ETF That Bets Against VIX Rallies Over 200% in a Year
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ETF Trends
A volatility-linked exchange traded product designed to move in the opposite direction of the VIX has more than tripled in price over the past year. VelocityShares Daily Inverse VIX Short Term ETN (NYSEArca: XIV) has rocketed 221% for the 12 months ended Dec. 5, according to investment researcher...
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