Symbol Last Price % Chg
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UVXYPre 15.22 14.91 -10.21% -2.04%
How long can I hold UVXY?
UVXY is an ETF which is tracking the S&P 500 Short-Term VIX Futures Index on a 1.5x leveraged basis. This index is provided by S&P Global and it relatively straightforward: it holds a basket of first and second month VIX futures such that the average holding is 30-days into the future.
What does the UVXY indicate?
UVXY offers 1.5× daily long exposure to the S&P 500 VIX Short-Term Futures Index, an index designed to measure the performance of monthly Cboe Volatility Index (VIX) futures contracts with a weighted average of one month to expiration.
What kind of ETF is UVXY?
Net Assets 816.76M
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Yield 0.00%
YTD Daily Total Return 2.02%
Beta (5Y Monthly) -1.74
Expense Ratio (net) 1.65%
What is the difference between VIX and UVXY?
UVXY is a leveraged ETF which is targeting a return of 1.5x this index. In other words, to understand the performance of UVXY versus the VIX, you would need to multiply the above data points by 1.5. This means that on average, UVYX underperforms the VIX by about 45% every 6 months.Jan 7, 2021
What is UVXY and how does it work?
UVXY offers daily leveraged exposure to short-term VIX futures, designed to capture the volatility of the S&P 500, in a commodity pool wrapper. As a geared product with daily resets, UVXY is designed as a short-term trading tool and not a long-term investment vehicle.
Will UVXY go up?
Will ProShares Trust - ProShares Ultra VIX Short-Term Futures stock price grow / rise / go up? Yes. The UVXY stock price can go up from 13.570 USD to 789.378 USD in one year.
How long can you hold UVXY for?
30-days
Can I hold UVXY?
Put simply, holding UVXY is not the same as holding the VIX and the longer you hold the instrument, the greater the odds that you will see returns which depart from the VIX's returns. In the above chart, I have calculated the correlation between UVXY's underlying index and the VIX over a number of timeframes.Jan 7, 2021