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HWVIX

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1d
1w
1m

Analysis and statistics

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About

HWVIX.US represents the ProShares Short VIX Short-Term Futures ETF. This exchange-traded fund (ETF) is designed to provide inverse exposure to the daily performance of the S&P 500 VIX Short-Term Futures Index. In other words, it aims to profit when the VIX, often referred to as the "fear gauge," declines, suggesting lower market volatility. However, it's crucial to understand that inverse VIX products like HWVIX.US are complex and can be extremely volatile, carrying significant risks, particularly over extended holding periods.
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Factors

VIX Futures Prices: HWVIX.US's price mirrors the level of short-term VIX futures, reflecting expectations for near-term volatility.

S&P 500 Volatility: As a volatility product, HWVIX.US rises when S&P 500 volatility expectations increase and falls as they decrease.

Market Sentiment: General fear and uncertainty in the market will tend to drive up the price of HWVIX.US, while complacency drives it down.

Supply and Demand: Like any ETF, supply and demand can influence HWVIX.US's price, creating temporary deviations from fair value.

Contango/Backwardation: The shape of the VIX futures curve influences HWVIX.US's returns, with contango typically causing price decay.

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