Volatility Shares has announced the launch of the 2x Long VIX Futures ETF (Ticker: UVIX) and the -1x Short VIX Futures ETF (Ticker: SVIX).
UVIX is designed to track, before fees and expenses, twice the Long VIX Futures Index (Ticker: LONGVOL), an index that has been designed to deliver the daily performance of a portfolio of short-term VIX futures contracts. SVIX is designed to track, before fees and expenses, the Short VIX Futures Index (Ticker: SHORTVOL), an index that has been designed to deliver the full daily inverse performance of a portfolio of short-term VIX futures contracts.
“We’re excited to bring back the VIX futures exposure that investors have been missing since 2018,” says Stuart Barton, co-founder of Volatility Shares.
Volatility Shares was formed by a group of volatility and ETF specialists with the purpose of returning the highly popular -1x and 2x VIX ETFs to the US equity market.
Milliman Financial Risk Management will serve as commodity sub-adviser and US Bank will serve as the custodian.
