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SGVIX

$--
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1d
1w
1m

Analysis and statistics

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About

SGVIX.US is the ticker symbol for 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. Essentially, it's designed to profit when volatility, as measured by VIX futures, is expected to decline. Due to the complexities of VIX futures and contango effects, SGVIX.US is generally considered a short-term trading tool and is not recommended for long-term holding. Its performance can be highly volatile and unpredictable.
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Factors

Volatility expectations: SGVIX tracks short-term implied volatility of the S&P 500. Higher expected volatility increases its price.

S&P 500 Index movements: SGVIX is inversely related to the S&P 500. A falling S&P 500 typically boosts volatility, raising SGVIX.

Interest rates: Rising interest rates can impact market sentiment and volatility, potentially affecting SGVIX's price, though less directly.

Economic news: Major economic data releases (e.g., inflation, unemployment) can trigger market volatility, influencing SGVIX.

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