The ProShares PROSHARES VIX SHORT-TERM FUTURES ETF (VIXY) is an exchange-traded fund (ETF) that seeks daily investment results, before fees and expenses, of -100% (inverse) of the daily performance of the its benchmark index. The fund is managed by ProShares and was launched in an undisclosed date.

The fund tracks a benchmark index that defines the universe of eligible securities according to its published methodology.

VIXY is an inverse ETF that uses derivatives to produce returns opposite to its benchmark index. It is designed for short-term trading and carries significant risk if held longer than one day.