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VSVIX

$--
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1d
1w
1m

Analysis and statistics

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About

VSVIX.US tracks the VIX Short-Term Futures ETN. This financial product provides exposure to the implied volatility of the S&P 500 Index through VIX futures contracts. Specifically, it aims to reflect the returns that are potentially available through an investment in the first and second month VIX futures contracts. Investors should note that this ETN is designed for short-term trading and is not intended for long-term holding due to the effects of contango and backwardation in the futures market, which can significantly impact returns.
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Factors

VIX Futures Prices: VSVIX tracks short-term VIX futures, so changes in VIX futures prices directly affect its price. Higher VIX futures mean higher VSVIX.

VIX Index Level: The VIX index reflects market volatility expectations. As VIX rises (indicating higher volatility), VSVIX tends to increase.

Time Decay: VSVIX experiences time decay (theta) because VIX futures converge to the spot VIX price as expiration nears, eroding its value.

Supply and Demand: Market demand for VSVIX shares and the supply available influence its price, like any other ETF.

Interest Rates: Changes in interest rates can indirectly affect VSVIX through their impact on overall market sentiment and volatility expectations.

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