VIXY

ProShares VIX Short-Term Futures ETF
CLOSING PRICECHANGE (%)VOLUME
$11.22-0.18 (-1.58%)1.40M
4:00:00 p.m. (ET) 05/26/2017
BZX EXCHANGE CLOSED
LAST TRADECHANGE (%)
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BID SIZEBID ($)ASK ($)ASK SIZE
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Overall Rating

B

47
as of 05/26/17

Rating Details

81
95
47
Segment Average
  • Overview
  • Efficiency
  • Tradability
  • Fit

VIXY Fund Description

The ProShares VIX Short-Term Futures ETF tracks an index with exposure to futures contracts on the CBOE Volatility Index with average 1-month maturity. Exposure resets daily.

VIXY FactSet Analytics Insight

VIXY's commodities pool structure sets ithigher correlations with and higher beta to the VIX than midterm ETPs apart from the other two short-term VIX ETPs, which cover the volatility space as ETNs. As such, VIXY avoids the counterparty risk and the lack of tangible assets associated with ETNs, but requires annual marked-to-market tax reporting on K-1's. Our Fit score compares the 12-month performance of volatility ETPs to the VIX itself, not to futures on the VIX, and no VIX-tracking ETP comes close to measuring up. However, if you're trying to bet tactically on VIX movements, short-term ETPs like VIXY are about as good as it gets, with higher correlations with and higher beta to the VIX than midterm ETPs. Longer-term investors should be aware that they stand to lose significant sums of money via positional decay due to persistent contango in VIX futures contracts. The fund trades well, with thin spreads, and block-trading costs should be low for larger investors. VIXY charges a reasonable expense ratio for a fairly specialized product, but investors do need to bear in mind that the fund distributes K-1s annually.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
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Select ETFs to compare their performance:

VIXY Summary Data

01/04/11
Commodities Pool
0.87%
$143.93 M
$30.91 M
0.08%

VIXY Portfolio Data

S&P 500 Short-Term
0%
06/21/17
3

VIXY Index Data

Single Asset
Single Asset
CBOE Volatility Index
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

VIXY Portfolio Management

0.87%
-0.26%
-0.02%
-1.44%

VIXY Tax Exposures

27.84% / 27.84%
--
No distributions
Yes

VIXY Fund Structure

Commodities Pool
Yes
N/A
0% / 100%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
ASKS----
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BIDS----
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LAST 10 TRADES
TIMEPRICESHARES
16:12:3211.231,200
15:59:5811.2260
15:59:5811.22100
15:59:5611.23100
15:59:5611.23100
15:59:5611.23185
15:59:5311.2315
15:59:5311.2385
15:59:5011.2315
15:59:5011.23100
Bats BZX Real-time Quote - 23:59:59
Average Spread
Premium/Discount
Volume

VIXY FactSet Analytics Block Liquidity

As of 05/26/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of VIXY. VIXY is rated a 5 out of 5.

VIXY Tradability

2,372,317
$30.91 M
1,973,491
$25.77 M
0.08%
$0.01
0.04%
3.34% / -7.53%
None
100.00%
25,000
78.94
0.18%
0%
20,726
$11.40
5

Term Structure VIX Futures As of 12/31/1969

VIXY Performance Statistics

0.80
0.47
--
0.49
0.46
4.65%

Rolling 30-day Correlation to VIX Index