SVXY Profile
The ProShares Short VIX Short-Term Futures ETF, with the ticker symbol SVXY, is an exchange-traded fund (ETF) that seeks to provide investors with inverse exposure to the performance of the S&P 500 VIX Short-Term Futures Index. The index tracks the performance of a portfolio of VIX futures contracts with an average maturity of one month.
SVXY seeks to provide daily returns that are -1x the daily returns of the S&P 500 VIX Short-Term Futures Index. The fund uses a combination of swaps, futures contracts, and other financial instruments to achieve its investment objective.
Investing in SVXY can provide investors with a way to profit from a decline in the volatility of the S&P 500 Index, as measured by the VIX index. However, it's important to keep in mind that investing in any ETF carries certain risks, including the potential for market fluctuations and the possibility of losses.
As with any investment, investors should carefully consider their investment goals, risk tolerance, and other factors before investing in SVXY or any other security. It's also important to consult with a financial advisor to determine whether this ETF is a suitable investment given an individual's unique circumstances and financial goals.
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