ProShares Short VIX Short Term Futures ETFPP

ProShares Short VIX Short Term Futures ETF

38.83USDR
−1.30−3.24%
Last update at 21:00 GMT
38.85USD
+0.02+0.05%
No tradesPost-marketLast update at 21:05 GMT
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Key stats


Assets under management (AUM)
‪316.98 M‬USD
Fund flows (1Y)
‪167.70 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
−0.1%
Shares outstanding
‪7.92 M‬
Expense ratio
0.95%

About ProShares Short VIX Short Term Futures ETF


Issuer
ProShare Advisors LLC
Brand
ProShares
Home page
Inception date
Oct 3, 2011
Structure
Commodities Pool
Index tracked
S&P 500 VIX Short-Term Futures Index
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
No distributions
Income tax type
60/40
Max ST capital gains rate
27.84%
Max LT capital gains rate
27.84%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
SVXY offers daily -0.5x exposure to short-term VIX futures in a commodity pool wrapper. VIX futures allow investors to invest based on their view of the forward implied market volatility of the S&P 500. The fund offers inverse exposure to the S&P 500 VIX Short-Term Futures Index, which is the index tracked by the known volatility fund, VXX. Note that SVXY does not provide inverse exposure to the VIX index itself. Its a tactical tool designed for short-term exposure. Structured as a commodity pool, the fund avoids counterparty risk, but delivers K-1s at tax time. Prior to February 28, 2018, the fund provided -1.0x exposure.

Classification


Asset Class
Alternatives
Category
Tactical tools
Focus
Volatility
Niche
S&P 500 short-term
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Symbol
Assets
U
U.S. Dollar
100.00%
Top 10 weight100.00%
1 total holdings

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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SVXY trades at 38.83 USD today, its price has fallen −3.24% in the past 24 hours. Track more dynamics on SVXY price chart.
SVXY net asset value is 40.18 today — it's risen 15.71% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SVXY assets under management is ‪316.98 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SVXY price has risen by 6.06% over the last month, and its yearly performance shows a −35.82% decrease. See more dynamics on SVXY price chart.
NAV returns, another gauge of an ETF dynamics, showed a −23.31% decrease in three-month performance and has decreased by −33.24% in a year.
SVXY fund flows account for ‪167.70 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SVXY invests in cash. See more details in our Analysis section.
SVXY expense ratio is 0.95%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
SVXY is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SVXY technical analysis shows the sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SVXY shows the sell signal. See more of SVXY technicals for a more comprehensive analysis.
No, SVXY doesn't pay dividends to its holders.
SVXY trades at a premium (0.13%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SVXY shares are issued by ProShare Advisors LLC
SVXY follows the S&P 500 VIX Short-Term Futures Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 3, 2011.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.