Key stats
About Volatility Premium Plus ETF
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Inception date
Apr 19, 2023
Structure
Commodities Pool
Replication method
Synthetic
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
Volatility Shares LLC
Distributor
Foreside Fund Services LLC
ZVOL aims to provide a monthly income stream and daily inverse exposure to mid-term VIX futures with an average term-to-maturity of five months. The VIX is a non-investable index that captures the implied volatility of the S&P 500. The fund rolls its short positions and rebalances its portfolio daily, whereby the time and manner of rebalancing are at the discretion of the fund adviser. As a daily inverse product, ZVOL 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 significantly different from -1x of the index. ZVOL does not deliver inverse returns on the VIX itself. The fund provides the inverse returns of the fourth, fifth, sixth, and seventh-month futures, rolled daily. ZVOL indirectly obtains exposure by utilizing a Cayman Island Subsidiary, thus, avoiding issuing a K-1 form to investors. The fund is structured as a commodity pool, which means investors can avoid the counterparty risk of an exchange-traded note. Prior to Nov. 22, 2024 the fund traded on the ticker ZIVB with the name Volatility Shares -1x Short VIX Mid-Term Futures Strategy ETF.
Related funds
Classification
What's in the fund
Exposure type
Mutual fund
Bonds, Cash & Other100.00%
Mutual fund99.92%
Cash0.08%
Top 10 holdings
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.
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.
ZVOL trades at 12.75 USD today, its price has risen 0.94% in the past 24 hours. Track more dynamics on ZVOL price chart.
ZVOL net asset value is 12.81 today — it's fallen 5.80% 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.
ZVOL assets under management is 16.37 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.
ZVOL price has fallen by −8.81% over the last month, and its yearly performance shows a −46.63% decrease. See more dynamics on ZVOL price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −5.80% over the last month, showed a −16.51% decrease in three-month performance and has decreased by −33.53% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −5.80% over the last month, showed a −16.51% decrease in three-month performance and has decreased by −33.53% in a year.
ZVOL fund flows account for 18.49 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.
ZVOL invests in funds. See more details in our Analysis section.
ZVOL expense ratio is 1.42%. 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.
ZVOL is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.
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, ZVOL technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ZVOL shows the sell signal. See more of ZVOL technicals for a more comprehensive analysis.
Today, ZVOL technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ZVOL shows the sell signal. See more of ZVOL technicals for a more comprehensive analysis.
Yes, ZVOL pays dividends to its holders with the dividend yield of 45.33%.
ZVOL trades at a premium (0.25%).
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.
ZVOL shares are issued by Corpus Partners LLC
ZVOL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 19, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.