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What is UVXY?

UVXY provides 1.5x leveraged exposure to an index comprising first- and second-month VIX futures positions with a weighted average maturity of one month.

PERFORMANCE [as of 03/23/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
UVXY 11.03% -18.70% -16.33% -60.82% -90.61% -77.57% -80.76%
UVXY (NAV) 0% -12.50% -12.50% -39.17% -82.51% -73.38% -82.13%
S&P 500 VIX Short-Term Futures Index 9.78% -9.83% -8.10% -39.10% -59.16% -41.48% -44.76%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

UVXY Factset Analytics Insight

UVXY offers daily leveraged exposure to short-term VIX futures, designed to capture the volatility of the S&P 500, in a commodity pool wrapper. As a geared product with daily resets, UVXY 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 1.5x. Like its peer products, UVXY does not deliver leveraged returns on the VIX index itself, but on front- and second-month futures contracts. As a commodity pool, investors will get K-1 at tax time but avoid the counterparty risk of an exchange-traded note. Prior to February 28, 2018, the fund provided 2x leveraged exposure.

UVXY Summary Data

ProShares
10/03/11
0.95%
$615.80M
S&P 500 VIX Short-Term Futures Index
N/A
Commodities Pool
Fund Home Page

Peers

N/A
UVIX, SPKY
Compare More ETFs

Fund Flows

+$0.14B 5 Days
-$0.09B 30 Days
+$0.13B 90 Days
More Fund Flows

UVXY Fund Structure

Yes
N/A
-- / --
N/A
N/A
Low
1.5
Daily

UVXY Tax Exposures

27.84% / 27.84%
--
Yes

UVXY Portfolio Data

0.00%
N/A

UVXY Index Data

S&P 500 VIX Short-Term Futures Index
Single Asset
Single Asset
N/A

Factset Analytics Block Liquidity

As of 03/24/23

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

UVXY Tradability

54,997,326
$301.70M
45,366,282
$231.03M
0.19%
$0.01
0.08%
0.74% / -1.08%
None
100.00%
50,000
907.33
0.02%
--
883,138
$5.75
5

Options Strategies for Outcome Investing

Options allow you to customize investment outcomes. Using the strategy builders provided by Cboe Vest Technologies, you can construct some of the most common option strategies. Check out our user guide for more information on how to use the tool.

  • Collar Strategy
    Protection Strategy
  • Covered Call Strategy
    Income Strategy

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.