VIXY
ProShares VIX Short-Term Futures ETFVIXY Fund Description
VIXY 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 it 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.
VIXY Charts And Performance
-
1 Month
-
3 Months
-
YTD
-
1 Year
-
3 Years
-
5 Years
-
Max
-
1 Month
-
3 Months
-
YTD
-
1 Year
-
3 Years
-
5 Years
-
Max
-
VIXY Summary Data
VIXY Portfolio Data
VIXY Index Data
VIXY Portfolio Management
VIXY Tax Exposures
VIXY Fund Structure
VIXY Factset Analytics Block Liquidity
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
VIXY Asset Allocation
Short
Long
Net
0.00%
0.00%
0.00%
0.00%
VIXY Top 5 Holdings Long
VIXY Top 5 Holdings Short
VIXY Performance Statistics
VIXY Correlations (Daily Returns 12 Mo)
The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional.
ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com.
[ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
Data provider:
Terms of Use