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SVIX

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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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About

SVIX.US, the ProShares Short VIX Short-Term Futures ETF, is an exchange-traded fund (ETF) designed to provide inverse exposure to short-term volatility as measured by the S&P 500 VIX Short-Term Futures Index. It aims to profit from periods of low or declining volatility by seeking to deliver the opposite of the daily performance of the index, before fees and expenses. However, due to the nature of VIX futures and the daily reset, SVIX is not intended for long-term holding and is subject to significant risks, including potential for substantial losses, especially in volatile markets where VIX futures experience sudden and large price increases.
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Factors

VIX Futures Prices: SVIX's primary goal is to provide inverse exposure to short-term VIX futures. Thus, changes in VIX futures prices directly impact SVIX's value.

Roll Yield: SVIX is affected by the "roll yield," which arises from continuously rolling VIX futures contracts. The roll yield can be positive or negative depending on the shape of the VIX futures curve.

Market Volatility: General market volatility can indirectly influence SVIX's price. Higher market volatility can lead to increased VIX and VIX futures prices, negatively impacting SVIX.

SVIX Supply and Demand: Like any ETF, SVIX's price is also affected by supply and demand. Increased demand may lead to premium over its net asset value (NAV).

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