SVXY

ProShares Short VIX Short-Term Futures ETF

$48.83

+0.00%

Market closed. Last update: 11:56 AM ET

📎 Investment Objective

The ProShares Short VIX Short-Term Futures ETF (SVXY) seeks to provide inverse exposure to the performance of the S&P 500 VIX Short-Term Futures Index, which tracks the daily performance of short-term VIX futures contracts.

Overview

ETF tracking ProShares Short VIX Short-Term Futures ETF

Category Volatility

Issuer ProShares

Inception Date 2020-12-16

Market Cap $240.2M

Average Volume N/A

Dividend Yield N/A

52-Week Range $34.14 - $53.75

VWAP $48.65

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

SVXY uses swap agreements and other derivatives to provide short exposure to VIX futures, aiming to deliver the inverse of the index's daily performance. The fund does not invest directly in VIX futures or options.

✨ Key Features

Provides inverse exposure to short-term VIX futures, which can benefit from a decline in market volatility
Uses derivatives like swaps to achieve its inverse exposure, rather than holding VIX futures directly
Designed for short-term trading, not long-term buy-and-hold investing

⚠️ Primary Risks

Significant volatility and risk of loss, as the fund aims to provide the inverse daily performance of VIX futures
Potential for large losses if market volatility increases unexpectedly
Risks associated with the use of derivatives like swaps
Not suitable for long-term investors, as performance can deviate significantly from the underlying index over time

👤 Best For

SVXY is designed for experienced, sophisticated traders who seek to speculate on or hedge against short-term changes in market volatility. It is not suitable for long-term buy-and-hold investors or those with a low risk tolerance.