What is the ISIN of 2x Long VIX Futures ETF?

The ISIN of 2x Long VIX Futures ETF is US92891H6062.

What does leveraged daily exposure mean for 2x Long VIX Futures ETF?

2x Long VIX Futures ETF aims to deliver 2 times the daily return of VIX (long). The leverage resets each trading day, so multi-day returns can differ materially from 2X the underlying's cumulative return.

What is volatility decay and how does it affect 2x Long VIX Futures ETF?

Volatility decay (also called compounding drag) occurs because 2x Long VIX Futures ETF rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 2X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.

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2x Long VIX Futures ETF (UVIX) Price

2x Long VIX Futures ETF Price

— EUR

PRO

TER2.19 %

AUM349.09 M USD

IndexLong VIX Futures Index - Benchmark TR Gross

CurrencyUSD

Funds Launch3/28/2022

2x Long VIX Futures ETF Price

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Underlying

VIX

VIX2X Long Daily

VIX

2x Long VIX Futures ETF provides 2X daily exposure to VIX.

Leverage & Compounding Risk

This ETF rebalances daily to achieve its 2X target. Over periods longer than one day, compounding can cause returns to deviate significantly from 2X the underlying's return — especially in volatile, sideways markets (volatility decay). This product is designed for short-term trading, not buy-and-hold investing.