$UVXY target still +$100, different path to get thereWe've seen an incredibly large rally in stocks, which has taken UVXY lower than I expected, but as long as we bounce at support here, the idea is still valid.
The support on the chart is retesting the move that we broke out from end of March. There was a lack of balance on the chart as we saw a 130
Key stats
About ProShares Trust Ultra VIX Short Term Futures ETF
Home page
Inception date
Oct 3, 2011
Structure
Commodities Pool
Dividend treatment
Distributes
Distribution tax treatment
No distributions
Income tax type
60/40
Max ST capital gains rate
27.84%
Max LT capital gains rate
27.84%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
UVXY offers daily leveraged exposure to short-term VIX futures, designed to capture the volatility of the S&P 500, in a commodity pool wrapper. As a geared product with daily resets, UVXY is designed as a short-term trading tool and not a long-term investment vehicle. Returns over holding periods greater than one day can be, and often are, significantly different from 1.5x. Like its peer products, UVXY does not deliver leveraged returns on the VIX index itself, but on front- and second-month futures contracts. As a commodity pool, investors will get K-1 at tax time but avoid the counterparty risk of an exchange-traded note. Prior to February 28, 2018, the fund provided 2x leveraged exposure.
Classification
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
UVXY About to Take Off – Volatility Is Brewing!Volatility is creeping back into the markets — and CBOE:UVXY is showing strong signs of a potential breakout.
With SPX and Nasdaq flashing weakness, fear is quietly returning. Historically, moves like this in UVXY don’t wait long…
This could be the calm before a volatility storm.
Watch closely —
$UVXY to $100+Unfortunately many of my charts were removed by a moderator for having private indicators on them (which I didn't realize was a thing), so I have to repost them.
If we look at the chart, we broke out of a bull flag and are now testing a very strong support level.
You can see we've bounced off of
Short Volatility during rare spikes using leveraged ETF $UVXYOverview
Volatility represents how greatly an asset’s prices swing around the mean price. Historically there are rarely brief volatility flare-ups that present trading opportunities. Trying to anticipate volatile events can be costly, because other market participants generally expect the same we
Major Reversal Ahead for UVXY?We’ve identified a Head & Shoulders pattern, aligning with our Elliott Wave count showing a completed 5-wave move up ✅
This strongly suggests we’re due for an ABC correction to the downside 🔻
🟡 Yellow boxes mark our high-probability targets.
This bearish view is also supported by our broader outl
VIX againUVXY is landing in a short term trendline. SPY is heading to a resistance zone. I bought the ETF (no calls this time) I'll keep buying if it gets to the support at 18.30. I think the market is consolidating and we will have ups and downs like crazy. I'll take advantage of it. My first TP at 22, then
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
UVXY trades at 25.85 USD today, its price has risen 10.14% in the past 24 hours. Track more dynamics on UVXY price chart.
UVXY net asset value is 23.53 today — it's fallen 38.70% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
UVXY assets under management is 491.00 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
UVXY price has fallen by −20.08% over the last month, and its yearly performance shows a 4.91% increase. See more dynamics on UVXY price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −38.70% over the last month, have fallen by −38.70% over the last month, showed a 35.31% increase in three-month performance and has decreased by −5.98% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −38.70% over the last month, have fallen by −38.70% over the last month, showed a 35.31% increase in three-month performance and has decreased by −5.98% in a year.
UVXY fund flows account for 257.72 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
UVXY invests in cash. See more details in our Analysis section.
UVXY expense ratio is 0.95%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, UVXY is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, UVXY technical analysis shows the buy rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating UVXY shows the sell signal. See more of UVXY technicals for a more comprehensive analysis.
Today, UVXY technical analysis shows the buy rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating UVXY shows the sell signal. See more of UVXY technicals for a more comprehensive analysis.
No, UVXY doesn't pay dividends to its holders.
UVXY trades at a premium (0.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
UVXY shares are issued by ProShare Advisors LLC
UVXY follows the S&P 500 VIX Short-Term Futures Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 3, 2011.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.