ProShares is continuing its push to cement its status as the leading provider of alternatives ETFs, announcing today the launch of two more products offering exposure to volatility-related strategies. Currently the only issuer to offer VIX futures ETFs, ProShares debuted products offering inverse and leveraged exposure to an index comprised of short-term VIX futures contracts. The new ETFs include: Ultra VIX Short-Term Futures ETF (UVXY): This ETF will offer 200% daily leveraged exposure to the S&P 500 VIX Short-Term Futures Index, a benchmark that consists of first and second month VIX futures contracts. Short VIX Short-Term Futures ETF (SVXY): This ETF offers daily inverse exposure to the same index, seeking to deliver daily returns that correspond to -100% of the S&P 500 VIX Short-Term Futures Index. The launch of UVXY and SVXY brings the total number of exchange-traded products in the Volatility ETFdb Category to 30. The vast majority of [...] Click here to read the original article on ETFdb.com. Related Posts: Volatility ETPs: Where Are The Critics Now? August ETF Stats: Keeping The Winning Streak Alive (Just Barely) Volatility ETFs: The Real Safe Haven? ETFs To Watch As Debt Ceiling Deadline Nears VZZ Bites The Dust: VIX Plunge Triggers Automatic Redemption