VIXY

ProShares VIX Short-Term Futures ETF
CLOSING PRICECHANGE (%)VOLUME
$17.90+0.03 (0.17%)2.97M
4:00:00 p.m. (ET) 01/13/2017
BZX EXCHANGE CLOSED
LAST TRADECHANGE (%)
$17.84-0.06 (-0.34%)
4:15:00 p.m. (ET) 01/16/2017
BID SIZEBID ($)ASK ($)ASK SIZE
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Bats BZX Real-Time Quote

Overall Rating

B

47
as of 01/13/17

Rating Details

83
97
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 legal structure sets it apartavoids counterparty risk but requires tax reporting on K-1s from the other two short-term VIX ETPs. It is structured as a commodities pool, so it 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. Still, VIXY’s performance was indistinguishable from that of its peers. Two caveats apply: 1) volatility ETPs deliver poor long-term exposure to the VIX index; and 2) volatility ETPs erased vast sums of investor capital over the past 12 months. However, short-term VIX ETPs like VIXY generally make better tools for tactical exposure to the VIX than midterm products. (Short term means 1-month average term VIX futures.) They also did a better job than midterm ETPs at matching the VIX statistically over the past 12 months, but lost more money from contango in their futures positions.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

VIXY Summary Data

01/04/11
Commodities Pool
0.84%
$142.19 M
$51.29 M
0.05%

VIXY Portfolio Data

S&P 500 Short-Term
0%
03/22/17
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

0.84%
-0.77%
-0.10%
-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
16:15:0017.84200
16:14:5917.83200
16:14:1717.84200
16:14:0717.84200
16:14:0517.84200
16:14:0517.83200
16:11:0517.86400
16:11:0517.86200
15:59:5217.91200
15:59:5217.91200
Bats BZX Real-time Quote - 23:59:59
Average Spread
Premium/Discount
Volume

VIXY FactSet Analytics Block Liquidity

As of 01/13/17
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

2,305,914
$51.29 M
2,172,461
$47.05 M
0.05%
$0.01
0.18%
3.34% / -7.53%
None
100.00%
25,000
86.90
0.11%
0%
19,513
$17.87
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