In a November 27, 2024, Seeking Alpha article on the 2X Long VIX Futures ETF (UVIX) product, I concluded: The UVIX product will turbocharge short-term upside price action in the VIX, but the ETF’s ...
UVIX is not suitable as a long-term holding due to accelerated decay, high expense ratio, and failure to consistently deliver 2x VIX returns. This ETF only partially captures VIX spikes and requires ...