UVIX
2x Long VIX Futures ETF·CBOE
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Key Stats
Assets Under Management
324.92MUSD
Fund Flows (1Y)
823.50MUSD
Dividend Yield
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Discount/Premium to NAV
0.04%
Shares Outstanding
57.44M
Expense Ratio
2.19%
About 2x Long VIX Futures ETF
Issuer
Volatility Shares LLC
Brand
Volatility Shares
Inception Date
Mar 28, 2022
Structure
Commodities Pool
Index Tracked
Long VIX Futures Index
Management Style
Passive
Dividend Treatment
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Distribution Tax Treatment
No distributions
Income Tax Type
60/40
Max ST Capital Gains Rate
27.84%
Max LT Capital Gains Rate
27.84%
Primary Advisor
Volatility Shares LLC
Distributor
Foreside Fund Services LLC
UVIX offers daily 2x leveraged exposure to short-term VIX futures, designed to capture the implied volatility of the S&P 500, in a commodity pool wrapper. As a geared product, UVIX is designed as a short-term trading tool and not a long-term investment vehicle. Returns over holding periods greater than one day can be, and often are, significantly different from 2x. Like its peer products, UVIX does not deliver leveraged returns on the VIX index itself, but on front- and second-month futures contracts that are rolled daily. Structured as a commodity pool, investors will get K-1 at tax time but avoid the counterparty risk of an exchange-traded note.
Classification
Asset Class
Alternatives
Category
Tactical Tools
Focus
Volatility
Niche
S&P 500 Short-Term
Strategy
Vanilla
Geography
Global
Weighting Scheme
Single Asset
Selection Criteria
Single asset
Analysis
Asset
No data available
Holdings
No data available
Related Funds
Seasonals
Volume Profile
Trade Flow Insight
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