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ProShares VIX Mid-Term Futures ETF (VIXM)

Trading--Miscellaneous | Exchange Traded Fund | Cboe US
14.37 USD -0.01 (-0.097%) ⇩ (July 14, 2026, 10:04 a.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 3:29 a.m. EDT

The ProShares VIX Mid-Term Futures ETF is currently a pure volatility play with no income component. Fundamentally, the instrument is neutral; the underlying VIX index has shown a mixed multi-year history with significant drawdowns offset by spikes, resulting in a flat-to-slightly-negative long-term trajectory. The recent price action shows the asset trading near its 52-week lows, failing to recover from previous peaks, which indicates a lack of sustained bullish momentum. However, the options market tells a different story for the immediate future: there is massive positioning for a volatility spike. Traders are buying protection and bets on high readings well above current levels, driven by headlines regarding geopolitical instability. This creates a tactical opportunity for short-term hedging or speculative plays on fear, but it offers no rationale for a long-term buy-and-hold strategy given the inherent decay of volatility futures and the absence of dividends.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.028193
AutoARIMA0.029816
AutoTheta0.029913
AutoETS0.030525

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 51%
H-stat 68.26
Ljung-Box p 0.000
Jarque-Bera p 0.062
Excess Kurtosis -0.14

As of July 11, 2026, 3:29 a.m. EDT: Speculators are positioning for elevated volatility rather than directional moves. Call Open Interest is heavily skewed toward strikes significantly above the current price (e.g., 30, 34, 35), while Put Open Interest clusters around the money and slightly out-of-the-money. This distribution suggests a 'straddle' or 'strangle' bias where traders are betting on a spike in the VIX index due to geopolitical risks, rather than a specific crash or rally in the ETF itself.


Info Dump

Attribute Value
All Time High 380.0
All Time Low 13.68
Ask 14.35
Ask Size 700
Average Daily Volume10 Day 198,200
Average Daily Volume3 Month 268,442
Average Volume 268,442
Average Volume10Days 198,200
Beta3 Year 33.64
Bid 14.33
Bid Size 500
Category Trading--Miscellaneous
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 14.37
Day Low 14.3306
Dividend Yield 0.0
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 15.2522
Fifty Day Average Change -0.88619995
Fifty Day Average Change Percent -0.05810309
Fifty Two Week Change Percent -14.149255
Fifty Two Week High 17.72
Fifty Two Week High Change -3.3539991
Fifty Two Week High Change Percent -0.1892776
Fifty Two Week Low 14.17
Fifty Two Week Low Change 0.1960001
Fifty Two Week Low Change Percent 0.013832047
Fifty Two Week Range 14.17 - 17.72
First Trade Date Milliseconds 1,294,151,400,000
Five Year Average Return -0.1440061
Full Exchange Name Cboe US
Fund Family ProShares
Fund Inception Date 1,294,012,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund seeks to meet its investment objective, by taking long positions in VIX futures contracts. It will also hold cash or cash equivalents such as U.S. Treasury securities or other high credit quality, short-term fixed-income or similar securities (such as shares of money market funds) as collateral for Financial Instruments and pending investment in Financial Instruments.
Long Name ProShares VIX Mid-Term Futures ETF
Market us_market
Market State REGULAR
Max Age 86,400
Message Board Id finmb_117792623
Nav Price 14.329
Net Assets 40,292,380.0
Net Expense Ratio 0.92
Open 14.3
Phone 240-497-6400
Previous Close 14.38
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.013999939
Regular Market Change Percent -0.09735701
Regular Market Day High 14.37
Regular Market Day Low 14.3306
Regular Market Day Range 14.3306 - 14.37
Regular Market Open 14.3
Regular Market Previous Close 14.38
Regular Market Price 14.366
Regular Market Time 1,784,037,876
Regular Market Volume 14,172
Short Name VIX Mid-Term Futures ETF
Source Interval 15
Symbol VIXM
Three Year Average Return -0.101579905
Total Assets 40,292,380
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -16.77123
Trailing Three Month Returns -16.77123
Triggerable 1
Two Hundred Day Average 15.74965
Two Hundred Day Average Change -1.3836498
Two Hundred Day Average Change Percent -0.08785273
Type Disp ETF
Volume 14,172
Yield 0.0
Ytd Return -5.99698