How Does ProShares’ SVXY Work?

Just about anyone who’s looked at a multi-year chart for a long volatility fund like Barclays’ VXXX has thought about taking the other side of the trade. ProShares’ SVXY is an Exchange Traded Fund (ETF) that allows you to bet against funds like VXX while avoiding some of the issues associated with a direct short. This post will discuss SVXY‘s inner workings, including how it …

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