Sep. 05, 2025 4:40 AM ET2x Long VIX Futures ETF (UVIX)UVIXElizabeth Pramila135 FollowersUVIX is not suitable as a long-term holding due to accelerated decay, high expense ratio, and failure to consistently deliver 2x VIX returns.This ETF only partially captures VIX spikes and requires vigilant monitoring, making it best used as a tactical, short-term tool during volatility surges.Negative roll yield in contango and volatility drag further erode returns, while the market's resilience to volatility spikes limits UVIX's effectiveness.I rate UVIX a hold; it may serve as a temporary hedge during sharp VIX spikes, but is not my preferred vehicle for rising volatility.PhanuwatNandee/iStock via Getty ImagesFollowing my recent article on ProShares Short VIX Short-Term Futures ETF (SVXY), which shorts (VIX) futures a month out and rolls over the contracts on a daily basis with an objectiveThis article was written byElizabeth Pramila135 FollowersA freight forwarding professional with over 20 years in the industry, I am an enthusiastic market participant with a flair for picking gems from the general rubble. My industry experience has given me insights into human behavior, investment psychology, and the need to make money work for you instead of against you. My ideas on investing are often contrarian, and the level of due diligence I apply to each of my research projects give my audience the right information at the right time.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Comments