There are not too many ETFs that we are harshly critical of. Sure, most may not be designed to generate alpha, but they all seem to have a good target audience. ProShares Ultra VIX Short-Term Futures ...
UVXY is a leveraged VIX Futures ETF designed to gain exposure to the volatility of S&P 500 options. The construct of this ETF is not favorable to "buy" to hedge your portfolio for the long term. Built ...