ProShares Short VIX Short-Term Futures ETF

ProShares Short VIX Short-Term Futures ETF is an exchange-traded fund designed to provide inverse exposure to the S&P 500 VIX Short-Term Futures Index. The primary purpose of this ETF is to offer investors the ability to gain from the decrease in market volatility, as measured by the VIX, which is widely recognized as the "fear index." By shorting VIX futures, this ETF exposes investors to the potential for profit when volatility declines, making it a strategic option for those looking to hedge against or capitalize on lower market turbulence. The ProShares Short VIX Short-Term Futures ETF is a notable financial instrument within the derivatives market, offering a way for market participants to engage with volatility metrics indirectly. It is particularly significant for active traders and institutional investors seeking tools for volatility management or contrarian bets in portfolio strategy.