Overview
Description
ProShares VIX Short-Term Futures ETF is designed to provide investors with exposure to the S&P 500 VIX Short-Term Futures Index. This ETF seeks to reflect the returns of the VIX, a popular measure of the stock market's expectation of volatility implicit in S&P 500 index options. Primarily, it aims to track the performance of short-term futures contracts on the VIX, rather than the VIX index itself. As such, it's a tool to capitalize on volatility or to hedge against market downturns. This ETF impacts sectors sensitive to market fluctuations, as it offers a means to gain tactical exposure to volatility spikes. In the broader financial market, ProShares VIX Short-Term Futures ETF plays a significant role in risk management strategies, allowing investors to potentially offset losses during periods of market stress. As with all funds tracking futures, it does not perfectly correlate with the VIX's actual movements but instead provides a practical vehicle for trading based on forecasts of market instability.
About
Address
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Phone
240-497-6400
Website
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Instrument type
ETF
Country
United States
MIC code
BATS