However, VIXY's value tends to decay over time due to the contango effect in VIX futures, making it more suitable for short-term trades rather than long-term holdings. Investors should be aware ...

Simplify Volatility Premium ETF (SVOL) gives a 15.25% yield through short-term VIX futures with tail hedging. Read more on ...

This is because, most of the time, the VIX futures market trades in a condition known as contango, a situation where the near-term futures are cheaper than the long-term futures contracts.