvested — is -23.2%. Its deepest 1-year drawdown was 28.2%.

VIXM key facts

Issuer

ProShares

Asset type

ETF

Asset class

Equity

Inception date

01/03/2011

Expense ratio

0.92%

Distribution frequency

None

Last close

$12.84 (as of 2026-10-16)

AUM

$50,864,632

Average volume

462953.0

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: ProShares; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

VIXM risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 28.2%.

Who may consider VIXM — and who may not

It is a weaker fit for investors who need monthly cash flow (VIXM does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on VIXM

• All tickers starting with V

Tagged: Futures, VIX.

Frequently asked questions

More securities from ProShares.