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UTVIX

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

Analysis and statistics

  • Open
    12.2945$
  • Previous Close
    12.2945$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

UTVIX.US refers to the ProShares Ultra Semiconductors ETF. This is a leveraged exchange-traded fund (ETF) that aims to provide two times (2x) the daily performance of the ICE Semiconductor Index. The fund invests primarily in equity securities of companies that are classified as semiconductors within the relevant index. It is designed for investors seeking to potentially amplify short-term gains or losses in the semiconductor industry and is not suitable for long-term holding periods due to the effects of compounding.
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Factors

Underlying Index Performance: UTVIX tracks an index of US volatility futures. Its price is heavily influenced by the performance of that index.

Volatility Market Sentiment: Investor fear and uncertainty drive up demand for volatility futures, raising UTVIX prices. Conversely, calm markets lower prices.

Roll Yield: Volatility futures contracts are often priced higher for later expiration dates, creating a cost when UTVIX rolls its positions to avoid expiration. This cost reduces returns.

Supply and Demand: Increased buying pressure on UTVIX shares will increase its price while selling pressure will decrease it.

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