Key stats
About ProShares Trust VIX Short-Term Futures ETF
Expense ratio
0.85%
Home page
Inception date
Jan 3, 2011
VIXY offers exposure to short-term VIX futures in a commodity pool structure, which sets it apart from the other 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. 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. Longer-term investors should be aware of their expected position decay due to due to persistent contango in VIX futures, historically.
Classification
What's in the fund
Exposure type
Miscellaneous
Cash
Bonds, Cash & Other100.00%
Miscellaneous50.01%
Cash49.99%
Displays a symbol's price movements over previous years to identify recurring trends.