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About ProShares Trust VIX Mid-Term Futures ETF
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Inception date
Jan 3, 2011
Structure
Commodities Pool
Dividend treatment
Distributes
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
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
VIXM provides generic midterm VIX futures exposure in an ETF rather than an ETN. VIX futures allow investors to invest based on their view of the forward implied market volatility of the S&P 500. VIXM and other midterm ETPs provides exposure to VIX futures with average 5-month maturity. As a volatility ETP investor, it is important to note these two caveats: 1) Volatility ETPs deliver poor long-term exposure to the VIX index, and 2) Volatility ETPs have a history of erasing vast sums of investor capital over holdings periods. Investors should be aware of their expected position decay due to persistent contango in VIX futures, historically. As an ETF, the fund is structured as a commodity pool and thus avoids counterparty risk, but delivers K-1s at tax time.
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%
Cash100.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
VIXM assets under management is 20.64 M USD. It's fallen 16.09% over the last month.
VIXM fund flows account for −90.83 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, VIXM doesn't pay dividends to its holders.
VIXM shares are issued by ProShare Advisors LLC under the brand ProShares. The ETF was launched on Jan 3, 2011, and its management style is Passive.
VIXM expense ratio is 0.85% meaning you'd have to pay 0.85% of your investment to help manage the fund.
VIXM follows the S&P 500 VIX Mid-Term Futures Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
VIXM invests in cash.
VIXM price has fallen by −11.26% over the last month, and its yearly performance shows a 24.60% increase. See more dynamics on VIXM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −12.90% over the last month, have fallen by −12.90% over the last month, showed a 15.61% increase in three-month performance and has increased by 22.05% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −12.90% over the last month, have fallen by −12.90% over the last month, showed a 15.61% increase in three-month performance and has increased by 22.05% in a year.
VIXM trades at a premium (0.18%) meaning the ETF is trading at a higher price than the calculated NAV.