ProShares VIX Short-Term Futures ETF (VIXY)
Assets | $195.31M |
Expense Ratio | 0.85% |
PE Ratio | n/a |
Shares Out | 4.02M |
Dividend (ttm) | n/a |
Dividend Yield | n/a |
Ex-Dividend Date | n/a |
Payout Ratio | n/a |
1-Year Return | -28.26% |
Volume | 2,197,595 |
Open | 54.82 |
Previous Close | 55.31 |
Day's Range | 46.85 - 55.07 |
52-Week Low | 11.33 |
52-Week High | 90.08 |
Beta | -2.99 |
Holdings | 6 |
Inception Date | Jan 3, 2011 |
About VIXY
Fund Home PageThe ProShares VIX Short-Term Futures ETF (VIXY) is an exchange-traded fund that is based on the S&P 500 VIX Short-Term Futures index. The fund tracks an index with exposure to futures contracts on the CBOE Volatility Index with average one-month maturity. Exposure resets daily. VIXY was launched on Jan 3, 2011 and is issued by ProShares.
News
VIXY: Not A Portfolio Hedge, Just A Day Trading Tool
VIXY is not a suitable long-term portfolio hedging tool due to negative roll effect in VIX futures, down -85% in 3 years. VIXY is only profitable in rare events, up 9.9% for the year despite a 55% gai...
Why Chasing Volatility With a VIX ETF Is Trickier Than It Seems
U.S. investors looking for positive returns had few options on Monday. Stocks tumbled while Treasury bond prices pared early gains.
S&P 500 Peaks And VIX Valleys As Market Signals
The S&P 500 is moderately overvalued with a P/E ratio above its historic mean, but it reached a new all-time high. The CBOE Volatility Index (VIX) is below 13, indicating low volatility in the market....
VIXY: History Says Now Is The Time To Own Volatility
The US economy shows soft business conditions, lingering inflation, and concerning household debt. The S&P 500 continues to reach all-time highs while the volatility index remains low. Owning VIXY in ...
VIXY: Complacent Markets Warrant A Hedge
The Federal Reserve's pivot towards a 'soft landing' and potential rate cuts in 2024 has boosted asset prices and hurt hedges like VIXY. Downside risks are now higher as investors have become too comp...
VIXY: Like A Put Option, Without Using Options
Volatility is a constant presence in the markets, causing concern when high and uncertainty when low. The VIX, a measure of market volatility, cannot be directly invested in and has a high tracking er...
3 Charts For Investors to Watch Wednesday: SentinelOne, ExxonMobil, VIXY ETF
Here's our daily look at three charts linked to news-driven price moves on Tuesday, with key technical levels to monitor.
VIXY: May Be Useful As A Short-Term Hedge Against War
The escalating war between Israel and Hamas/Gaza could lead to a regional conflict involving powers like Iran and Syria. The ProShares VIX Short-Term Futures ETF can potentially hedge this risk and re...
VIX Options Volume On Pace To Exceed 2017 Record
VIX volatility index option volumes are averaging over 740k contracts a day so far this year, which if sustained, would make 2023 a record volume year. VIX 2M skew (25-delta call/put ratio) has increa...
VIXY Vs. VIXM: A Look At Which Is Better For A Bear Market
Volatility is near decade lows as markets have embraced the soft landing narrative. Investors can speculate on a rising VIX through VIXY and VIXM. We look at why they are performing so differently and...
VIXY: Time To Pounce On The VIX
The S&P 500 Index rallied after the US government suspended its $31.4 trillion debt ceiling, leading to market calm and a drop in the CBOE Volatility Index. The sustained rally in the S&P 500 is justi...
VIXY: Buy Insurance Before The House Catches Fire
Enough leading indicators strongly suggest that a recession is either here already or will arrive in the next few months. However, the stock market remains in "Hakuna Matata" mode, as the VIX sits ver...
VIXY: Huge Bets Have Been Placed On The VIX, But We Are Sticking To Our Entry Target
Recent transactions in the options market for the VIX are beginning to draw the attention of the financial media, and some traders are contemplating whether it is time to make a move. Given that the V...
VIXY And SVXY: Exploring Strategies To Profit From Fear
We discuss the mechanics behind the VIX and its historical behaviour, before exploring simple strategies to trade the VIXY and SVXY. The VIXY and SVXY are effective tools to trade the VIX only in the ...
Avoid VIXY Unless There Is Reasonable Expectation Of Catastrophic Risk
VIXY is definitely not a long term investment. Since its January 2011 inception, it has experienced an average, annual loss of 50% a year. VIXY has short term use if one believes they can either time ...
VIXY: Possible Short-Term Gain, Likely Long-Term Pain
2022 has been a volatile year. Owning some VIXY for the sake of protecting the portfolio against sizable losses could make sense. However, the fear index has consistently reverted to a mean over time....
VIXY: 2 Reasons To Buy, 1 Reason To Stay Clear
Owning the ProShares VIX Short-Term Futures ETF could be interesting in a year of market turmoil.
VIXY: Compelling Once Again
I am not necessarily predicting a selloff in equities in the foreseeable future, yet I believe that now is a good time to own some VIXY.