ProShares Ultra VIX Short-Term Futures ETF

$UVXY · ProShares · tracks S&P 500 VIX Short-Term Futures Index (1.5×) · since 2011

Dividend yield

0.00%

Expense ratio

0.95%

Assets

$0.5B

About UVXY

UVXY seeks 1.5× the daily return of the S&P 500 VIX Short-Term Futures Index. It is used to profit from spikes in equity volatility or to hedge a portfolio during market stress. The continuous roll cost of VIX futures causes severe long-term decay — UVXY loses value rapidly in calm markets and is strictly a short-term instrument.

How StockWorthy analyses UVXY

ETFs hold companies rather than generating cash flow themselves, so UVXY 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.