Wed, Nov 13, 10:40 PM (127 days ago)
For the quarter ending September 30, 2024, VS Trust's -1x Short VIX Futures ETF (SVIX) and 2x Long VIX Futures ETF (UVIX) reported significant financial activity. SVIX's net assets increased to $317,664,759 from $166,997,854, while UVIX's net assets rose to $166,997,854 from $69,664,996. The funds faced challenges, with SVIX experiencing a net loss of $30,749,661 primarily due to unrealized losses on futures contracts, while UVIX reported a loss of $6,092,035. Investment income surged for SVIX, reaching $1,893,485 compared to $86,183 in Q3 2023. UVIX's income also rose to $407,680 from $257,541. Notably, both funds saw increased capital share transactions, with SVIX raising $546,031,939 and UVIX $232,642,352. The funds are subject to market volatility risks and leverage, which increases potential losses. As of September 30, 2024, SVIX held short futures contracts with notional values of $177,830,720 and $139,804,980, while UVIX held long futures contracts valued at $187,044,160 and $147,042,840. The funds' future performance remains uncertain due to market conditions and regulatory factors affecting their investment strategies.