This ETF offers leveraged exposure to an index comprised of short-term VIX futures contracts, making it a very powerful tool for those looking to implement sophisticated strategies requiring exposure to the VIX. The VIX, also known as the “fear index,” is a widely followed indicator of equity market volatility. Because the VIX tends to spike when stock markets struggle, this asset class has become appealing to investors looking for negative correlations to stocks.
It is important to note that UVXY does not offer exposure to the spot VIX; although the underlying index is comprised of VIX futures, its performance can vary significantly from a hypothetical investment in the spot VIX< depending largely on the slope of the VIX futures curve. Moreover, investors should consider the type of leverage offered by UVXY; because leverage resets on a daily basis, the performance over multiple trading sessions will be impacted by the compounding of returns.
UVXY is a very powerful tool that is designed primarily for sophisticated investors; those without a firm understanding of futures markets and the VIX are advised to stay away, and this product certainly doesn’t belong in a long-term, buy-and-hold portfolio. But for those with very specific investment objectives, UVXY has the potential to deliver huge gains over a relatively short period of time.
Investors seeking non-leveraged exposure to VIX futures have a number of choices in the Volatility ETFdb Category, while TVIX offers generally similar exposure within the ETN wrapper.
| Segment | Leveraged Alternatives:Volatility S&P 500 Short-Term |
| Category | Tactical Tools |
| Focus | Volatility |
| Niche | S&P 500 Short-Term |
| Strategy | Vanilla |
| Weighting Scheme | Single Asset |
This section compares how balanced and deep this ETF is relative to its peers.
| UVXY | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 1 | 1 | 1 |
| % of Assets in Top 10 | 100.00% | 100.00% | 100.00% |
| % of Assets in Top 15 | 100.00% | 100.00% | 100.00% |
| % of Assets in Top 50 | 100.00% | 100.00% | 100.00% |
| UVXY | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | N/A | N/A | N/A |
| Mid (>2.7B) | N/A | N/A | N/A |
| Small (>600M) | N/A | N/A | N/A |
| Micro (<600M) | N/A | N/A | N/A |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| UVXY | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | N/A | N/A | N/A |
| Dividend Date | N/A | N/A | N/A |
| Annual Dividend Rate | N/A | N/A | N/A |
| Annual Dividend Yield | N/A | N/A | N/A |
View charts featuring UVXY price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: -29.08 M 1 Month Net Flows: 33.67 M 3 Month Net Flows: 240.32 M 6 Month Net Flows: 329.33 M 1 Year Net Flows: 805.76 M 3 Year Net Flows: 4.22 B 5 Year Net Flows: 4.41 B 10 Year Net Flows: 8.59 BView charts that break down the influence that fund flows and price had on overall assets.
5 Day Net AUM Change: -33.62 MThe adjacent table gives investors an individual Realtime Rating for UVXY on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Leveraged Volatility with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.
This section compares the cost efficiency of this ETF to its peers.
| Max ST Capital Gains Rate | 27.84% |
| Max LT Capital Gains Rate | 27.84% |
| Tax On Distributions | No distributions |
| Distributes K1 | Yes |
UVXY does not have an ESG score. There are no ESG themes that map to this ETF.
This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.
| UVXY |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | -14.33% | -17.35% | -15.98% |
| 3 Month Return | -40.95% | -47.43% | -44.56% |
| YTD Return | -55.54% | -62.65% | -59.95% |
| 1 Year Return | -77.96% | -83.61% | -55.74% |
| 3 Year Return | -79.12% | -39.56% | -26.37% |
| 5 Year Return | -65.34% | -32.67% | -21.78% |
The following charts reflect the geographic spread of UVXY's underlying holdings.
The following charts reflect the allocation of UVXY's underlying holdings.
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 239.16% |
| 20 Day Volatility | 74.30% |
| 50 Day Volatility | 73.65% |
| 200 Day Volatility | 87.12% |
| Beta | -4.76 |
| Standard Deviation | 3.62% |
ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.
Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.
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