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VIX and SXVY question

Hello! New member here. I am long the SXVY which is the Proshares Short VIX Short-Term ETF, but it isn't behaving the way I thought it would when I bought in several days ago. (After the huge crash.) Earlier this morning, the VIX was down 4%, but the SXVY was also down about 1%. Since it is the inverse (supposedly) of the VIX, what's up with that? Anyone on here have experience with this ETF? Thanks for your help!


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