SVIXVS TR -1X SHORT VIX FUTURES ETF
SVIX Fund Description
SVIX tracks an index that provides daily inverse exposure to a portfolio comprising first- and second-month VIX futures positions with a weighted average maturity of one month.
SVIX Factset Analytics Insight
SVIX offers daily inverse exposure to short-term VIX futures, designed to capture the implied volatility of the S&P 500, in a commodity pool wrapper. As a geared product, SVIX is designed as a short-term trading tool and not a long-term investment vehicle. Returns over holding periods greater than one day can be, and often are, significantly different from -1x. Like its peer products, SVIX does not deliver inverse returns on the VIX index itself, but on front- and second-month futures contracts that are rolled daily. Structured as a commodity pool, investors will get K-1 at tax time but avoid the counterparty risk of an exchange-traded note.
SVIX Summary Data
SVIX Portfolio Data
SVIX Index Data
SVIX Fund Structure
SVIX Tax Exposures
SVIX Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SVIX. SVIX is rated a 5 out of 5.