This ETF offers exposure to medium-term VIX futures, giving investors a way to achieve exposure to an asset class that often exhibits a strong negative correlation with equities. It should be noted that VIXM does not offer exposure to the spot VIX; rather it replicates an index comprised of futures contracts, and as such will be impacted by factors beyond simply movements in the "fear index." Because VIXM consists of longer-dated futures contracts, it may feature diminished correlation to the spot VIX, but generally won't be subject to the significant contango-related return erosion experienced by short term products such as VXX, VIIX, or VIXY. Still, this product should not be a component of long-term buy-and-hold portfolios; it is designed for sophisticated investors with a short-term focus, and is nearly guaranteed to lose value over the long run. One structural note: VIXM is an ETF, whereas the products offering similar exposure (VXZ and VIIZ) are ETNs. ETFs aren't exposed to credit risk, but may experience tracking error. Also, there can be different tax treatments between the two; the nuances should be understood when determining which is best for your objectives.
|Day Lo||-||Day Hi||-|
This section compares how balanced and deep this ETF is relative to the peer group ETFdb.com Category.
This section shows how the P/E multiple of this ETF compares to the peer group ETFdb.com Category.
This section shows how the dividend yield of this ETF compares to the peer group ETFdb.com Category.
View charts featuring ETF fund flow data.5 Day Net Flows: 1.6 M 1 Month Net Flows: 1.44 M 3 Month Net Flows: 22.25 M 6 Month Net Flows: 31.74 M 1 Year Net Flows: 55.48 M 3 Year Net Flows: 75.88 M 5 Year Net Flows: 83.45 M 10 Year Net Flows: 179.33 M
The adjacent table gives investors an individual Realtime Rating for VIXM 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 ETFdb Pro members, shows the ETF in the 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 ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.
VIXM 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 peer group ETFdb.com Category.
This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.
Copyright © 2021 FactSet Research Systems Inc. All rights reserved.