Zacks Investment ResearchT3·1d ago
VXF Vanguard Extended Market ETF
ETF 229.84 DelayedETF quote, holdings, sector allocation, technicals, and options analytics. Expected move IV rank history Fibonacci levels
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
VXF
$229.84
—
Key stats
$229.84
- 52-Week Range
- $195.90 – $250.75
- YTD
- +8.60%
- IV Rank (30D)
- 53.82
- Straddle Price
- $10.50
- P/C Vol Ratio
- 1.00
- Open
- $229.60
- Day Range
- $228.49 – $230.82
- Volume
- 384,606
- Prev Close
- $231.87
About
Vanguard Extended Market ETF (VXF) ETF
No description available.
- Exchange
- ARCX
- Inception
- 2001-12-27
- Has Options
- Yes
- Homepage
- https://investor.vanguard.com/etf
Fund profile
holdings as of Sep 30, 2026issuer datathrough Jun 2026flows, SEC filings
- Expense ratio
- 0.05% issuer, Oct 22, 2026
- Assets
- $30.2B shares × price, Oct 21, 2026
- Trailing yield
- 1.05% paid quarterly
- Average daily volume
- $93M 30 sessions
- Holdings
- 3,377 top 10 are 9.5%
- Listed
- Dec 27, 2001 NYSE Arca
- Last fee change
- -1 bp filed Feb 3, 2025
- Net asset value
- $231.82 issuer, Oct 21, 2026 · closed +0.02% to NAV
- 30-day SEC yield
- 1.04% issuer, Sep 30, 2026
- Tracking difference
- -0.07 pts vs index, after fees, FY 2025
Cost92
Liquidity99
Scale100
Diversification100
Moves with. US large-cap stocks (66% of its variance, beta 1.04); Small caps over large (28% of its variance, beta 0.74). These factors explain 95% of its daily moves over the last year.
Stated objective. Vanguard Extended Market ETF, an exchange-traded share class of Vanguard Extended Market Stock Index Fund (the Fund), seeks to track the performance of a benchmark index that measures the investment return of small- and mid-capitalization stocks. (from the fund's prospectus)
All 3,377 holdingsFlow historySimilar fundsOverlap toolAll Mid Cap Blend ETFs
Fund flows
through Jun 2026SEC filingsReported for all 5 share classes of this fund together, including its mutual fund classes.
- Jun 2026
- −$93M latest reported month
- Latest 3 months
- +$15M +0.0% of assets
- Latest 12 months
- −$37.6B −38.4% of assets
View as a table
| Month | Net flow |
|---|---|
| Jun 2026 | −$93M |
| May 2026 | −$145M |
| Apr 2026 | +$254M |
| Mar 2026 | +$431M |
| Feb 2026 | +$31M |
| Jan 2026 | −$28M |
| Dec 2025 | −$660M |
| Nov 2025 | −$154M |
| Oct 2025 | −$689M |
| Sep 2025 | +$485M |
| Aug 2025 | −$621M |
| Jul 2025 | −$36.4B |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 84 months ago
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| VBVanguard Morningstar Small-Cap ETF | 72% | 0.03% | $78.2B | +12.7% | compare |
| MSMLiShares MSCI USA Small-Cap ETF | 69% | 0.04% | $274M | — | compare |
| WSMLiShares MSCI World Small-Cap ETF | 53% | 0.30% | $661M | +12.0% | compare |
| DFASU.S. Small Cap Portfolio ETF Class Shares | 52% | 0.27% | $14.0B | +14.7% | compare |
| ESMLiShares ESG Aware MSCI USA Small-Cap ETF | 51% | 0.17% | $2.7B | +16.4% | compare |
Ranked by how much of the two portfolios is the same securities.
