SVIX

-1x Short VIX Futures ETF

$19.16

+0.00%

Market closed. Last update: 11:58 AM ET

📎 Investment Objective

The SVIX ETF seeks to provide inverse exposure to the performance of the S&P 500 VIX Short-Term Futures Index, which tracks the implied volatility of the S&P 500 index as measured by VIX futures contracts.

Overview

ETF tracking -1x Short VIX Futures ETF

Category Innovation

Issuer Other

Inception Date 2022-03-30

Market Cap $158.5M

Average Volume N/A

Dividend Yield N/A

52-Week Range $10.50 - $30.00

VWAP $18.89

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund uses short positions in VIX futures contracts to aim for returns that are the inverse of the underlying index. This strategy is designed to benefit when volatility in the broader market, as measured by the VIX, decreases.

✨ Key Features

Inverse exposure to VIX futures, providing potential gains when market volatility declines
Utilizes short positions in VIX futures contracts to achieve its objective
Highly speculative and volatile nature due to the leveraged and inverse nature of the strategy
Very low assets under management and limited trading history

⚠️ Primary Risks

Significant volatility and risk of loss due to the inverse and leveraged nature of the fund's strategy
Potential for large tracking errors compared to the underlying index due to the complexities of the investment approach
Liquidity risks given the low assets under management and trading volume
Risks associated with the use of derivatives and short positions

👤 Best For

This ETF is intended for experienced, sophisticated investors with a high risk tolerance who are looking to speculate on and hedge against changes in market volatility. It is not suitable for most retail investors due to the complex and risky nature of the investment strategy.