ProShares Ultra VIX Short-Term Futures ETF UVXY
About this Fund
The index seeks to offer exposure to market volatility through publicly traded futures markets and is designed to measure the implied volatility of the S&P 500 over 30 days in the future.
Investment Strategy & Highlights
- Theme: Tracks Long Volatility (1.5x VIX).
- Category: Trading--Miscellaneous · managed by ProShares.
- Diversification: 1 top holdings reported; the top 10 positions account for 8.5% of the portfolio.
- Largest position: ProShares GENIUS Money Market ETF (IQMM) at 8.46%.
- Geographic exposure: United States (8.5%) .
- Cost: Expense ratio of 1.23% — high for this category.
- Track record: 3Y avg -66.46% · 5Y avg -68.34% per year.
- Trading: Listed on BTS, denominated in USD.
Curated from issuer disclosures, fund factsheets, and public market data. Figures are illustrative and not investment advice.
Key Facts
Performance Returns
Total price return over each window. 3Y/5Y use weekly close history; shorter windows use daily closes.
Risk & Volatility
Volatility = stdev of daily returns × √252. Sharpe-like = annualized mean / annualized vol (rf = 0%). Educational estimates from 1-year price history.
Technical Trend
Signal: Bearish (price < SMA50 < SMA200)
Computed from daily close history. SMA-50 above SMA-200 is the classic “golden cross” trend regime. RSI > 70 overbought · RSI < 30 oversold.
PROS
- Oversold short-term (RSI 22) — possible mean-reversion setup.
CONS
- High expense ratio (1.23%) — fees erode long-term returns.
- High volatility (~85% annualized) — significant drawdown risk.
- Large 1-year drawdown (-75.2%).
* The pros and cons are auto-generated from fund metrics.
Price Chart
Top Holdings (1)
| # | Symbol / CUSIP | Name | Weight % |
|---|---|---|---|
| 1 | IQMM | ProShares GENIUS Money Market ETF | +8.46% |
Top holdings as reported by the fund issuer; full list of constituents may not be available.
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