SVXY (ProShares Short VIX Short-Term Futures ETF)

SVXY Exposure and Basic Characteristics

SVXY is the second most liquid short VIX exchange traded product. It is an ETF by ProShares. One advantage SVXY has against the similar and more liquid XIV (ETN by VelocityShares) is that options are available on SVXY, although their liquidity is not high. Both SVXY and XIV provide negative (short) exposure to short-term VIX futures (inverse of S&P500 VIX Short-Term Futures Index).

Direction: short, unleveraged

Underlying index: S&P500 VIX Short-Term Futures Index ER

Exposure: Short end of the VIX futures curve (combination of short positions in the first and second VIX futures contract months – rolling to maintain constant 1 month maturity)

SVXY options: Available, but relatively illiquid

Product type: ETF (exchange traded fund)

Provider: ProShares

Inception date: 3 October 2011

Official Information and Links

ProShares Short VIX Short-Term Futures ETF seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the S&P 500 VIX Short-Term Futures Index. Source: Official website (see links below).

The website also states that while the ETF should track the index quite well on a single day basis, performance over longer time periods can deviate markedly due to compounding.

SVXY product page:

SVXY factsheet:

SVXY prospectus:

Provider website:

SVXY Quotes, Assets, and Trading Volume

Yahoo Finance:

Related pages

list etf13f filings searchcalculating std deviationyahoo stock futurescalculating averages on excelwhat does vix measurecalculator with negative numbersyahoo finance msftdivergence macdvelocityshares tvixdelta hedging explainedfonts for notepaddefault font notepadipath fundscut your losses originstdev psec hedge fund filingsvix chart yahoosymbol for vixblack scholes pricing formulafx implied volatilitysquaring negativeshow to calculate mean and standard deviation on excelstraddle options strategycalculate vegahow to calculate intrinsic value of an optionquantitative hedge fund strategiesstandard deviation calculator financedelta gamma theta vegawacc formulascalculate mean sdvix tradepayoff diagramexcel macdput black scholeseuro stoxx 50 historical datashort straddle option strategyoptions the greeksformula for sample variance in statisticsformula for sample variancegeorge soros vs warren buffettmoving average chart exceluvxy inverseweighted average cost of inventory formulanegatives squaredinterpret skewness and kurtosismonospace unicodemacd histogramformula to calculate skewnessshare price volatility calculatorhow to interpret kurtosiscalculating skewnesshow to calculate intrinsic value of stock optionsiron butterfly optiontheta in options tradingimplied volatility formulaskewness meansfx function in excelcboe option chaincalculating volatility of stockformula for implied volatilitycumulative excel formulastock calculator historicalpercentile calculator mean standard deviationmodified black scholess&p 500 vix short-term futurescalculate annualized standard deviationestimating population mean calculatorinverse s&p 500black & scholes modeloption payoff diagramipath etfcalculators with negatives