8 unchanged sentences
each Fund’s Financial Instruments.
−Removed: As of June 30, 2022, each of the Fund’s positions were as follows:
+Added: As of September 30, 2022, each of the Fund’s positions were as follows:
-1x Short VIX Futures ETF
−Removed: As of June 30, 2022, SVIX was exposed to inverse
−Removed: equity market volatility risk through its holding of VIX futures contracts.
−Removed: The following table provides information about the Fund’s
−Removed: positions in VIX futures contracts as of June 30, 2022, which were sensitive to equity market volatility risk.
+Added: As of September 30, 2022, SVIX was exposed
+Added: to inverse equity market volatility risk through its holding of VIX futures contracts.
+Added: The following table provides information about
+Added: the Fund’s positions in VIX futures contracts as of September 30, 2022, which were sensitive to equity market volatility risk.
Futures Positions as
−Removed: of June 30, 2022
+Added: of September 30, 2022
Long or Short
−Removed: Notional Amount
VIX Futures (Cboe)
1 unchanged sentence
VIX Futures (Cboe)
+Added: November 2022
(22,053,090 )
14 unchanged sentences
2x Long VIX Futures ETF
−Removed: As of June 30, 2022, UVIX was exposed to equity
−Removed: market volatility risk through its holding of VIX futures contracts.
−Removed: The following tables provide information about the Fund’s positions
−Removed: in these Financial Instruments as of June 30, 2022, which were sensitive to equity market volatility risk.
+Added: As of September 30, 2022, UVIX was exposed
+Added: to equity market volatility risk through its holding of VIX futures contracts.
+Added: The following tables provide information about the Fund’s
+Added: positions in these Financial Instruments as of September 30, 2022, which were sensitive to equity market volatility risk.
Futures Positions as
−Removed: of June 30, 2022
+Added: of September 30, 2022
Long or Short
1 unchanged sentence
VIX Futures (Cboe)
+Added: $ 113,228,400
VIX Futures (Cboe)
+Added: November 2022
The futures notional values are
12 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.