SVXY does outperform SPY on a terminal basis, but if you're Trading Volatility you MUST prioritize drawdown reduction
If you can manage risk, Short Vol will change your fortunes
If you can't, it will wreck your life聽 馃槀
$SVXY is a 0.5x Short Vol ETF
$SVIX is a 1x Short Vol ETF
Even though SVXY is 1/2 leverage, it's actually outperformed SVIX since 2006
Why do you think that is?
This is what I mean when I talk about the "Volatility Regime Change" since Volpocalypse in 2018
Pre Volpocalypse Volatility: 38.70% average
Post Volpocalypse Volatility: 52.99% average