SVXY

SVXY is an exchange-traded fund (ETF) that aims to provide inverse exposure to the S&P 500 VIX short-term futures index, meaning it typically gains value when market volatility decreases. It is designed for traders seeking to profit from or hedge against declines in market volatility, which often rises during market downturns. By investing in SVXY, investors are effectively betting against spikes in volatility, offering a way to diversify strategies that benefit from calmer market conditions. However, due to the compounding effects of daily resets, SVXY can be volatile itself and should be used with understanding of its risks.