SVIX

VS TR -1X SHORT VIX FUTURES ETF
*Unless otherwise stated, data provided by FactSet.

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.

PERFORMANCE [as of 06/29/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SVIX -- -- -- -- -- -- --
SVIX (NAV) -5.58% -29.84% -- -- -- -- --
N/A -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SVIX Summary Data

03/28/22
Open-Ended Fund
1.47%
$51.66M
0.10%

SVIX Portfolio Data

--
N/A

SVIX Index Data

N/A
Single Asset
Single Asset
N/A

SVIX Fund Structure

No
--
-- / --
N/A
N/A
Low
-1
Daily

SVIX Tax Exposures

20.00% / 39.60%
--
No

SVIX Factset Analytics Block Liquidity

As of 06/30/22
5
4
3
2
1

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

SVIX Tradability

2,327,934
$24.25M
2,079,349
$20.49M
0.10%
$0.01
0.11%
1.12% / -5.13%
None
100.00%
10,000
207.93
--
--
6,839
$10.53
5