VIX Volatility Index
CBOE Volatility Index (VIX).
15.74
Index
Min
9.14
Max
82.69
Average
19.65
10Y Percentile
40%
3M Change
-5.1%
3-Month
-5.1%
6-Month
-9.7%
12-Month
-12.5%
What this means
The VIX has fallen to 15.74, placing it in the lower‑40% range, indicating reduced market fear. The downward trend suggests investors are becoming more complacent.
When the VIX is this low, equities often perform well, boosting portfolio gains, but sudden spikes can quickly erode those gains.
Frequently Asked Questions
What is the VIX?
The VIX measures the market's expectation of 30-day volatility in the S&P 500, derived from options prices. Often called the 'fear gauge,' higher readings indicate greater expected market turbulence.
What VIX level is considered high?
Below 15 is considered low volatility (calm markets). Between 15-25 is normal. Above 25 indicates elevated fear. Above 35 signals extreme stress — levels seen during financial crises and market panics.
Should I sell when the VIX spikes?
Historically, VIX spikes have been poor sell signals — markets often recover quickly from volatility events. Elevated VIX readings have actually been associated with above-average forward returns over 6-12 month horizons.