# UVIX (2x Long VIX Futures ETF)

not established · Leveraged ETFs · data as of Sep 11, 2026

Three months to Sep 11, 2026: UVIX returned −48.2% where its own daily promise gave −47.3%, 0.9 points short.

## Key facts

- UVIX, what VIXY did: −25.7%, as of Sep 11, 2026.
- UVIX, what +2 times a day gives: −47.3%, as of Sep 11, 2026.
- UVIX, what the fund returned: −48.2%, as of Sep 11, 2026.
- UVIX, the fund itself cost: −0.9 pts, as of Sep 11, 2026.
- UVIX, expense ratio: not read by ETFIQ, as of Sep 11, 2026.
- UVIX, underlying: VIXY, as of Sep 11, 2026.

## UVIX over each window to Sep 11, 2026

| Window | Fund | VIXY | +2x the move | Difference | VIXY moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −15.6% | −7.8% | −15.7% | +0.1 pts | 33% |
| 3 months | −48.2% | −25.7% | −51.4% | +3.2 pts | 42% |
| 6 months | −77.9% | −48.9% | −97.9% | +20.0 pts | 50% |
| 1 year | −81.2% | −47.1% | −94.3% | +13.1 pts | 56% |
| 3 years | −99.3% | −79.3% | −158.7% | +59.3 pts | 71% |
| Since launch | −100.0% | −94.5% | −189.0% | +89.1 pts | 68% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of VIXY, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +1.87 times, against +2 stated | ETFIQ |
| Underlying | VIXY | ETFIQ |
| Segment | asset class, volatility | ETFIQ |
| Expense ratio | not read by ETFIQ | ETFIQ |
| Launched | Mar 30, 2022 | ETFIQ |
| Underlying volatility over the window | 42% annualized | ETFIQ |

## Questions

### Did UVIX return +2 times VIXY?

Over the window to Sep 11, 2026, VIXY moved −25.7% and UVIX returned −48.2%. 2 times that move is −51.4%, so the fund came out 3.2 points ahead of it.

### Why does UVIX not return +2 times over a year?

Because it resets daily. UVIX aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.


## Cite this page

ETFIQ, UVIX, data as of Sep 11, 2026. https://etfiq.com/funds/UVIX
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/UVIX  ·  JSON: https://etfiq.com/funds/UVIX.json