UVXY VS ZIV: A Comprehensive Comparison of ETFs
3 min read
By Ron Koren, ETF Insider

UVXY VS ZIV: A Comprehensive Comparison of ETFs

Exchange-Traded Funds (ETFs) have revolutionized the investment world, offering diversified exposure across various sectors and asset classes. In this article, we will delve into a comprehensive comparison between two unique ETFs: UVXY (ProShares Ultra VIX Short-Term Futures ETF) and ZIV (VelocityShares Daily Inverse VIX Medium-Term ETN). We'll explore essential aspects including tickers, full names, issuers, sectors, top holdings, capitalization, strategy, tracking, and exposure.

UVXY VS ZIV: Overview

UVXY and ZIV represent two different strategies within the volatility and VIX (CBOE Volatility Index) space. UVXY is designed to provide double the daily performance of short-term VIX futures, making it suitable for investors expecting heightened market volatility. On the other hand, ZIV aims to deliver the inverse of the daily performance of medium-term VIX futures, catering to those who believe in a more stable market environment.

UVXY VS ZIV: Sectors and Top Holdings

While UVXY and ZIV are related to the same underlying index (VIX), their sector exposure and top holdings differ significantly due to their opposing investment strategies. UVXY's holdings consist of VIX futures contracts, while ZIV's holdings include short positions in the same futures contracts. Understanding these distinctions helps investors make informed decisions based on their market outlook.

UVXY overlap UVXY VS ZIV: A Comprehensive Comparison of ETFsUVXY overlap UVXY VS ZIV: A Comprehensive Comparison of ETFs

UVXY VS ZIV: Capitalization and Strategy

The ProShares family is the issuer behind UVXY, offering investors a way to capitalize on the potential for higher market volatility. ZIV, on the other hand, is issued by VelocityShares and employs a strategy to benefit from decreased volatility levels. The capitalization of these ETFs can provide insights into their popularity and investor sentiment regarding market conditions.

UVXY VS ZIV: Tracking and Exposure

UVXY tracks a leveraged daily index of VIX futures, aiming to magnify the returns of short-term volatility movements. ZIV, as an inverse ETN, seeks to provide the opposite performance of medium-term VIX futures. Both ETFs utilize different tracking mechanisms to achieve their goals, making them suitable for specific market views and risk tolerances.

Conclusion

UVXY and ZIV offer distinct strategies for investors seeking exposure to market volatility and VIX futures. To explore deeper insights into their holdings, correlations, overlaps, and other factors, consider utilizing tools like ETF insider. This user-friendly app provides valuable information on these and other financial instruments, helping investors make well-informed decisions based on their investment objectives and risk preferences.

Disclaimer: This article does not provide any investment advisory services.

Sources:

UVXY ETF issuer
UVXY ETF official page

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