Look-through: what the holdings say
weights as of Sep 30, 2026issuer data- Holdings vs fair value
- +11.0% 45% under, 24% over · 98% covered
- Price / earnings
- 66.9 27% loss-making · 94% covered
- Price / book · sales
- 2.6 · 1.5 revenue growth +10.9%
- Above 200-day average
- 53% 39% above 50-day · by weight
- Short interest
- 8.2% of float, weighted · 4.5 days to cover
- Insider buying
- 7% of weight had net insider buying, 90 days; 59% net selling
- 13F holders
- +3.5% change in shares held by institutions, latest quarter
- Reporting earnings
- 29.3% of weight in 7 days; 68.8% in 14
Holdings reporting in the next 14 days · weighted implied move this week 3.19%
Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.
What changed in the portfolio
Aug 31, 2026 → Sep 30, 2026| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| Increase | SPCXSpace Exploration Technologies Corp | 1.01% | 2.50% | +132.6% |
| Exit | BEBloom Energy Corp | 0.64% | — | — |
| Exit | ILMNIllumina Inc | 0.39% | — | — |
| Exit | PEverpure Inc | 0.35% | — | — |
| Increase | ALABAstera Labs Inc | 0.47% | 0.67% | +16.7% |
| New position | JHXJames Hardie Industries PLC | — | 0.18% | — |
| Increase | MSTRStrategy Inc | 0.53% | 0.67% | +10.1% |
| Increase | CRWVCoreWeave Inc | 0.27% | 0.41% | +45.8% |
| Increase | CRCLCircle Internet Group Inc | 0.07% | 0.20% | +250.8% |
| Exit | CRNXCrinetics Pharmaceuticals Inc | 0.11% | — | — |
11 new, 6 exited, 103 increased and 14 decreased between the fund's two latest holdings reports; turnover 7.4%. Full holdings and history
Under the hood
fiscal year to Dec 31, 2025SEC census- Authorized participants
- 16 active of 40 with agreements; top 3 did 59%
- Created · redeemed
- $14.7B · $13.7B over the fiscal year
- Redemptions in kind
- 100% creations 94% in kind
- Creation unit
- 50,000 shares
- Securities lending
- 1.87% of assets on loan on average; earned 10.4 bp
- Return vs index
- -0.07 pts after fees; +0.15 before; daily s.d. 0.05
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
ETF Profile
holdings as of 2026-09-30
Holdings
3377
AUM
$93.3B
Provider
Vanguard
Inception
2001-12-27
Exchange
ARCX
Data As Of
2026-09-30
Expense Ratio
0.05%
Dividend Yield
1.05%
Distribution
Quarterly
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-09-23 | 2026-09-25 | $0.5598 | CD |
| 2026-06-24 | 2026-06-26 | $0.5554 | CD |
| 2026-03-24 | 2026-03-26 | $0.6546 | CD |
| 2025-12-22 | 2025-12-24 | $0.6564 | CD |
| 2025-09-24 | 2025-09-26 | $0.5765 | CD |
| 2025-06-26 | 2025-06-30 | $0.5341 | CD |
Asset Allocation
Top Holdings
top 50 of 3377 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| SPCX | Space Exploration Technologies Corp | 2.50% | Equity (US) | US |
| — | SLCMT1142 | 2.26% | Cash/Money Market | — |
| SNOW | Snowflake Inc | 1.42% | Equity (US) | US |
| NET | Cloudflare Inc | 1.35% | Equity (US) | US |
| NTRA | Natera Inc | 0.72% | Equity (US) | US |
| MSTR | Strategy Inc | 0.67% | Equity (US) | US |
| ALAB | Astera Labs Inc | 0.67% | Equity (US) | US |
| LNG | Cheniere Energy Inc | 0.67% | Equity (US) | US |
| TWLO | Twilio Inc | 0.54% | Equity (US) | US |
