ConvexityShares Daily 1.5x SPIKES Futures ETF
SPKY
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- IPO Date
- Aug 18, 2022
- CIK
- 0001817218
- Similar Companies
- Business
- ConvexityShares Daily 1.5x SPIKES Futures ETF (SPKY) is an exchange-traded fund that seeks investment results corresponding to 150% of the daily performance, before fees and expenses, of the T3 SPIKE Front 2 Futures Index, which tracks short-term futures contracts on the SPIKES Volatility Index measuring expected 30-day volatility of the SPDR S&P 500 ETF Trust (SPY). SPKY operates as a series of the ConvexityShares Trust, a management investment company registered under the Investment Company Act of 1940, with shares listed on NYSE Arca; it issues and redeems shares in creation units primarily in-kind and maintains an expense ratio of 0.79%. The fund complements ConvexityShares' product lineup, including the related ConvexityShares 1x SPIKES Futures ETF (SPKX), providing leveraged and non-leveraged exposure to U.S. equity market volatility futures for sophisticated investors seeking daily tactical tools; it employs financial instruments and money market instruments to remain fully invested in line with the index, regardless of market conditions. SPKY launched on August 16, 2022, sponsored by Teucrium Trading, LLC, which handles daily operations, investment management, and reporting. Headquartered in the United States with operations focused on U.S. markets, ConvexityShares debuted as a newly minted ETF issuer through the simultaneous launch of SPKY and SPKX, marking its entry into the volatility ETP segment without reported major acquisitions, funding rounds, partnerships, or strategic shifts in the last 1-2 years.