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ProShares Ultra VIX Short-Term Futures ETF

UVXY

Market cap $292M

18.94 USD

+0.53

2.88%

At close Updated Oct 23, 2:20 PM EDT

1 day

2.88%

5 days

8.11%

1 month

11.15%

3 months

-26.16%

6 months

-51.4%

Year to date

-45.84%

1 year

-63.72%

5 years

-99.53%

10 years

-100%

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 0%

Neutral 100%

Negative 0%

UVXY: A Sell Into The Volatility Spike Ahead Of Catalysts

The ProShares Ultra VIX Short-Term Futures ETF (UVXY) receives a 'sell' rating for the next two weeks due to a recent 12% rebound. UVXY is best used as a short-term hedge around major catalysts; holding beyond that window exposes investors to rapid value erosion. Despite volatility spikes and a backwardated VIX futures curve, strong S&P 500 earnings and UVXY's distance from its long-term average weigh against further upside.

UVXY: A Sell Into The Volatility Spike Ahead Of Catalysts

Zacks Investment Research

Seeking Stability? Investing in These ETFs Could Make Sense Now

From AI sell-offs to oil spikes, investors have plenty of reasons to seek stability. Here are some ETFs that may help investors achieve stability.

Seeking Stability? Investing in These ETFs Could Make Sense Now

24/7 Wall Street

$10,000 Becomes $2,586 in One Year: The Hidden Decay Engine Inside UVXY

If you bought ProShares Ultra VIX Short-Term Futures ETF (CBOE:UVXY) a year ago hoping to ride the next panic, your account tells the story the marketing won't.

$10,000 Becomes $2,586 in One Year: The Hidden Decay Engine Inside UVXY

Considering An Intraday Trading Strategy With The UVXY ETF

ProShares Ultra VIX Short-Term Futures ETF is rated a buy for intraday trading, not investment, due to its leveraged structure and underperformance versus the VIX. Economic, geopolitical, and seasonal factors suggest heightened volatility risk, making VIX-related products attractive for tactical traders in the coming months. UVXY consistently underperforms the VIX during spikes, suffers from time decay, and has undergone 13 reverse splits since 2012, underscoring its status as a wasting asset.

Considering An Intraday Trading Strategy With The UVXY ETF

Volatility ETFs Seem Perfect for the Current Moment; Have They Performed?

Volatility, volatility, volatility – markets have seen plenty of turmoil this year, and not just because of fears about AI. Attacks on Venezuela, the U.S.-Israel-Iran war, and even more potential conflicts have all created major volatility.

Volatility ETFs Seem Perfect for the Current Moment; Have They Performed?

Top Performing Leveraged/Inverse ETFs: 03/29/2026

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Top Performing Leveraged/Inverse ETFs: 03/29/2026

Top Performing Leveraged/Inverse ETFs: 03/08/2026

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Top Performing Leveraged/Inverse ETFs: 03/08/2026

UVXY: Good Things Do Not Last

ProShares Ultra VIX Short-Term Futures ETF offers a 1.5x leveraged exposure to short-term VIX futures, spiking during volatility surges. The recent VIX spike to 35 on March 9, 2026, marks an interim volatility top, with historical patterns suggesting such levels are unsustainable. UVXY is structurally prone to rapid decay due to roll effects, especially as VIX futures revert to contango after volatility events.

UVXY: Good Things Do Not Last

UVXY And SVXY: Trading Volatility In A Turbulent Market

ProShares Ultra VIX Short-Term Futures ETF and ProShares Short VIX Short-Term Futures ETF offer tactical tools for trading volatility spikes and normalization. I recommend Hold ratings on both UVXY and SVXY, emphasizing their use for short-term, daily trading due to compounding and NAV decay risks. With S&P 500 expected to remain flat in 2026, volatility will likely be driven by exogenous shocks such as geopolitical events and energy price fluctuations.

UVXY And SVXY: Trading Volatility In A Turbulent Market

Top Performing Leveraged/Inverse ETFs: 11/23/2025

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Top Performing Leveraged/Inverse ETFs: 11/23/2025

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