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Doubt TVIX is tracking the VIX futures either. Ratio only 1.6 instead of 2.0
Both VXx and TVIX are accurately tracking. VIX futures are barely up. VXX also closed at a premium to NAV yesterday.
VIX up 3.4% and the VIX futures are barely up......how does that happen. SPX has had 3 consecutive down days 1260 - 1213and the VIX is actually lower than 3 days ago, aswell as TVIX and VXX from their opening values on monday. ....how does that happen.