Volatility Shares 2x Long VIX Futures ETF (UVIX)
UVIX is a passive ETF by Volatility Shares tracking the investment results of the Long VIX Futures Index – Benchmark TR Gross (200%). UVIX launched on Mar 28, 2022 and has a 2.78% expense ratio.
ETF Info
| ISIN | US92891H3093 |
|---|---|
| CUSIP | 92891H408 |
| Issuer | Volatility Shares |
| Inception Date | Mar 28, 2022 |
| Category | Volatility, Leveraged |
| Leveraged | 2x |
| Index Tracked | Long VIX Futures Index – Benchmark TR Gross (200%) |
| Home Page | www.volatilityshares.com |
| Asset Class | Volatility |
Expense Ratio
UVIX has a high expense ratio of 2.78%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: UVIX vs. UVXY, UVIX vs. ^VIX, UVIX vs. VXX, UVIX vs. SVIX, UVIX vs. SQQQ, UVIX vs. VGT, UVIX vs. GDX, UVIX vs. TMF, UVIX vs. SVOL, UVIX vs. FNGU
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Volatility Shares 2x Long VIX Futures ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Volatility Shares 2x Long VIX Futures ETF had a return of -74.14% year-to-date (YTD) and -84.58% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -74.14% | 25.45% |
| 1 month | -35.34% | 2.91% |
| 6 months | -49.21% | 14.05% |
| 1 year | -84.58% | 35.64% |
| 5 years (annualized) | N/A | 14.13% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of UVIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -7.87% | -22.85% | -10.40% | 4.17% | -30.08% | -12.09% | 6.79% | -31.94% | 15.97% | 30.30% | -74.14% | ||
| 2023 | -36.84% | -0.65% | -12.49% | -30.85% | -20.36% | -49.32% | -19.28% | -14.17% | 12.94% | -5.42% | -46.89% | -21.68% | -95.28% |
| 2022 | 9.84% | 44.54% | -32.75% | 4.21% | -37.18% | -2.70% | 33.81% | -30.99% | -30.50% | -13.13% | -62.08% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of UVIX is 1, indicating that it is in the bottom 1% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Volatility Shares 2x Long VIX Futures ETF (UVIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Volatility Shares 2x Long VIX Futures ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Volatility Shares 2x Long VIX Futures ETF was 99.73%, occurring on Nov 12, 2024. The portfolio has not yet recovered.
The current Volatility Shares 2x Long VIX Futures ETF drawdown is 99.73%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -99.73% | May 10, 2022 | 632 | Nov 12, 2024 | — | — | — |
| -30.45% | May 2, 2022 | 3 | May 4, 2022 | 3 | May 9, 2022 | 6 |
| -23.04% | Apr 12, 2022 | 6 | Apr 20, 2022 | 2 | Apr 22, 2022 | 8 |
| -15.54% | Apr 1, 2022 | 2 | Apr 4, 2022 | 2 | Apr 6, 2022 | 4 |
| -9.01% | Apr 28, 2022 | 1 | Apr 28, 2022 | 1 | Apr 29, 2022 | 2 |
Volatility
Volatility Chart
The current Volatility Shares 2x Long VIX Futures ETF volatility is 36.55%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.