Can someone explain to me why $VIX is up 4.7% and TVIX is only up 1.3%???? I thought the TVIX is 2X the $VIX. Am I missing something?
One last time...TVIX and VXX track the VIX FUTURES, not the spot VIX. There is already a huge spread between the spot and the futures, so the futures barely budged even with spot up today.Basically, you need VIX to move 15-20% higher in the next month just for VXX and TVIX to stay at their current levels.
TVIX is related to VXX, not VIX