VIXI

📎 Investment Objective

The Defiance Enhanced Long Vol ETF (VIXI) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Solactive Enhanced Long Volatility Index.

✨ Key Features

• Provides exposure to volatility in the U.S. equity market through futures and derivatives
• Seeks to generate positive returns when market volatility rises
• Actively managed fund that adjusts exposures based on market conditions
• Relatively new fund with limited performance history

⚠️ Primary Risks

• Volatility risk - The fund's returns are tied to the performance of volatile derivatives, which can experience large swings in value
• Leverage risk - The use of derivatives can magnify gains and losses
• Liquidity risk - Reduced liquidity in derivatives markets during times of stress
• Tracking error risk - The fund may not perfectly track its underlying index

👤 Best For

This ETF may be suitable for investors seeking exposure to market volatility as a diversification or hedging strategy, but it carries significant risks and is not appropriate for all investors. It is a complex product best suited for experienced, risk-tolerant investors who understand the nuances of volatility trading.