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
   2026-06-18: 7420.10009766 USD
with:
   CBOE Volatility Index
   Cboe Indices: ^VIX
   2026-06-18: 16.39999962 USD

                S&P 500        CBOE Volatility Ind
               ^GSPC  Growth%        ^VIX  Growth%
           ---------- -------   ---------- -------
2026-06-18   7,420.10  100.00        16.40  100.00
2026-06-17   7,420.10  100.00        18.44  112.44
2026-06-16   7,511.35  101.23        16.41  100.06
2026-06-15   7,554.29  101.81        16.20   98.78
2026-06-12   7,431.46  100.15        17.68  107.80
2026-06-11   7,394.30   99.65        19.44  118.54
2026-06-10   7,266.99   97.94        22.22  135.49
2026-06-09   7,386.65   99.55        19.87  121.16
2026-06-08   7,405.73   99.81        18.92  115.37
2026-06-05   7,383.74   99.51        21.51  131.16
2026-06-04   7,584.31  102.21        15.40   93.90
2026-06-03   7,553.68  101.80        16.06   97.93
2026-06-02   7,609.78  102.56        15.77   96.16
2026-06-01   7,599.96  102.42        16.05   97.87
2026-05-29   7,580.06  102.16        15.32   93.41
2026-05-28   7,563.63  101.93        15.74   95.98
2026-05-27   7,520.36  101.35        16.29   99.33
2026-05-26   7,519.12  101.33        17.01  103.72
2026-05-25   7,473.47  100.72        16.59  101.16
2026-05-22   7,473.47  100.72        16.70  101.83
2026-05-21   7,445.72  100.35        16.76  102.20
2026-05-18   7,403.05   99.77        17.82  108.66
2026-04-18   7,126.06   96.04        17.48  106.59
2026-03-18   6,624.70   89.28        25.09  152.99
2026-02-18   6,881.31   92.74        19.62  119.63
2026-01-18   6,940.01   93.53        15.86   96.71
2025-12-18   6,774.76   91.30        16.87  102.87
2025-11-18   6,617.32   89.18        24.69  150.55
2025-10-18   6,664.01   89.81        20.78  126.71
2025-09-18   6,631.96   89.38        15.70   95.73
2025-08-18   6,449.15   86.91        14.99   91.40
2025-07-18   6,296.79   84.86        16.41  100.06
2025-06-18   5,980.87   80.60        20.14  122.80
2024-06-18   5,487.03   73.95        17.95  109.45
2023-06-18   4,409.59   59.43        17.95  109.45
2022-06-18   3,674.84   49.53        28.71  175.06
2021-06-18   4,166.45   56.15        15.83   96.52
2020-06-18   3,115.34   41.99        30.43  185.55
2019-06-18   2,917.75   39.32        15.08   91.95
2018-06-18   2,773.75   37.38        16.09   98.11
2017-06-18   2,433.15   32.79        11.18   68.17
2016-06-18   2,071.22   27.91        15.63   95.30
2015-06-18   2,121.24   28.59        18.23  111.16
2014-06-18   2,003.37   27.00        11.57   70.55
2013-06-18   1,632.97   22.01        16.86  102.80
2012-06-18   1,406.58   18.96        17.08  104.15
2011-06-18   1,218.89   16.43        16.52  100.73
2010-06-18   1,049.33   14.14        34.54  210.61
2009-06-18   1,020.62   13.75        26.35  160.67
2008-06-18   1,282.83   17.29        23.95  146.04
2007-06-18   1,473.99   19.86        16.23   98.96
2006-06-18   1,303.82   17.57        13.08   79.76
2005-06-18   1,220.33   16.45        12.04   73.41
2004-06-18   1,104.24   14.88        14.34   87.44
2003-06-18   1,008.01   13.58        19.52  119.02
2002-06-18     916.07   12.35        25.40  154.88
2001-06-18   1,133.58   15.28        19.06  116.22
2000-06-18   1,517.68   20.45        19.54  119.15
1999-06-18   1,320.41   17.80        21.09  128.60
1998-06-18     957.28   12.90        19.71  120.18
1997-06-18     899.47   12.12        21.53  131.28
1996-06-18     651.99    8.79        13.68   83.41
1995-06-18     561.88    7.57        11.38   69.39
1994-06-18     475.49    6.41        14.97   91.28
1993-06-18     463.56    6.25        11.26   68.66
1992-06-18     414.03    5.58        13.35   81.40
1991-06-18     395.43    5.33        19.55  119.21
1990-06-18     322.56    4.35        15.50   94.51
1989-06-18     351.45    4.74                     
1988-06-18     261.52    3.52                     
1987-06-18     329.80    4.44                     
1986-06-18     252.93    3.41                     
1985-06-18     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