What Is the Relationship Between S&P 500 Index and the ^VIX Index?

The Relationship Between S&P 500 Index and the ^VIX Index can be summarized as:

• The ^VIX attempts to measure the magnitude of price movements of the S&P 500 over the coming 30 days.
• The more dramatic the price swings are in the index, the higher the ^VIX values.
• The less dramatic the price swings are in the index, the lower the ^VIX values.

Compare:
   S&P 500
   SNP: ^GSPC
   2026-06-29: 7440.43017578 USD
with:
   CBOE Volatility Index
   Cboe Indices: ^VIX
   2026-06-29: 18.40999985 USD

                S&P 500        CBOE Volatility Ind
               ^GSPC  Growth%        ^VIX  Growth%
           ---------- -------   ---------- -------
2026-06-29   7,440.43  100.00        18.41  100.00
2026-06-26   7,354.02   98.84        18.41  100.00
2026-06-25   7,357.49   98.89        18.89  102.61
2026-06-24   7,358.22   98.90        18.63  101.19
2026-06-23   7,365.46   98.99        19.49  105.87
2026-06-22   7,472.79  100.43        17.28   93.86
2026-06-18   7,500.58  100.81        16.40   89.08
2026-06-17   7,420.10   99.73        18.44  100.16
2026-06-16   7,511.35  100.95        16.41   89.14
2026-06-15   7,554.29  101.53        16.20   88.00
2026-06-12   7,431.46   99.88        17.68   96.03
2026-06-11   7,394.30   99.38        19.44  105.59
2026-06-10   7,266.99   97.67        22.22  120.70
2026-06-09   7,386.65   99.28        19.87  107.93
2026-06-08   7,405.73   99.53        18.92  102.77
2026-06-05   7,383.74   99.24        21.51  116.84
2026-06-04   7,584.31  101.93        15.40   83.65
2026-06-03   7,553.68  101.52        16.06   87.24
2026-06-02   7,609.78  102.28        15.77   85.66
2026-06-01   7,599.96  102.14        16.05   87.18
2026-05-29   7,580.06  101.88        15.32   83.22
2026-04-29   7,135.95   95.91        18.81  102.17
2026-03-29   6,368.85   85.60        31.05  168.66
2026-03-01   6,878.88   92.45        19.86  107.88
2026-01-29   6,969.01   93.66        16.88   91.69
2025-12-29   6,905.74   92.81        14.20   77.13
2025-11-29   6,849.09   92.05        16.35   88.81
2025-10-29   6,890.59   92.61        16.92   91.91
2025-09-29   6,661.21   89.53        16.12   87.56
2025-08-29   6,460.26   86.83        15.36   83.43
2025-07-29   6,370.86   85.62        15.98   86.80
2025-06-29   6,173.07   82.97        16.32   88.65
2024-06-29   5,460.48   73.39        17.95   97.50
2023-06-29   4,396.44   59.09        17.95   97.50
2022-06-29   3,818.83   51.33        28.71  155.95
2021-06-29   4,291.80   57.68        15.83   85.99
2020-06-29   3,053.24   41.04        30.43  165.29
2019-06-29   2,941.76   39.54        15.08   81.91
2018-06-29   2,718.37   36.54        16.09   87.40
2017-06-29   2,419.70   32.52        11.18   60.73
2016-06-29   2,070.77   27.83        15.63   84.90
2015-06-29   2,057.64   27.65        18.23   99.02
2014-06-29   2,003.37   26.93        11.57   62.85
2013-06-29   1,632.97   21.95        16.86   91.58
2012-06-29   1,406.58   18.90        17.08   92.78
2011-06-29   1,218.89   16.38        16.52   89.73
2010-06-29   1,049.33   14.10        34.54  187.62
2009-06-29   1,020.62   13.72        26.35  143.13
2008-06-29   1,282.83   17.24        23.95  130.09
2007-06-29   1,473.99   19.81        16.23   88.16
2006-06-29   1,303.82   17.52        13.08   71.05
2005-06-29   1,220.33   16.40        12.04   65.40
2004-06-29   1,104.24   14.84        14.34   77.89
2003-06-29   1,008.01   13.55        19.52  106.03
2002-06-29     916.07   12.31        25.40  137.97
2001-06-29   1,133.58   15.24        19.06  103.53
2000-06-29   1,517.68   20.40        19.54  106.14
1999-06-29   1,320.41   17.75        21.09  114.56
1998-06-29     957.28   12.87        19.71  107.06
1997-06-29     899.47   12.09        21.53  116.95
1996-06-29     651.99    8.76        13.68   74.31
1995-06-29     561.88    7.55        11.38   61.81
1994-06-29     475.49    6.39        14.97   81.31
1993-06-29     463.56    6.23        11.26   61.16
1992-06-29     414.03    5.56        13.35   72.51
1991-06-29     395.43    5.31        19.55  106.19
1990-06-29     322.56    4.34        15.50   84.19
1989-06-29     351.45    4.72                     
1988-06-29     261.52    3.51                     
1987-06-29     329.80    4.43                     
1986-06-29     252.93    3.40                     
1985-06-29     188.63    2.54                     
1984-12-01     181.18    2.44                     

⇒ What Is Dow Jones Industrial Average

⇐ Cboe Indices: ^VIX - CBOE Volatility Index

⇑ US Market Indices

⇑⇑ Market Indices