2x Long Vix Etf Profile

UVIX Etf  USD 5.62  0.02  0.36%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Less than 10

 
High
 
Low
Low
2x Long is trading at 5.62 as of the 14th of June 2024; that is 0.36 percent up since the beginning of the trading day. The etf's open price was 5.6. 2x Long has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for 2x Long VIX are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of May 2024 and ending today, the 14th of June 2024. Click here to learn more.
The index measures the daily performance of a portfolio of long positions in first and second month VIX futures contracts. VS TR is traded on BATS Exchange in the United States. More on 2x Long VIX

Moving together with UVIX Etf

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Moving against UVIX Etf

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UVIX Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationAbsolute Returns ETFs, Volatility ETFs, Trading--Leveraged Equity, VS TRUST (View all Sectors)
IssuerVolatility Shares
Inception Date2022-03-30
BenchmarkLong VIX Futures Index
Entity TypePartnership
Asset Under Management72.33 Million
Asset TypeMulti Asset
CategoryAbsolute Returns
FocusVolatility
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorTidal ETF Services LLC
AdvisorVolatility Shares LLC
CustodianU.S. Bank, N.A.
DistributorForeside Fund Service, LLC
Transfer AgentU.S. Bancorp Fund Services LLC
TrusteeWilmington Trust Company
Fiscal Year End31-Dec
ExchangeCboe BZX Exchange, Inc.
Number of Constituents3.0
Market MakerFlow Traders
Total Expense2.78
Management Fee1.65
Country NameUSA
Returns Y T D(59.21)
Name2x Long VIX Futures ETF
Currency CodeUSD
Open FigiBBG014HVGDK5
1y Volatility63.85
200 Day M A17.1415
50 Day M A7.9889
CodeUVIX
Updated At14th of June 2024
Currency NameUS Dollar
TypeETF
2x Long VIX [UVIX] is traded in USA and was established 2022-03-28. The fund is listed under Trading--Leveraged Equity category and is part of VS TRUST family. The entity is thematically classified as Absolute Returns ETFs. 2x Long VIX at this time have 93.79 M in net assets. , while the total return for the last year was -90.4%.
Check 2x Long Probability Of Bankruptcy

Top 2x Long VIX Etf Constituents

FGXXXFirst American FundsMoney Market FundUS Money Market Fund
More Details

2x Long VIX Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. 2x Long market risk premium is the additional return an investor will receive from holding 2x Long long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in 2x Long. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although 2x Long's alpha and beta are two of the key measurements used to evaluate 2x Long's performance over the market, the standard measures of volatility play an important role as well.

2x Long Against Markets

Additional Information and Resources on Investing in UVIX Etf

When determining whether 2x Long VIX offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of 2x Long's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of 2x Long Vix Etf. Outlined below are crucial reports that will aid in making a well-informed decision on 2x Long Vix Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 2x Long VIX. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
The market value of 2x Long VIX is measured differently than its book value, which is the value of UVIX that is recorded on the company's balance sheet. Investors also form their own opinion of 2x Long's value that differs from its market value or its book value, called intrinsic value, which is 2x Long's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 2x Long's market value can be influenced by many factors that don't directly affect 2x Long's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 2x Long's value and its price as these two are different measures arrived at by different means. Investors typically determine if 2x Long is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 2x Long's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.