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AI brief of an SEC Form 8-K · VS Trust (UVIX)

VS Trust ends Penserra as UVIX sub-adviser; sponsor takes over portfolio management

Neutral Impact 2 of 5 other Written later

Effective September 16, 2024, Volatility Shares LLC, the sponsor of the 2x Long VIX Futures ETF and -1x Short VIX Futures ETF, terminated Penserra Capital Management LLC as commodity sub-adviser and ended the related sub-advisory agreement. The sponsor will now provide day-to-day portfolio management for the funds, a change in how the funds are run that shareholders should be aware of. The filing does not state a reason for the termination.

Key points

  • Effective date: September 16, 2024
  • Terminated commodity sub-adviser: Penserra Capital Management LLC, with the Commodity Sub-Advisory Agreement ended as of the same date
  • Volatility Shares LLC (the sponsor) now provides day-to-day portfolio management for the 2x Long VIX Futures ETF and -1x Short VIX Futures ETF

The filing

CompanyVS Trust (UVIX)
Form8-K, current report
Filed with the SECSep 16, 2024, 9:00 AM ET
Accession number0001213900-24-078749

Items reported: 8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 16, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.