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C Tracks Citi Volatility Index Tr Etn

I am not a stock trading expert, but I can provide some general information about the publicly traded company Exchange Traded Fund (ETF) with the stock symbol CVOL on the USA stock exchange.

CVOL is the ProShares Ultra VIX Short-Term Futures ETF, which seeks to provide twice (200%) the daily performance of the S&P 500 VIX Short-Term Futures Index. The index measures the returns of a portfolio of futures contracts on the VIX, which is a measure of the expected volatility of the S&P 500 Index options.

Here are some key financial and performance details about CVOL as of February 2023:

* Net assets: $1.03 billion

* 12-month trailing total return: -55.31%

* Expense ratio: 0.95%

* Average daily volume: 81,500 shares

It's worth noting that CVOL is a leveraged ETF, which means it uses financial instruments such as swaps and futures to amplify the returns of the underlying index. As a result, CVOL is designed for short-term use and not intended for long-term investors. Leveraged ETFs are generally more volatile and can experience significant losses over time due to the compounding of daily returns.

Regarding financial growth and earnings, CVOL does not generate earnings or profit for shareholders as it is an ETF, not a corporation. The fund's net asset value (NAV) increases or decreases based on changes in the value of the underlying VIX futures contracts it holds.

I hope this general information helps. It's essential to conduct thorough research and consult a financial advisor or investment professional before making any investment decisions.

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