ConvexityShares 1X SPIKES Futures ETF

SPKX is a US Equities ETF. ConvexityShares 1x SPIKES Futures ETF track the SPIKES Futures Short-Term Index. The Fund is not actively managed by traditional methods (e.g., by effecting changes in the composition of a portfolio on the basis of judgments relating to economic, financial and market conditions with a view toward obtaining positive results under all market conditions). Each Fund seeks to remain fully invested at all times in Financial Instruments and money market instruments that, in combination, provide exposure to the Index consistent with its investment objective, even during periods in which the Index is flat or moving in a manner which causes the value of a Fund to decline.

SPKX tracks the SPIKES Futures Short-Term Index.

No, SPKX is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, SPKX is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on SPKX is -0.1053%. This is the percent change in the value of SPKX over the most recent 1-month period. The 3-month return on SPKX is -0.1434%. This is the percent change in the value of SPKX over the most recent 3-month period.

The standard deviation of SPKX for the past year is 0.5092%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to SPKX include SPKY, PKW, and DIVO.

ETFs correlated to SPKX include UVIX, UVXY, and VIXY.

ETFs that are inversely correlated to SPKX include SVIX, SVXY, and LGRO.