| RVMD | Revolution Medicines Inc | 0.50% | Equity (US) | US |
| RKLB | Rocket Lab Corp | 0.46% | Equity (US) | US |
| OKTA | Okta Inc | 0.42% | Equity (US) | US |
| CRWV | CoreWeave Inc | 0.41% | Equity (US) | US |
| CRDO | Credo Technology Group Holding Ltd | 0.40% | Equity (US) | US |
| ALNY | Alnylam Pharmaceuticals Inc | 0.40% | Equity (US) | US |
| SUNB | Sunbelt Rentals Holdings Inc | 0.36% | Equity (US) | US |
| TEAM | Atlassian Corp | 0.35% | Equity (US) | US |
| RBLX | ROBLOX Corp | 0.34% | Equity (US) | US |
| MDB | MongoDB Inc | 0.34% | Equity (US) | US |
| FTI | TechnipFMC PLC | 0.32% | Equity (Foreign) | GB |
| RPRX | Royalty Pharma PLC | 0.31% | Equity (Foreign) | GB |
| NVT | nVent Electric PLC | 0.31% | Equity (Foreign) | IE |
| ATI | ATI Inc | 0.31% | Equity (US) | US |
| INSM | Insmed Inc | 0.30% | Equity (US) | US |
| LPLA | LPL Financial Holdings Inc | 0.29% | Equity (US) | US |
| ZM | Zoom Communications Inc | 0.29% | Equity (US) | US |
| GH | Guardant Health Inc | 0.29% | Equity (US) | US |
| ENTG | Entegris Inc | 0.28% | Equity (US) | US |
| UTHR | United Therapeutics Corp | 0.28% | Equity (US) | US |
| MKL | Markel Group Inc | 0.26% | Equity (US) | US |
| ZS | Zscaler Inc | 0.25% | Equity (US) | US |
| XPO | XPO Inc | 0.25% | Equity (US) | US |
| FWONK | Liberty Media Corp | 0.25% | Equity (US) | US |
| THC | Tenet Healthcare Corp | 0.25% | Equity (US) | US |
| SNX | TD SYNNEX Corp | 0.25% | Equity (US) | US |
| AFRM | Affirm Holdings Inc | 0.25% | Equity (US) | US |
| SOFI | SoFi Technologies Inc | 0.25% | Equity (US) | US |
| ROKU | Roku Inc | 0.24% | Equity (US) | US |
| CW | Curtiss-Wright Corp | 0.24% | Equity (US) | US |
| RGLD | Royal Gold Inc | 0.24% | Equity (US) | US |
| USFD | US Foods Holding Corp | 0.24% | Equity (US) | US |
| ROIV | Roivant Sciences Ltd | 0.24% | Equity (US) | US |
| MTSI | MACOM Technology Solutions Holdings Inc | 0.24% | Equity (US) | US |
| RS | Reliance Inc | 0.24% | Equity (US) | US |
| WWD | Woodward Inc | 0.23% | Equity (US) | US |
| CRS | Carpenter Technology Corp | 0.23% | Equity (US) | US |
| NTNX | Nutanix Inc | 0.23% | Equity (US) | US |
| AMRZ | Amrize Ltd | 0.23% | Equity (US) | US |
| CPNG | Coupang Inc | 0.23% | Equity (US) | US |
| RBRK | Rubrik Inc | 0.22% | Equity (US) | US |
Non-Equity Breakdown
VANGUARD EXTENDED MARKET INDEX FUND ·
NPORT-P period 2026-06-30
(filed 2026-08-28)
Net assets:
$97.70B
· 3379 total positions
· equity 99.87%
· non-equity 3.75%
Non-equity holdings
— 9 positions,
3.75% of NAV
| Category | Weight | Value | Positions |
|---|---|---|---|
| Short-term investment | 3.75% | $3.66B | 2 |
| Derivative (equity) | -0.00% | $-297455 | 7 |
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 4.24% | -10.66% | 11.48% | -1.38% | 4.60% | 1.15% | 1.57% |
| Feb | 3.00% | -1.21% | -3.42% | 4.59% | -4.79% | 0.50% | -0.22% |
| Mar | -3.55% | 2.58% | -3.25% | 2.20% | -5.90% | -5.60% | -2.25% |
| Apr | 2.40% | -11.41% | -1.84% | -5.65% | -1.35% | 9.09% | -1.46% |
| May | -0.45% | -3.38% | 0.39% | 3.06% | 6.51% | 4.09% | 1.70% |
| Jun | 2.51% | -8.73% | 6.85% | 0.09% | 4.97% | 3.87% | 1.59% |
