--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/40237596.md" description: "$2x Long VIX Futures ETF(UVIX.US)VIX = average single-stock volatility × average correlation coefficient between stocksThe current decline in VIX is due to the decreasing correlation coefficient, resulting in lower calculated values. Recently, the correlation between market gains and losses has been weak, but this doesn't mean there's no risk (volatility).Therefore, if a major risk emerges later, VIX at this level is bound to spike (there's no such thing as a long-term decline followed by a slow rise, including for indices). If it rises, it will be a sharp rise, but the timing is unknown. You can position yourself appropriately, combined with specific news events." datetime: "2026-04-27T20:53:39.000Z" locales: - [en](https://longbridge.com/en/topics/40237596.md) - [zh-CN](https://longbridge.com/zh-CN/topics/40237596.md) - [zh-HK](https://longbridge.com/zh-HK/topics/40237596.md) author: "[新用戶_dLcvRX](https://longbridge.com/en/profiles/22978229.md)" --- # $2x Long VIX Futures ETF(UVIX.US)VIX = average sin… ### Related Stocks - [UVIX.US](https://longbridge.com/en/quote/UVIX.US.md) - [SPY.US](https://longbridge.com/en/quote/SPY.US.md) - [SVXY.US](https://longbridge.com/en/quote/SVXY.US.md) - [UVXY.US](https://longbridge.com/en/quote/UVXY.US.md) - [S27.SG](https://longbridge.com/en/quote/S27.SG.md) ## Comments (1) - **新用戶_dLcvRX · 2026-04-27T20:58:54.000Z**: I took a look at the option price of UVIX. Even for those with a relatively distant exercise date, the premium isn't particularly high. It's okay to hold some and see. From a financial perspective, theoretically, one should deploy puts on broad-based indices for hedging. However, in practical operat