ProShares has launched the first ETFs in the United States to provide magnified or inverse exposure to VIX futures.

The ProShares Ultra VIX Short-Term Futures ETF seeks to provide 2x the daily performance of the S&P 500 VIX Short-Term Futures Index. The ProShares Short VIX Short-Term Futures ETF seeks to provide -1x the daily performance of the same index.

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