Seeking specifics on SVXY construction

Discussion in 'ETFs' started by stepandfetchit, Jun 8, 2017.

  1. I am trying to understand how SVXY price is impacted thru the VIX Futures change-over each month. This should be in the Prospectus, but my eyes glaze over before I find the "beef". I have a rough understanding of the changing ratio of short Front month /VX to short next month /VX, but there seems to be a tweak or resizing that also occurs that I would like to understand.
    Preferably if someone could point me to the page and paragraph of the detail for this within the Prospectus, I will be most grateful.
    Pardon my ignorance for Prospectus data extraction!
     
  2. i960

    i960

  3. Wow! Thanks!
    I'll be chewing on this for a bit!

    Many thanks! :)
     
  4. i960: Thanks. I knew I had seen that before, but my memory keeps leaking out somewhere!

    Many thanks for you guys helping an old forgetful fart.
     
    tommcginnis likes this.