What is the Vix ETF?

This VIX ETF provides investors with exposure to the S&P 500 VIX Mid-Term Futures Index. VIXM tracks the returns of a portfolio of monthly VIX future contracts with an average expiration maturity of five months.

What is vixm and how does it work?

*Unless otherwise stated, data provided by FactSet. VIXM tracks an index of futures contracts on the CBOE Volatility Index with an average of five months until maturity. Exposure resets daily.

Why does vixm hold CBOE VIX futures contracts?

VIXM holds CBOE VIX futures contracts in order to provide investors with returns based on increases in the expected volatility of the S&P 500. 5 This ETF holds relatively longer-dated futures contracts. The fund does not track the VIX and should be expected to perform very differently from the fear gauge.

What is ProShares Vix mid-term futures ETF?

ProShares VIX Mid-Term Futures ETF provides long exposure to the S&P 500 VIX Mid-Term Futures Index, which measures the returns of a portfolio of monthly VIX futures contracts with a weighted average of five months to expiration. Intended for short-term use; investors should actively manage and monitor their investments, as frequently as daily.