BETAPRO SP500 VIX ST FTRS 2X DLY BULL T.HVU

BetaPro S&P 500 VIX Short-Term Futures™ Bull+ ETF

[smartfinish]

why is it not twice the index ?
when i'm in and vix up 1 to 1
when vix down 2 to 1

very disapointing and unfair !

can anybody explain why ?

Bull+ ETF ? only down not up

major scam

[relativenewby1]

Not a scam - best to read the prospectus and understand exactly what you're investing in or best not bother. https://www.horizonsetfs.com/horizons/media/pdfs/prospectus/Volatility_Prospectus.pdf

[borrowedlife]

Relative /donrasta, how u guys doing, I've been spot on with my trades today over $2k profits and still going st it, GLTU guys

[relativenewby1]

Borrowed - great job as nice to hear of the sucesses! No action in HVU today as didn't hit my $30 buy. Had a few hundred of LABU that got triggered this morning at $18.50 and already out for the day with my norrmal 8% preset sell as like some of the triple ETF to dabble with as well. Not as big a fan of the US since TD wacks you with the exchange premium but any gain is a good one. Good

[relativenewby1]

Morning Borrowed/donrasta Hope you guys are having another great day. Hit my buy of $30 this morning and out now at $33 for 10% so sitting on the sidelines for the rest of the day. Have to say day trading this is really enjoyable the past few weeks! GLTA

[smartfinish]

Horizons HVU is designed to provide daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to twice the daily performance of the S&P 500 VIX Short-Term Futures Index™ where is the twice upward and know downward it's twice cheers

[relativenewby1]

Morning smartfinish You're correct if this was only one contract would expect double either way. What I found useful to help figure this out is the explanation of contango and backwardation. https://tradinggods.net/what-is-vix/contango-and-backwardation/ The problem with these reverse ETF's is the odds are somewhat stacked against you for buying high/selling low as the normal action

[smartfinish]

Today for a change( hvu) was twice the index today... "The problem with these reverse ETF's is the odds are somewhat stacked against you" Yes i agree with you  cheers