FUND & INDEX DESCRIPTION
The 2x Long VIX Futures ETF (Ticker: UVIX) seeks to provide daily investment results, before fees and expenses, that correspond generally to twice the performance of the Long VIX Futures Index (Ticker: LONGVOL).
- The Long VIX Futures Index expresses the daily performance of a theoretical portfolio of first and second month VIX futures contracts that are rolled daily. The Index determines its daily settlement price from the Time Weighted Average Price (TWAP) of its theoretical portfolio over the last 15 minutes of the regular equity trading session.
As of 5/31/2022
|Date||Account||StockTicker||CUSIP||Description||# of Units||Price||Notional||Weightings||NetAssets||SharesOutstanding||CreationUnits||MoneyMarketFlag||PricingISO||AssetClass||AssetType|
|31/05/2022||UVIX||UXM2 Index||UXM2 INDEX||CBOE VIX FUTURE Jun22||1,327.00||0.27||35,842,270.00||113.58%||31,557,132||1,860,000||186||USD||Future - Index||Future - Index|
|31/05/2022||UVIX||UXN2 Index||UXN2 INDEX||CBOE VIX FUTURE Jul22||965.00||0.28||27,251,600.00||86.36%||31,557,132||1,860,000||186||USD||Future - Index||Future - Index|
|31/05/2022||UVIX||Cash&Other||CASH_USD||Cash & Other||31,550,575.20||1.00||31,550,575.20||99.98%||31,557,132||1,860,000||186||Y||USD||CASH||CASH|
Past performance is not necessarily indicative of future results.
An investor should consider investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other information. Read the prospectus carefully before investing. An investment in the Fund involves risk, including possible loss of principal. The material available on this site is not an offer or solicitation of any kind to buy or sell any securities outside of the United States of America.
Shares (UVIX) in the ETF or pool (2x Long VIX Futures ETF) may be purchased and sold on the CBOE BZX. The Fund is a series of the VS Trust (“Trust”), a Delaware statutory trust organized on October 24, 2019. The Fund is managed and controlled by the Sponsor, Volatility Shares LLC. The Sponsor is registered as a commodity pool operator (“CPO”) and is a member of the National Futures Association (“NFA”).
Investing in VIX futures contracts subjects UVIX to the risks of the VIX futures and affiliated markets, and this could result in substantial fluctuations in the price of UVIX’s Shares. The Fund may be highly volatile and generally is intended for short-term investment purposes only. Due to the compounding of daily returns, the Fund’s returns over a period longer than a single day will likely differ in amount and possibly even direction from the VIX or a portfolio of short-term VIX futures contracts over the same period. You could potentially lose the full principal value of your investment within a single day. Unlike mutual funds, UVIX generally will not distribute dividends to Shareholders.
Investors may choose to use UVIX as a means of investing indirectly in VIX futures contracts and there are risks involved in such investments and activities. The Sponsor has limited experience in operating a commodity pool, which is defined as an enterprise in which several individuals contribute funds in order to trade futures or futures options collectively.
Futures generally are volatile and are not suitable for all investors.
UVIX is not a mutual fund or any other type of Investment Company within the meaning of the Investment Company Act of 1940, as amended, and is not subject to regulation thereunder.
Shares of the UVIX are not FDIC insured, may lose value, and have no bank guarantee.
All supporting documentation will be provided upon request.
Foreside Fund Services, LLC is the marketing agent for UVIX.
© 2022 VOLATILITY SHARES LLC. All rights reserved.