Key stats
About VS TR 2x Long 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
UVIX offers daily 2x leveraged 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, UVIX 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 2x. Like its peer products, UVIX does not deliver leveraged 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
Bonds, Cash & Other100.00%
Cash96.59%
Mutual fund3.41%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
UVIX assets under management is 366.13 M USD. It's risen 112.38% over the last month.
UVIX fund flows account for 189.49 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, UVIX doesn't pay dividends to its holders.
UVIX 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.
UVIX expense ratio is 2.19% meaning you'd have to pay 2.19% of your investment to help manage the fund.
UVIX follows the Long VIX Futures Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
UVIX invests in cash.
UVIX price has fallen by −35.96% over the last month, and its yearly performance shows a −57.19% decrease. See more dynamics on UVIX price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −34.74% over the last month, showed a −7.95% decrease in three-month performance and has decreased by −56.94% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −34.74% over the last month, showed a −7.95% decrease in three-month performance and has decreased by −56.94% in a year.
UVIX trades at a premium (0.24%) meaning the ETF is trading at a higher price than the calculated NAV.