ProShares Introduces First Geared VIX Futures ETFs

Bethesda-based ProShares has launched a new group of Exchange Traded Funds (ETFs) that allow traders to take greater advantage of Volatility Index (VIX) fluctuations.

The world's largest manager of leveraged and inverse funds already has the only VIX futures ETFs in the nation which were launched in early 2011 but now it is expanding its line with the The ProShares Ultra VIX Short-Term Futures ETF (NYSE: UVXY) and the ProShares Short VIX Short-Term Futures ETF (NYSE: SVXY).

The two ETFs give amplified leveraged exposure to VIXs futures or the inverse of that. The ProShares Ultra VIX Short-Term Futures ETF will provide an intensity of two times the performance of the S&P 500 VIX Short-Term Futures Index, while the ProShares Short VIX Short-Term Futures ETF will enable -1 times the performance, both on a daily basis.

ProShares is part of the ProFunds Group.

ProShares

Ticker Symbol

Index/Benchmark

Daily Objective

New Volatility ETFs

Ultra VIX Short-Term Futures

UVXY

S&P 500 VIX Short-Term Futures

2x

Short VIX Short-Term Futures

SVXY

S&P 500 VIX Short-Term Futures

-1x

Existing Volatility ETFs

VIX Short-Term Futures

VIXY

S&P 500 VIX Short-Term Futures

1x

VIX Mid-Term Futures

VIXM

S&P 500 VIX Mid-Term Futures

1x

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