Fund Description
The investment seeks to replicate, net of expenses, twice the return of the S&P 500 VIX Short-Term Futures index for a single day. The index measures the movements of a combination of VIX futures and is designed to track changes in the expectation for one month in the future. The VIX is a commonly followed measure of the expected volatility of the S&P 500 over the next 30 days. However, since VIX is not directly investable, exposure to equity volatility is often obtained though VIX futures.
Fund Snapshot Updated 05.23.2013
| Previous Close | $6.08 | Expense Ratio | 0.95% |
| YTD Return | 70.8% | Avg. 30-Day Volume | 29,461,661 |
| 1-Year Return | 96.9% | Market Cap | Loading... |
| Bid | $6.11 | Shares Outstanding | 62,108,000 |
| Ask | $6.12 | Dividends | $0.00 |
