# ProShares Ultra VIX Short-Term Futures ETF (UVXY)

> Source: Nexqual · https://nexqual.com/UVXY · data as of 2026-10-23 14:16 UTC · cite as "Nexqual, ProShares Ultra VIX Short-Term Futures ETF (UVXY), nexqual.com/UVXY" · informational, not investment advice.

**Price:** USD 19.6 (+6.44% today) · US market open, as of October 23, 2026 at 14:16 UTC; quotes may be delayed. Prev close 18.41 · day 19.08–19.61 · 52w 15.69–68.48 · market cap null · BTS

## Key facts
- Total return with dividends: 1Y -62.5% vs S&P 500 +14.4%; 5Y -99.5% vs S&P 500 +77.0%.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Net income | -$1.68B | $95.8M | -$2.48B | -$39.4M | $1.71B | $389M |
| Cash + short-term investments | $1.47B | $2.28B | $2.60B | $2.58B | $3.25B | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)


## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -62.5% | -99.5% |
| S&P 500 (SPY) | +14.4% | +77.0% |
| Per year | -62.5% | -65.7% |
| Volatility (annualized) | 80.7% | 84.8% |
| Max drawdown | -75.7% (Nov 2025→Oct 2026) | -99.7% (Nov 2021→Oct 2026) |

## Peers
VXX (iPath Series B S&P 500 VIX Shor) USD 19.27 +4.25% · SVXY (ProShares Short VIX Short Term ) USD 60.64 -2.16% · SQQQ (ProShares UltraPro Short QQQ) USD 39.68 +0.19% · TQQQ (ProShares UltraPro QQQ) USD 66.32 -0.16% · NUGT (Direxion Daily Gold Miners Inde) USD 119.38 -5.13%

## More
Full page: https://nexqual.com/UVXY · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Revenue by business segment (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Proshares Ultra Silver | $15.6M | 31.4% | +155.5% |
| Proshares Ultra Short Bloomberg Crude Oil | $9.1M | 18.2% | +669.6% |
| Proshares Ultra Gold | $7.8M | 15.7% | +51.8% |
| Proshares Ultra Bloomberg Crude Oil | $3.7M | 7.5% | +15.6% |
| Proshares Ultra Bloomberg Natural Gas | $3.1M | 6.2% | +47.3% |
| Proshares Ultra Vix Short Term Futures Etf | $2.5M | 5.0% | -11.0% |
| Proshares Short Vix Short Term Futures Etf | $1.7M | 3.4% | -54.5% |
| Proshares Vix Short Term Futures Etf | $1.6M | 3.2% | +33.9% |
| Proshares Ultra Short Bloomberg Natural Gas | $1.3M | 2.5% | -68.0% |
| Proshares Ultra Short Silver | $1.1M | 2.2% | +388.7% |
| Proshares Ultra Short Gold | $927,274 | 1.9% | +30.1% |
| Proshares Vix Mid Term Futures Etf | $416,705 | 0.8% | +92.0% |
| Proshares Ultra Yen | $340,254 | 0.7% | -41.4% |
| Proshares Ultra Short Euro | $330,295 | 0.7% | +8.9% |
| Proshares Ultra Short Yen | $266,435 | 0.5% | +27.6% |
| Proshares Ultra Euro | $47,346 | 0.1% | -31.0% |
| Total revenue | $49.7M | 100% | — |

## Options: expected move (Cboe, 15-min delayed)

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-10-30 | 7 | 129.8% | ±14.5% |
| 2026-11-06 | 14 | 125.2% | ±19.6% |
| 2026-11-13 | 21 | 125.4% | ±24.0% |
| 2026-11-20 | 28 | 122.3% | ±26.8% |
| 2026-11-27 | 35 | 111.3% | ±27.3% |
| 2026-12-04 | 42 | 124.1% | ±33.2% |
| 2026-12-18 | 56 | 117.3% | ±36.2% |
| 2027-01-15 | 84 | 118.1% | ±44.2% |