Key stats
About VS TR -1x Short VIX Futures ETF
Home page
Inception date
Mar 28, 2022
Structure
Commodities Pool
Replication method
Synthetic
Distribution tax treatment
No distributions
Income tax type
60/40
Max ST capital gains rate
27.84%
Max LT capital gains rate
27.84%
Primary advisor
Volatility Shares LLC
Distributor
Foreside Fund Services LLC
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 daily inverse 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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Mutual fund
Bonds, Cash & Other100.00%
Cash80.81%
Mutual fund19.05%
Rights & Warrants0.13%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SVIX assets under management is 323.27 M USD. It's fallen 42.45% over the last month.
SVIX fund flows account for 267.48 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, SVIX doesn't pay dividends to its holders.
SVIX shares are issued by Corpus Partners LLC under the brand Volatility Shares. The ETF was launched on Mar 28, 2022, and its management style is Passive.
SVIX expense ratio is 1.47% meaning you'd have to pay 1.47% of your investment to help manage the fund.
SVIX follows the Short VIX Futures Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SVIX invests in cash.
SVIX price has risen by 12.02% over the last month, and its yearly performance shows a −68.11% decrease. See more dynamics on SVIX price chart.
NAV returns, another gauge of an ETF dynamics, showed a −33.99% decrease in three-month performance and has decreased by −68.37% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −33.99% decrease in three-month performance and has decreased by −68.37% in a year.
SVIX trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.