2x Long VIX Futures ETF
UVIX
Chicago Board Options Exchange- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 2000 PGA Boulevard, Suite 4440 Palm Beach Gardens FL United States of America 33408
- IPO Date
- Mar 30, 2022
- CIK
- 0001793497
- Website
- volatilityshares.com
- Similar Companies
- Business
- 2x Long VIX Futures ETF (UVIX) is an exchange-traded fund that provides leveraged exposure to short-term VIX futures contracts. The fund seeks daily investment results, before fees and expenses, that correspond to two times (2x) the performance of the Short VIX Futures Index (SHORTVOL), which tracks a portfolio of first- and second-month VIX futures contracts rolled daily; it employs swap agreements, futures contracts, and other leveraged financial instruments to achieve its objectives. UVIX operates within the volatility derivatives segment of the exchange-traded products industry, targeting sophisticated investors, traders, and institutions seeking amplified returns from anticipated increases in market volatility as measured by the CBOE Volatility Index (VIX). Headquartered in Rye Brook, New York, the ETF is issued and managed by Volatility Shares LLC, a provider of volatility-focused exchange-traded products; it was launched in March 2022 as part of a suite including inverse and leveraged VIX futures ETFs. The fund's core offerings include daily leveraged long exposure to VIX futures, enabling tactical trading strategies during periods of elevated equity market fear or uncertainty; it does not directly invest in the VIX index itself but rolls front-month futures contracts to maintain consistent short-term exposure. UVIX trades on the Cboe BZX Exchange under the ticker UVIX, with assets under management fluctuating based on volatility regimes and investor demand. In recent developments, Volatility Shares LLC expanded its product lineup with the launch of UVIXB, a buffer version of UVIX offering weekly outcome-period target income strategies in April 2024, providing investors with capped upside exposure to VIX futures alongside downside buffers. The firm also navigated regulatory scrutiny in 2022-2023 amid leveraged ETF volatility, resulting in enhanced risk disclosures and prospectus updates emphasizing daily reset mechanics and potential for significant losses over holding periods longer than one day. No major acquisitions, partnerships, or name changes have been reported for UVIX in the last two years, though Volatility Shares continues to innovate in volatility ETPs amid rising demand for hedging tools in uncertain markets.