ProShares VIX Short-Term Futures ETF
VIXY

$13.85

7.12%

Market Cap: $161M

Financials Commodity Contracts Brokers & Dealers

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

50% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 6

45% more call options, than puts

Call options by funds: $5.52M | Put options by funds: $3.82M

3.02% less ownership

Funds ownership: 17.52% [Q1] → 14.5% (-3.02%) [Q2]

8% less funds holding

Funds holding: 39 [Q1] → 36 (-3) [Q2]

18% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 17

22% less capital invested

Capital invested by funds: $27.6M [Q1] → $21.5M (-$6.1M) [Q2]

67% less funds holding in top 10

Funds holding in top 10: 3 [Q1] → 1 (-2) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for VIXY.

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Financial journalist opinion

VIXY: Not A Portfolio Hedge, Just A Day Trading Tool

VIXY is not a suitable long-term portfolio hedging tool due to negative roll effect in VIX futures, down -85% in 3 years. VIXY is only profitable in rare events, up 9.9% for the year despite a 55% gain after the August 5, 2024 VIX spike. Alternatives for portfolio hedging include buying Treasuries and market neutral funds like BTAL, which have shown better performances.

VIXY: Not A Portfolio Hedge, Just A Day Trading Tool

Why Chasing Volatility With a VIX ETF Is Trickier Than It Seems

U.S. investors looking for positive returns had few options on Monday. Stocks tumbled while Treasury bond prices pared early gains.

Why Chasing Volatility With a VIX ETF Is Trickier Than It Seems

Zacks Investment Research

Market Volatility Jumps: ETFs to Tap

Volatility roared back amid market rotation and growing anxiety about a slowing U.S. economy. Investors could benefit from the rising market volatility with ETF/ETN options available in the market.

Market Volatility Jumps: ETFs to Tap

Zacks Investment Research

5 Top-Performing ETF Areas of Last Week

Wall Street was mixed last week with the S&P 500, the Dow Jones and the Nasdaq losing 1.9%, adding 0.7% and retreating 3.7% last week. The small-cap index Russell 2000 advanced 1.7% last week as “Trump Trade” gained momentum.

5 Top-Performing ETF Areas of Last Week

Zacks Investment Research

Top and Flop ETFs of the First Half

We have highlighted three ETFs each from the best and worst-performing zones in the first half of 2024.

Top and Flop ETFs of the First Half

S&P 500 Peaks And VIX Valleys As Market Signals

The S&P 500 is moderately overvalued with a P/E ratio above its historic mean, but it reached a new all-time high. The CBOE Volatility Index (VIX) is below 13, indicating low volatility in the market. Days with both an all-time high for the S&P 500 and a VIX below 13 were historically followed by a lower than average three-month performance.

S&P 500 Peaks And VIX Valleys As Market Signals

Zacks Investment Research

Volatility ETFs Spike on Escalating Israel-Iran Conflict

Market volatility roared back last week on intensifying tensions in the Middle East. The fear gauge rose 16% on Apr 12, marking the highest level since late October, suggesting that market worries have started to set in.

Volatility ETFs Spike on Escalating Israel-Iran Conflict

VIXY: History Says Now Is The Time To Own Volatility

The US economy shows soft business conditions, lingering inflation, and concerning household debt. The S&P 500 continues to reach all-time highs while the volatility index remains low. Owning VIXY in small amounts as a hedge to the S&P 500 and timing it properly can be beneficial.

VIXY: History Says Now Is The Time To Own Volatility

VIXY: Complacent Markets Warrant A Hedge

The Federal Reserve's pivot towards a 'soft landing' and potential rate cuts in 2024 has boosted asset prices and hurt hedges like VIXY. Downside risks are now higher as investors have become too complacent, expecting 7 consecutive rate cuts beginning in March. Middle East tensions could reignite inflation worries, causing the Fed to hold rates higher for longer.

VIXY: Complacent Markets Warrant A Hedge

VIXY: Like A Put Option, Without Using Options

Volatility is a constant presence in the markets, causing concern when high and uncertainty when low. The VIX, a measure of market volatility, cannot be directly invested in and has a high tracking error. With the VIX approaching lows, it may be a good time to consider a short-term position in VIXY.

VIXY: Like A Put Option, Without Using Options

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