Estimated Next VIXY Reverse Split: June 23, 2023

For a security doomed to decrease in value over time, ProShares’ VIXY does amazingly well.  Its volume averages over 8 million shares per day and its assets under management are currently around $270 million, not bad for a product that has averaged a 52% annual loss since its inception in October 2011. This works out to an average loss of almost 6% per month. See …

Read more

How Does Volatility Shares’ -1X Medium Term ZIVB Work?

This post will discuss how ZIVB works, including how it trades, how its value is established, what it tracks, tax treatment, termination risk, likely liquidity, and performance simulations.  Volatility Shares’ new -1x Short Mid-Term VIX Futures ETF (ticker: ZIVB) started trading Wednesday, April 19th. After a gap of over two years, volatility traders have access to a -1X leveraged mid-term volatility ETF. ZIVB’s Prospectus is …

Read more

UVIX Reverse Split History & Forecast (13-Aug-2024)

I’m predicting, based on decay rates and previous reverse splits, that Volatility Shares’ next UVIX reverse split, will be 1:10 reverse split, and will occur around 13-Aug-2024 Since its inception in March 2022, UVIX’s decay rate has averaged around 20% per month.  Some investors anticipate significant price moves in UVIX motivated by a reverse split.  I’m not in that camp.  UVIX’s price is tied to VIX …

Read more