VIXY (ProShares VIX Short-Term Futures ETF)

VIXY Exposure and Basic Characteristics

VIXY is unleveraged long VIX ETF by ProShares. Its exposure is similar to other 1x long VIX ETFs/ETNs like VXX (iPath/Barclays) or VIIX (VelocityShares). It is designed to track the performance of S&P500 VIX Short-Term Futures Index (long positions in the two nearest expiration months of VIX futures with constant maturity of 1 month). These exchange traded products are popular ways to get exposure to the VIX (CBOE Volatility Index), which is not investable itself.

Direction: Long, unleveraged

Underlying index: S&P500 VIX Short-Term Futures Index ER

Exposure: Short end of the VIX futures curve (combination of the first and second VIX futures contract months – rolling to maintain constant 1 month maturity)

VIXY options: Available and moderately liquid

Product type: ETF (exchange traded fund)

Provider: ProShares

Inception date: 3 January 2011

Official Information and Links

ProShares VIX Short-Term Futures seeks investment results, before fees and expenses, that track the performance of the S&P 500 VIX Short-Term Futures Index. Source: Official website (see links below).

VIXY product page:

VIXY Quotes, Assets, and Trading Volume

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