2x Long is trading at 28.42 as of the 30th of January 2025; that is 0.21 percent decrease since the beginning of the trading day. The etf's open price was 28.48. 2x Long has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 31st of December 2024 and ending today, the 30th of January 2025. Click here to learn more.
The index measures the daily performance of a portfolio of long positions in first and second month VIX futures contracts. VS TR is traded on BATS Exchange in the United States. More on 2x Long VIX
Anthony Castelli, Dustin Allen Lewellyn, George Madrigal, Lee Wilson Geiger
Transfer Agent
U.S. Bancorp Fund Services LLC
Trustee
Wilmington Trust Company
Fiscal Year End
31-Dec
Exchange
Cboe BZX Exchange, Inc.
Number of Constituents
3.0
Market Maker
Flow Traders
Total Expense
2.78
Management Fee
1.65
Country Name
USA
Returns Y T D
(16.24)
Name
2x Long VIX Futures ETF
Currency Code
USD
Open Figi
BBG014HVGDK5
1y Volatility
75.9
200 Day M A
54.332
50 Day M A
33.6512
Code
UVIX
Updated At
30th of January 2025
Currency Name
US Dollar
Type
ETF
2x Long VIX [UVIX] is traded in USA and was established 2022-03-28. The fund is listed under Trading--Leveraged Equity category and is part of VS TRUST family. The entity is thematically classified as Volatility ETFs. 2x Long VIX at this time have 93.79 M in net assets. , while the total return for the last year was -76.0%.
Check 2x Long Probability Of Bankruptcy
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in 2x Long. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether 2x Long VIX offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of 2x Long's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of 2x Long Vix Etf. Outlined below are crucial reports that will aid in making a well-informed decision on 2x Long Vix Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 2x Long VIX. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
The market value of 2x Long VIX is measured differently than its book value, which is the value of UVIX that is recorded on the company's balance sheet. Investors also form their own opinion of 2x Long's value that differs from its market value or its book value, called intrinsic value, which is 2x Long's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 2x Long's market value can be influenced by many factors that don't directly affect 2x Long's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 2x Long's value and its price as these two are different measures arrived at by different means. Investors typically determine if 2x Long is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 2x Long's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.