What Is UVXY ETF?
UVXY is a 1.5x leveraged ETF that tracks the S&P 500 Short-Term VIX Futures Index. S&P Global provides this index, which is simple to understand: it holds a basket of first and second month VIX futures with an average holding of 30-days into the future. Is UVXY a decent exchange-traded fund (ETF)? UVXY may appear […]