2x Long VIX Futures ETF (UVIX) Holdings & Expense Ratio

For informational purposes only. Not financial advice.

Quick Answer

2x Long VIX Futures ETF (UVIX) has a last stored price of $36.01, as of the Oct 2, 2026 trading session. It has a 2.19% expense ratio and $426M in assets under management.

In the stored portfolio snapshot, the largest sector allocation is Cash & Others at 100.0%.

2x Long VIX Futures ETF (UVIX) ETF — Price, Holdings & Analysis

ETF Overview

UVIX provides twice the daily performance of an index that holds long positions in the first and second month VIX futures contracts. The fund rolls its positions daily to maintain a consistent time to maturity. This ETF is designed for investors who seek to profit from short-term spikes in market volatility, as measured by the VIX. UVIX's strategy involves holding VIX futures, specifically the first and second month contracts. Given its leveraged nature and focus on short-term VIX futures, UVIX is not suitable for buy-and-hold investors. The fund's sector allocation is primarily in cash and other liquid assets, representing 100% of the portfolio, which is used to manage the futures positions.

Risk Metrics

UVIX carries substantial risks due to its leveraged nature and focus on VIX futures. The fund's 2.19% expense ratio creates a significant drag on performance, especially if volatility does not materialize as expected. The fund's negative beta of -4.38 (3Y) indicates an inverse relationship with the broader market, meaning it may move in the opposite direction of the S&P 500. This can be beneficial during market downturns but detrimental during rallies. The fund's concentration in VIX futures makes it highly sensitive to changes in market sentiment and volatility expectations. Investors should be aware that UVIX is designed for short-term trading and is not appropriate for long-term investment strategies. Past performance does not guarantee future results.

Beta: -4.38

Expense Ratio

2.19%

How Is the Fund Allocated?

Sector	Weight
Cash & Others	100.0%

Country	Weight
Other	100.0%

Dividend Yield

0.00%

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Questions & Answers

What is UVIX and what does it track?

UVIX, or the Volatility Shares 2x Long VIX Futures ETF, aims to deliver twice the daily performance of an index comprised of first and second month VIX futures contracts. The fund seeks to provide leveraged exposure to short-term volatility expectations.

The index that UVIX tracks is calculated daily and maintains a consistent time to maturity of the futures contracts.

What is the expense ratio for UVIX?

The expense ratio for UVIX is 2.19%. This means that for every $10,000 invested in the fund, $219 is deducted annually to cover operating expenses.

This expense ratio is significantly higher than the average expense ratio for alternative ETFs, which is around 0.44%.

What are the top holdings in UVIX?

As of the latest data, UVIX's holdings are primarily in cash and VIX futures contracts. The fund's top holdings consist of: 1) Cash & Others, representing 100% of the portfolio.

This allocation is used to manage the fund's positions in VIX futures. The fund invests in first and second month VIX futures contracts to achieve its 2x leveraged exposure.

Is UVIX a good long-term investment?

UVIX is generally not considered a suitable long-term investment due to its leveraged nature and focus on short-term VIX futures.

The fund is designed to provide twice the daily performance of an index that tracks VIX futures, which means it is highly sensitive to daily changes in market volatility.

How does UVIX compare to similar ETFs?

UVIX differentiates itself through its 2x leveraged exposure to VIX futures, while many similar ETFs offer unleveraged exposure. Its expense ratio of 2.19% is higher than many of its peers, reflecting the cost of leverage and active management.

UVIX has $0.43 billion in assets under management, which is a moderate size compared to other volatility-linked ETFs.

Does UVIX pay dividends?

According to the latest data, UVIX does not pay dividends. Its dividend yield is 0.00%. This is typical for ETFs that track futures contracts, as the underlying assets do not generate income in the same way as stocks or bonds.

Investors seeking income should consider other ETFs that focus on dividend-paying stocks or bonds.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Data provided for informational purposes only.

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