Short Volatility Long Tech
Top Holdings:
Overview
What is the Short Volatility Long Tech ETP?
The Short Volatility Long Tech Investment Strategy seeks to profit from the volatility curve (as measured by the VIX short-term futures) being usually in “contango”. To do so, it will aim to assume (A) a long position in the Invesco QQQ Trust, Series 1 (“QQQ”) and (B) a short position on the iPath® Series B S&P 500® VIX Short-Term Futures™ ETNs (“VXX”) of at least 15%. “Contango” refers to a situation in which futures contracts with further expiries are more expensive than futures contracts with shorter expiries.
Profit from “contango”
During “normal” market conditions, the short-term VIX futures are usually in “contango” and will lose value with each passing day if the VIX index does not increase. In this state, shorting ETPs that continuously roll VIX futures contract at expiration futures (such as VXX) is expected to generate profits.
Convenience
In a single trade, get exposure to a strategy that aims to profit from both (i) the appreciation of the QQQ and (ii) the decay of VIX futures, without the hassle of rolling and maintaining volatility futures or options.
Trustworthy
1. Trusted and experienced management team. 2. Offered in USD, EUR and GBP. 3. The cash proceeds from shorting volatility yield a return.
NAV as of 12 Oct 2026
$49.98
52 WK: $33.45 – $50.86
1 Day NAV Change
-0.26 (-0.52%)
as of 12 Oct 2026
NAV Total Return
YTD: 24.58%
as of 12 Oct 2026
AUM
$3,398,623
as of 12 Oct 2026
Holdings
Full Holdings (.csv)Listings & Tickers
Key Facts
Investment Advisor
- Company Name
- Investor Relations
- Compliance Contact
- Company Website
- Contact
- Regulator
Structure
- Structure
- ETP
- Domicile
- Ireland
- Replication Method
- Physical
- Dividends
- Reinvested
- Underlying Asset
- QQQ, Short VXX and Cash
- Target Weights
- Target WeightsShort Volatility: Higher of (i) 15% or (ii) exposure to VXX on the last valuation Date of the immediately preceding calendar quarter QQQ: 100%
- Rebalance Frequency
- Quarterly. The Portfolio Administrator has discretion to rebalance at any time if the short exposure to volatility exceeds 35%.
Fees
- Annual Management Fee
- 1.00%
- Interest Paid On Cash Balances
- Fed Funds Effective
(Overnight Rate) -1%
- Performance Fee
- 10%
- Share Creation Fee
Tax & Legal
- ISA
- Eligible
- SIPP
- Eligible
- UK Fund Reporting Status
- Yes (effective 15/05/2023)
- US IRS Sec 871(m)
- Not applicable
- Today's Borrow Rate
- 4.02%
Passported Countries:
United Kingdom
Italy
Germany
France
Spain
Netherlands
Ireland
Poland
Belgium
Sweden
Norway
Austria
* The information on this website regarding UK Fund Reporting Status is accurate as of the stated effective date (the "Effective Date"). Leverage Shares makes no representation or warranty that such information will remain accurate, complete or current thereafter, assumes no obligation to update it, and, to the fullest extent permitted by applicable law, accepts no responsibility or liability for any inaccuracies or omissions arising after the Effective Date.
Key Services Providers
- Issuer
- Leverage Shares plc
- Arranger
- Leverage Shares Management Company Limited
- Trustee
- Apex Corporate Trustees (UK) Limited
- Issuing and Paying Agent
- U.S. Bank Europe DAC
- Registrar
- U.S. Bank Europe DAC
- Portfolio Administrators
- Flexinvest Limited
- Stock Borrowing Provider and Custodian
- Interactive Brokers LLC, Morgan Stanley & Co. LLC and/or Pershing LLC
- Determination Agent
- Calculation Agent Services LLC
- Initial Authorised Participant
- BNP Paribas Arbitrage S.N.C.,Virtu Financial Ireland Limited, Flow Traders and others
- Sponsor
Frequently Asked Questions about the Short Volatility Long Tech ETP
- London Stock Exchange: SVLT (USD), LTSV (GBP)
- Deutsche Börse Xetra: SVLT (EUR)
