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AXVIX

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1d
1w
1m

Analysis and statistics

  • Open
    18.1694$
  • Previous Close
    18.1694$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

AXVIX.US represents the ProShares Short VIX Short-Term Futures ETF. This exchange-traded fund (ETF) is designed to provide inverse (opposite) exposure to the daily performance of the S&P 500 VIX Short-Term Futures Index. Essentially, AXVIX aims to profit from declines in the implied volatility of the S&P 500, as measured by the VIX index. It's a leveraged product, meaning it's designed to amplify returns (and losses) compared to the underlying index. Due to the nature of VIX futures and leverage, AXVIX is generally considered a short-term trading tool and is not appropriate for long-term holding.
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Factors

Market Volatility: AXVIX.US tracks short-term VIX futures, so its price is heavily influenced by implied volatility expectations in the S&P 500 index.

VIX Futures Curve: The shape of the VIX futures curve, especially the front months, impacts AXVIX.US due to its exposure to those contracts. Contango or backwardation affects returns.

Fund Flows: Significant inflows or outflows can influence AXVIX.US's price due to the need to purchase or sell underlying VIX futures contracts.

News Events: Major economic or geopolitical events that introduce uncertainty in the market can trigger spikes in VIX and consequently AXVIX.US.

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