ProShares VIX Mid-Term Futures ETF

Frequently Asked Questions About VIXM

What does VIXM invest in?

The Fund seeks to provide investment results (before fees and expenses) that match the performance of the S&P 500 VIX Mid-Term Futures Index. The Fund intends to obtain exposure to its Index by investing in VIX futures contracts and will also hold cash or cash equivalents.

What is the expense ratio of VIXM?

ProShares VIX Mid-Term Futures ETF (VIXM) charges an expense ratio of 0.85%. This is the annual fee deducted from fund assets to cover management and operations.

How big is VIXM?

ProShares VIX Mid-Term Futures ETF (VIXM) manages $55.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is VIXM actively managed or an index fund?

VIXM is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (VIXM's is 0.85%) because there's no security selection cost.

When was VIXM launched?

ProShares VIX Mid-Term Futures ETF (VIXM) launched in January 2011 and is managed by ProShares.

How has VIXM performed?

VIXM's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.