They are all equity volatility gauges, but they watch different parts of the market.
Published January 12, 2026Updated January 12, 2026StressSignal editors
1. Bottom line
VIX watches broad large-cap equity risk, VXN is more tech/growth sensitive, and RVX is more small-cap sensitive.
2. How to read them
- VXN leads: tech may be the pressure point.
- RVX leads: small caps and risk appetite matter.
- All rise: equity risk is spreading.
VIX alone vs cross-checking
| Indicator | VIX alone | Cross-check |
|---|---|---|
| VIX | Rising | Rising |
| RVX | Unclear | Rising too |
| STLFSI4 | Not confirmed | Rising |
| NFCI | Loose or stable | Tightening |
Disclaimer: this page is for market observation only, not investment advice. Risk note: indicators help you observe market conditions. They are not trading advice. Always add context, events, and position risk.