|Bid||48.45 x 1400|
|Ask||48.84 x 1200|
|Day's Range||48.36 - 48.78|
|52 Week Range||45.06 - 64.45|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-22.04%|
|Beta (5Y Monthly)||-0.95|
|Expense Ratio (net)||1.38%|
The strategies return four years after a VIX spike wiped out billions in short volatility ETPs.
Inverse VIX exchange-traded funds (ETFs) offer investors a straightforward way to bet against the future direction of market volatility. The Cboe Volatility Index (VIX), also known as the market’s “fear gauge,” is the most widely used benchmark of volatility. Inverse VIX ETFs make use of complex financial strategies to move in the opposite direction of the VIX.
Investment company Innova Wealth Partners (Current Portfolio) buys iShares 7-10 Year Treasury Bond ETF, ProShares Short VIX Short-Term Futures ETF, iShares Core U.S.