ProShares Short VIX Short-Term Futures ETF

$SVXY · ProShares · tracks S&P 500 VIX Short-Term Futures Index (−0.5×) · since 2011

Dividend yield

0.00%

Expense ratio

0.95%

Assets

$0.4B

About SVXY

SVXY seeks −0.5× the daily return of the VIX futures index, effectively profiting from declining volatility. It benefits from the roll yield as VIX futures term structure is typically in contango. However, volatility spikes can cause sudden, severe losses — as demonstrated during the February 2018 'Volmageddon' event.

How StockWorthy analyses SVXY

ETFs hold companies rather than generating cash flow themselves, so SVXY is assessed on cost, income and the valuation of what it owns: the expense ratio, the current yield against its own long-run average, and a holdings-weighted P/E and growth rate built from the underlying positions. Figures are educational and not investment advice.