UVIX and SVIX NAVs plunge as updated performance data shows steep losses

Filed October 7, 2026 · Compared to S-1 Aug 17, 2026 · ~1 min read

Key Changes

• high

  UVIX net asset value fell from $295.1M to $180.4M, with NAV per share dropping from $61.68 to $39.26.

  Risk Factors: UVIX fund metrics verify on EDGAR →
• high

  SVIX net asset value fell from $200.3M to $144.2M, with NAV per share dropping from $23.88 to $28.35.

  Risk Factors: SVIX fund metrics verify on EDGAR →
• high

  UVIX annual return worsened to -65.53% from -45.87%, reflecting continued losses through August 2026.

  Risk Factors: UVIX monthly and annual returns verify on EDGAR →