Volatility is Back
Volatility made a comeback in the second quarter. The S&P 500 VIX Short-Term Futures ETN (VXX) is up nearly 50% since the beginning of April compared to nearly a 13% decline for the SPDR S&P 500 (SPY) over the same time period.
VXX
Volatility ETNs Begin Trading
Barclays Bank PLC has listed two new ETNs that provide investors with exposure to the CBOE Volatility Index or VIX. The iPath S&P 500 VIX Short-Term Futures ETN (VXX) and the iPath S&P 500 VIX Mid-Term Futures ETN (VXZ) track indexes tied to the implied volatility of the S&P 500 Index at various points along the volatility forward curve