SVXY – ProShares Short VIX Short-Term Futures – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks daily investment results, before fees and expenses, that correspond to one-half the inverse (-0.5x) of the performance of the S&P 500 VIX Short-Term Futures Index for a single day. The index seeks to offer exposure to market volatility through publicly traded futures markets and is designed to measure the implied volatility of the S&P 500 over 30 days in the future.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
SVXY	ProShares Short VIX Short-Term Futures ETF	ETF	Open	—	—	Oct 3, 2011	—	1.010%	—	—	—
SVXY	ProShares Short VIX Short-Term Futures ETF	ETF	Open	—	—	Oct 3, 2011	$260.83M	1.010%	—	—	−$39.88M

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