(UVIX) 2x Long VIX Futures - Overview
Etf: Long Vix Futures, Daily Roll
| Risk 5d forecast | |
|---|---|
| Volatility | 165% |
| Relative Tail Risk | -20.5% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.38 |
| Alpha | -6.81 |
| Character TTM | |
|---|---|
| Beta | -6.640 |
| Beta Downside | -8.770 |
| Drawdowns 3y | |
|---|---|
| Max DD | 99.79% |
| CAGR/Max DD | -0.86 |
Description: UVIX 2x Long VIX Futures December 26, 2025
The UVIX index tracks the daily returns of a synthetic portfolio that holds long positions in the first- and second-month VIX futures contracts. Each day the portfolio is rolled to preserve a constant two-month maturity, and the index value is derived from the average futures price observed between 3:45 p.m. and 4:00 p.m. ET, with the final calculation posted at 4:00 p.m. ET.
Key quantitative points to consider: (1) UVIX is a 2× leveraged ETF, so its exposure to VIX movements is doubled, amplifying both gains and losses; (2) the fund’s expense ratio is roughly 0.95 % annually, which can erode returns especially in a flat-volatility environment; (3) performance is heavily driven by the term structure of VIX futures-contango (futures priced above spot) typically creates roll-decay, while backwardation can produce positive roll yield. Recent data (as of Q3 2024) show an average daily volume of ~150 k shares and assets under management of about $150 million, but these figures fluctuate with market sentiment.
For a deeper, data-rich breakdown of UVIX’s risk-return profile, you may find the analytics on ValueRay useful.
What is the price of UVIX shares?
Over the past week, the price has changed by -0.51%, over one month by +6.93%, over three months by -43.82% and over the past year by -79.07%.
Is UVIX a buy, sell or hold?
What are the forecasts/targets for the UVIX price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 5.7 | -2.7% |
UVIX Fundamental Data Overview February 02, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 385.1m USD (385.1m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 385.1m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 385.1m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = -18.55% (negative - check inputs) (E(385.1m)/V(385.1m) * Re(-18.55%) + (debt-free company))
Discount Rate = 9.60% (= Risk Free + ERP)
Fair Price DCF = unknown (Cash Flow 0.0)