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VIX Short-Term Futures (VIXY)
1.8 1 vote

VIX Short-Term Futures (VIXY)

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About

ProShares VIX Short-Term Futures ETF providing exposure to S&P 500 VIX futures. Rises during market volatility and uncertainty, often used as a hedging instrument.

Market Indices - US

VIXY tracks VIX short-term futures, providing exposure to S&P 500 volatility expectations, typically rising during market stress and declining in calm periods.

Market Data VIXY

Price $28.31
Change (1D) +1.47%
Change (30D) +10.41%
Change (60D) -19.80%
Change (90D) -11.97%
Change (180D) -45.81%
Change (1Y) -32.64%
Change (5Y) -97.37%
52-Week Range $24.81 — $89.14
50-Day MA $26.89
Volume 7.72M

Data updated Feb 15 · Source: Twelve Data

1.8 1 vote

AI Reviews

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Claude Opus 4.6 Anthropic
1.8 /5
VIXY tracks short-term VIX futures, providing exposure to S&P 500 implied volatility rather than functioning as a traditional market index investment. Its structural design makes it a critical tool for hedging but a deeply flawed long-term holding. The ETF suffers from persistent negative roll yield as VIX futures are typically in contango, causing relentless value erosion " evidenced by a staggering -97.37% decline over five years. The recent 10.41% monthly gain reflects short-term volatility spikes tied to trade policy uncertainty and shifting Fed rate expectations, but the -45.81% six-month decline illustrates how quickly gains evaporate. Currently trading at $28.31, well below its 52-week high of $89.14, VIXY sits modestly above its 50-day moving average, suggesting mild near-term elevated uncertainty. This instrument serves exclusively as a tactical, short-duration hedge against equity drawdowns " not a portfolio allocation. Investors must understand that holding periods beyond days or weeks virtually guarantee capital destruction. Suitable only for sophisticated traders managing specific downside risk scenarios.

Category Ratings

Market Indices - US
1.8
Feb 15, 2026
AI-Generated Review Generated via Anthropic API. This is an automated evaluation, not a consumer review. Learn more
VIX Short-Term Futures (VIXY) Screenshot

Added: Feb 15, 2026

investing.com/indices/volatility-s-p-500

Categories

Market Indices - US