Dynamic Short Short-Term Volatility Futures ETF

Frequently Asked Questions About WEIX

What does WEIX invest in?

The fund seeks to achieve its investment objective, under normal circumstances, by obtaining investment exposure to an actively managed portfolio of short positions in futures contracts with monthly expirations (“VIX Futures Contracts”), which are based on the CBOE Volatility Index. The advisor expects to primarily take short positions in VIX Futures Contracts by shorting the next two near term VIX Futures Contracts and rolling the nearest month VIX Futures Contract to the next month on a daily basis. The fund is non-diversified.

What is the expense ratio of WEIX?

Dynamic Short Short-Term Volatility Futures ETF (WEIX) charges an expense ratio of 3.62%. This is the annual fee deducted from fund assets to cover management and operations.

How big is WEIX?

Dynamic Short Short-Term Volatility Futures ETF (WEIX) manages $6.6M 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 WEIX actively managed or an index fund?

WEIX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (WEIX's is 3.62%) in exchange for the discretion to over- or under-weight positions.

When was WEIX launched?

Dynamic Short Short-Term Volatility Futures ETF (WEIX) launched in January 2022 and is managed by Dynamic Active.

How has WEIX performed?

WEIX'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.