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TQVIX

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1d
1w
1m

Analysis and statistics

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About

TQVIX.US refers to the ProShares Short VIX Short-Term Futures ETF. This exchange-traded fund (ETF) aims to deliver 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 the VIX index, declines in the short term.
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Factors

VIX Futures: TQVIX is a leveraged ETF tracking VIX futures. Changes in VIX futures contracts directly impact its price.

Leverage: Being a 3x leveraged ETF, TQVIX amplifies daily movements of VIX futures, increasing both gains and losses.

Volatility Expectations: Market sentiment and anticipation of future volatility, reflected in VIX futures, drive TQVIX's price.

Market Events: Unexpected economic announcements, geopolitical events, or significant news can trigger volatility spikes, affecting TQVIX.

Time Decay: VIX futures, and thus TQVIX, experience time decay as they approach expiration, impacting its value over time.

Supply and Demand: The buying and selling pressure for TQVIX shares can cause price fluctuations, particularly during volatile periods.

Roll Costs: TQVIX must roll its VIX futures contracts regularly, which can incur costs and affect its performance.

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