Name of ETF: ProShares Short VIX Short-Term Futures ETF
Benchmark Index: S&P 500 VIX Short-Term Futures Index
Ticker Symbol: SVXY
Daily Target: -1x (inverse daily performance of index).
Short ETF: This ETF attempts to produce investment results in the opposite direction of the index. If the &P 500 VIX Short-Term Futures Index goes up, the ETF is designed to go down. If the &P 500 VIX Short-Term Futures Index goes down, the ETF is designed to go up.
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