New VIX ETFs Hit The Market
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
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.

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