VIXY stock news · ProShares VIX Short-Term Futures ETF
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The VIX dropped more than 21%, causing big losses for volatility ETFs like UVXY and VIXY.
Bad for VIXYVIXY fell about 12% as the VIX dropped, weighing on a fund tied to short-term VIX futures. Investors also withdrew money earlier in November, but those withdrawals came before Monday's drop, and a market sell-off could lift volatility again.