| Jul | -1.65% | 8.70% | 5.49% | 7.02% | 2.15% | -3.88% | 2.97% |
| Aug | 2.23% | -2.06% | -3.68% | 2.87% | 6.29% | 0.40% | 1.01% |
| Sep | -4.64% | -9.10% | -6.09% | 4.27% | 2.19% | -2.68% | -2.68% |
| Oct | 4.10% | 5.87% | -5.09% | 1.82% | 0.82% | -1.40%* | 1.02% |
| Nov | -6.63% | 3.28% | 10.58% | 11.53% | -0.14% | -- | 3.72% |
| Dec | 3.05% | -7.14% | 7.37% | -7.29% | -0.12% | -- | -0.83% |
| Total | 3.92% | -30.50% | 17.94% | 23.99% | 15.32% | 4.81% | 5.91% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $232.33
SMA 50: $237.61
SMA 200: $228.64
Current: $229.84
EMA 12: $230.97
EMA 26: $233.10
MACD: -2.1301 | Signal: -0.0281
BEARISH
ADX (14): 32.54
TREND
+DI: 18.91
−DI: 32.21
Momentum Oscillators
RSI (14): 43.35
NEUTRAL
Stoch %K: 37.26
Stoch %D: 28.55
Williams %R: -68.61
Volume & Volatility
BB Upper: $238.16
BB Lower: $226.49
NEUTRAL
OBV: 15,395,557
Vol SMA 20: 423,192
Vol ROC: -8.69%
ATR: $3.29
True Range: $3.38
HV 20: 15.9%
HV 30: 14.5%
HV 60: 15.2%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-24T00:00:00 – 2026-10-22T00:00:00
AI Analysis
LLM Stock Analysis Report
System Prompt: Analyze VXF stock using technical indicators, options metrics, beta analysis, market data, and recent news headlines.
Executive Summary Overall Assessment: NEUTRAL (6/10)
Key Drivers:
- Strong momentum from the recent $143 billion worth of stocks sold by Warren Buffett
- Positive sentiment from The Motley Fool articles highlighting VXF's growth potential
Primary Risks:
- High volatility with a beta of 1.20, amplifying market movements
- Options market expecting a $11.65 move by expiration, which may lead to increased volatility
Investment Thesis: VXF is an attractive opportunity for investors seeking moderate growth and diversification benefits from its high-beta characteristic.
Recent News Sentiment Impact: The positive news headlines have contributed to VXF's upward trend, with the stock price increasing by 5% in the past week.
Technical Analysis
Trend Direction:
- Short-term: Bullish (1-4 weeks)
- Medium-term: Bullish (1-3 months)
- Long-term: Neutral (3-12 months)
Support/Resistance Levels: Key price levels to watch include:
- Upper Bollinger Band: $251.25
- Middle Bollinger Band: $243.59
- Lower Bollinger Band: $235.94
Momentum Signals:
- RSI interpretation: Neutral (38.01), indicating no clear buy or sell signal
- MACD signal: Bearish, with the histogram below zero
- Bollinger Bands position: Neutral, as the stock price is within the bands
Volume Analysis: The volume trends and institutional interest signals suggest:
- Volume SMA 20: 298840.75 (neutral)
- OBV: 18822557.33 (positive)
- Volume Rate of Change: 33.75% (positive)
News & Sentiment Analysis
Recent Headlines Summary: The news headlines have been overwhelmingly positive, highlighting VXF's growth potential and Warren Buffett's purchases.
Sentiment Assessment: Aggregate news sentiment is Positive, with a total sentiment score of 3/4.
Catalyst Identification: Warren Buffett's recent purchases are the primary catalyst for VXF's upward trend.
Market Narrative: The news headlines align with the technical signals, indicating a strong bull market narrative.
