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The best indicator for Short VIX (SVXY)

We backtested 366 indicators across daily, weekly and hourly charts on real Short VIX (SVXY) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.

Signaling LONG right now — FRAMA 30 Trend (Weekly) has been long for 7 bars, as of 2026-06-08.
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Trend · Weekly

FRAMA 30 Trend

On the weekly chart, this is the strongest risk-adjusted edge we found for Short VIX (SVXY) over ~14.7 years — beating buy-and-hold by 9.6% CAGR.

20.6%
CAGR
0.85
Sharpe
-38.0%
Max DD
62.9%
Win rate
3.17
Profit factor
+9.6%
vs Buy&Hold
Confluence · Daily

Best multi-indicator combo

DeMarkerWaddah Attar Explosion

Going long only when all 2 agree was the strongest confluence setup we found for Short VIX (SVXY) — trailing buy-and-hold by 3.9% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.

7.9%
CAGR
0.88
Sharpe
57.4%
Win rate
61
Trades
-3.9%
vs Buy&Hold
Best by timeframe

The winner on each chart

Weekly
FRAMA 30 Trend
+9.6% · Sharpe 0.85
Daily
True Strength Index
+8.9% · Sharpe 0.79
Full results

Every indicator, ranked

Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.

#IndicatorTFCAGRSharpeMax DDWinTradesvs B&H
1FRAMA 30 Trend Weekly20.6%0.85-38.0%62.9%629.6%
2True Strength Index Daily20.7%0.79-36.1%43.6%1408.9%
3Hull MA Trend Daily20.1%0.74-39.8%51.9%1838.3%
4Hull MA 10/40 Cross Daily19.3%0.74-38.3%50.0%1727.5%
5MACD Daily18.4%0.73-38.7%50.0%1426.7%
6MACD-V Daily17.9%0.72-37.5%49.3%1366.1%
7Schaff Trend Cycle Weekly4.5%0.72-8.8%64.7%17-6.4%
8Waddah Attar Explosion Weekly9.8%0.71-29.7%66.7%36-1.1%
9TEMA 20/50 Cross Daily16.1%0.69-40.2%50.6%834.4%
10Perfect Trend Line Weekly18.1%0.69-56.3%50.0%707.1%
11Cascade Z-Score Daily15.7%0.69-35.2%47.0%1173.9%
12Inverse Fisher RSI Daily17.9%0.67-38.0%45.1%1136.1%
13RSI (7) Weekly17.7%0.67-52.3%54.7%536.8%
14Predictive RangesWeekly17.6%0.67-44.1%52.2%236.7%

= held up out-of-sample. Hypothetical, costs included. See methodology.

What this means

For Short VIX (SVXY), FRAMA 30 Trend on the weekly timeframe gave the best balance of return and risk in our test. It beat buy-and-hold — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.

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