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IRVIX

$--
--%
1d
1w
1m

Analysis and statistics

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  • 52 Week Change
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  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
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  • EPS
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  • Beta
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About

The IRVIX.US symbol represents the ProShares Short VIX Short-Term Futures ETF. This Exchange Traded Fund (ETF) aims to provide daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the S&P 500 VIX Short-Term Futures Index. In essence, it is designed to profit when volatility, as measured by the VIX futures, declines. Investors should be aware that due to the nature of leveraged and inverse ETFs, IRVIX.US is typically intended for short-term trading strategies and may not be suitable for long-term investment horizons, as its performance can significantly deviate from the underlying index over extended periods.
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Factors

VIX Index Level: IRVIX.US tracks the implied volatility of the S&P 500, so changes in the VIX directly influence its price.

Supply and Demand: As with any fund, increased demand for IRVIX.US will raise its price, while increased supply will lower it.

Roll Yield: IRVIX.US is based on VIX futures, which experience roll yield. Negative roll yield erodes value, decreasing the price.

Market Sentiment: General fear or optimism in the market affects demand for volatility products like IRVIX.US, impacting price.

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