UVIX.....making lemonade every timeThis is an awesome opportunity with a great upside potentially. NVDA and SPX are dropping hard and so is BTC. This is a great recipe for the VIX to spike.
Key stats
About 2x Long VIX Futures ETF
Home page
Inception date
Mar 28, 2022
Structure
Commodities Pool
Replication method
Synthetic
Distribution tax treatment
No distributions
Income tax type
60/40
Max ST capital gains rate
27.84%
Max LT capital gains rate
27.84%
Primary advisor
Volatility Shares LLC
Distributor
Foreside Fund Services LLC
ISIN
US92891H6062
UVIX offers daily 2x leveraged exposure to short-term VIX futures, designed to capture the implied volatility of the S&P 500, in a commodity pool wrapper. As a geared product, UVIX is designed as a short-term trading tool and not a long-term investment vehicle. Returns over holding periods greater than one day can be, and often are, significantly different from 2x. Like its peer products, UVIX does not deliver leveraged returns on the VIX index itself, but on front- and second-month futures contracts that are rolled daily. Structured as a commodity pool, investors will get K-1 at tax time but avoid the counterparty risk of an exchange-traded note.
Related funds
Classification
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Picture perfect bull might be a bulletI'm the type of guy that likes to keep it simple, be patient, and let the chart come to me. I find it always gives the answers EVENTUALLY. In this case, have you ever seen anything scream liftoff as loudly? Here we have two bullish channels overlapping. After a failed breakout of the pink channel in
UVIX a lot more love to giveUVIX daily just crossed 50SMA. This is huge and a lot more upside esp. with all the f$ckery taking place. I have been warning on this for a few weeks now and made 20% today. Can easily go up to 30-40. Add SMA9 / Williams % range on 15mins. I have a few more premium, but that should help getting star
$UVIX and $UVXY and big moneyOn the daily chart CBOE:UVIX and CBOE:UVXY had the big money positions below our current trading price. That to me indicates a correction coming.
Do you have long term stops in place? Are you prepared for a slowdown in this bull market?
Potentially a nice upside to VIXHorrible jobs report and no clear sign that things will get better make it a great recipe for the VIX (UVIX) to spike. The glimmer of light from cutting interest rates likely won't make a dent in the economy. It's too little TOO LATE! A massive correction needs to happen and PE / CAPE ratios show th
Soon she will grow like a tree....UVIX (VIX proxy)Don't underestimate the VIX spike (UVIX is highly correlated), which has been sitting at a ONE YEAR low, which is extremely rare - only in times when a massive correction is about to happen! Frame this post bc historically VIX doesn't sit around 15 for too long (over 30 years). A major jump is unrav
interesting set-up UVIXNew alert of UVIX....recent spikes yesterday, area of consolidation and nicely set-up.
We'll see, but seems very compelling!
UVIX marching on (VIX proxy)Very nice spike this morning, that's typically a sign that there's more volatility in the works. Remember that we are at record lows on the VIX and that doesn't stay in this region for a long time. Add the Alpha VIX indicator to help you get an entry. The economy is brittle and staying focused on th
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
UVIX assets under management is 580.70 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
UVIX invests in cash. See more details in our Analysis section.
UVIX expense ratio is 2.19%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, UVIX is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, UVIX doesn't pay dividends to its holders.
UVIX shares are issued by Volatility Shares LLC
UVIX follows the Long VIX Futures Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 28, 2022.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.