Risk & Volatility Assessment
Risk Interpretation: High Risk (beta >1.20), amplifying market movements.
Volatility Regime: Above average volatility, with a stock volatility of 0.18.
Options Market Signals:
- IV rank: Low (9.5%)
- Put/call ratios: Bullish (0.50)
- Unusual activity: None reported
Downside Protection: Support levels include the Lower Bollinger Band ($235.94) and the SMA 200 ($225.34).
Market Context & Positioning
Sector Performance: VXF is outperforming its sector, with a relative strength of 1.2.
Institutional Activity: Volume patterns suggest institutional interest in VXF's growth potential.
Correlation Analysis: The stock moves relatively strongly with the market (R-squared interpretation), indicating high correlation.
Relative Valuation: VXF is positioned within its trading range, with no clear buy or sell signal based on technical indicators.
Key Levels & Action Items
Critical Price Levels:
- Upper Bollinger Band: $251.25
- Middle Bollinger Band: $243.59
Breakout/Breakdown Levels:
- SMA 200: $225.34 (support)
- Upper Bollinger Band: $251.25 (resistance)
Time-Sensitive Catalysts: Warren Buffett's next purchases or earnings announcements may serve as catalysts for VXF's growth.
Risk Management: Stop-loss levels should be set at the Lower Bollinger Band ($235.94) to limit potential losses. Position sizing considerations include a 2% maximum exposure.
Generated
News
All VXF news →
The Motley FoolT3·19mo ago
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Seeking AlphaT3·28mo ago
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VXF Options Activity & IV Rank
VXF IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 20.3%
7-DTE IV: —
Expected Move: $10.50
7-DTE Move: $10.50
Days to Exp: 29 (2026-11-20)
Options Flow
Call Volume: 4
Put Volume: 4
P/C Volume: 1.0
NEUTRAL
Call OI: 12
Put OI: 4
P/C OI: 0.333
Total OI: 16
ATM Options Pricing
ATM Call: $5.40
ATM Put: $5.10
Call %: 2.3%
Put %: 2.2%
Chain Summary
Chain Volume: 106
Chain OI: 163
Last Updated: 10/22/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Dealer Positioning
TYPICAL γ
Estimated net dealer gamma is at the 69th percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
69%
vs own history
GEX tilt
+1.00
OI-weighted, today
Vanna tilt
+0.97
δ-sensitivity to IV
Charm tilt
-0.77
δ-decay vs time
Vanna tilt +0.97: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.77: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 6 ATM contracts, 0k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
as of Oct 22 · No data
30 DTE / 10d
70%
+9.5
pts
EXTREME
as of Oct 22 · ATM 20.3% / Wing 29.8%
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
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IV Rank (7 DTE)
IV Rank (30 DTE)53.8MediumOct 22
Straddle Price (30 DTE)$10.50Oct 22
Beta Analysis
Risk Metrics
Beta: 1.1783
Alpha: -5.74%
Correlation: 0.8648
R-Squared: 74.8%
Stock Volatility: 17.4%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Above average volatility - stock moves with market amplification
Above average volatility - stock moves with market amplification
Beta & Alpha Over Time
VXF Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
3 filers$3.42M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $2.19M | 64.03% | 2026-06-30 |
| 2 | Citadel Advisors LLC Custodian | $984.84K | 28.78% | 2026-06-30 |
| 3 | Belvedere Trading LLC | $246.21K | 7.19% | 2026-06-30 |
3 filers$1.58M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $1.11M | 70.31% | 2026-06-30 |
| 2 | Citadel Advisors LLC Custodian | $443.18K | 28.12% | 2026-06-30 |
| 3 | Belvedere Trading LLC | $24.62K | 1.56% | 2026-06-30 |
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
758.55K
SI % of Float
0.58%
Days to Cover
2.01
Short Vol Ratio
57.9%
Free Float
—
Float %
—
Short interest 2026-09-30 • Short volume 2026-10-22
Constituent Performance
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Constituents
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|