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SEVIX

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

Analysis and statistics

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  • Dividend Per Share
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About

SEVIX.US represents the ProShares Short VIX Short-Term Futures ETF. This exchange-traded fund (ETF) is designed to provide inverse exposure to the VIX, or Volatility Index, which is a popular measure of market expectations of near-term volatility conveyed by S&P 500 stock index option prices. Specifically, SEVIX seeks 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. Investing in SEVIX involves significant risks, including the risk of substantial losses, and is generally considered suitable only for sophisticated investors with a high risk tolerance. It is not intended as a long-term investment.
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Factors

VIX Index Movements: SEVIX.US is designed to track, with leverage, the VIX index, so VIX changes have a direct impact.

Leverage Ratio: SEVIX.US employs leverage, typically 2x, magnifying the VIX index’s price fluctuations, both up and down.

Time Decay: Due to its structure, SEVIX.US experiences time decay, losing value over time even if VIX remains stable.

Contango/Backwardation: The VIX futures curve's shape (contango or backwardation) significantly influences SEVIX.US performance.

Trading Costs: Management fees, brokerage commissions, and other trading costs reduce the fund's overall returns.

Supply and Demand: Market supply and demand for SEVIX.US shares also play a role, though secondary to VIX movements.

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