Volatility ETFs: Is TVIX Going to Zero?
By:
ETF Trends
A 200% leveraged exchange traded note designed to track CBOE Volatility Index futures contracts has lost 97% of its value this year and looks to be headed to zero if the VIX continues to fall. VelocityShares Daily 2x VIX Short-Term ETN (NYSEArca: TVIX) has dropped below $1 a share. The ETN has a...
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