Brendan Caldwell2x Long VIX Futures ETFUVIX-CBOERISKYSep 24, 2026

Leveraged way to play the volatility index. If you're buying, you're betting that volatility is going to spike.

Note that if you own any leveraged ETF for a long period of time, it's going to tend to deteriorate in price. Like the ante on a poker game, it's the cost to playing every single day. If you believe that the world is going a lot worse sometime very soon, this is an interesting way to play that.

When the VIX spikes, it really spikes. So you can see a very large price swing. But if nothing bad happens in the foreseeable future, you'll likely see the price whittle down.