My broker is not even sure what is in this ETF. It is based on futures contracts, and should follow the -VIX fairly closely. There are also fees involved. Yesterday it did not, and I was unable to find out much from my broker. It traded yesterday like it was leveraged...kinda weird. If it does this again I may bail. The whole ID of going short or betting against/with the VIX, is that when the market is down you make money. The VIX was acting funny yesterday. If anyone knows a better ETF or MF that trades closer to the VIX let me know. When it gets closer to May, I like the SPXU, RWD, and DXD. Sure wish I knew when the correction was near. I mean really near!!!
one would think gold but that is not working gld seems to be big bubble ready to pop and wheen it thate happens you better hope you can git out fast becaus all the big dogs will be first out thate door.
Not sure? It is a stock and not the actual index and will trade with positive and negative NAV premiums and discounts but I am as confused as you... I however already own it. I expect it will go up in the near future but I am unsure if I will be able to hold on... Time will tell. I think if the market corrects it will be a good place to be but it has been far from that over the past two weeks. Good luck.