ProShares Trust II (VIXY) SEC Filings

ProShares Trust II disclosed that ProShares VIX Mid-Term Futures ETF (VIXM) will undergo a 1-for-2 reverse split effective before market open on November 19, 2026. Each two pre-split shares will become one post-split share, and the ticker symbol will remain VIXM.

The announcement states that the split will not change the total value of a shareholder’s investment; the per-share price will be twice the pre-split net asset value as the number of shares decreases proportionately. Fractional post-split shares will be redeemed for cash and sent to the shareholder’s broker. That redemption may result in gains or losses and could be a taxable event.