Funds that bet on market volatility haven’t done so well this year—but that seems to have changed a bit Wednesday, according to
Barron’s.
For example, according to the publication, the
ProShares Ultra VIX Short-Term Futures ETF,down about 97 percent year to date, is up 10 percent in late-session trading. The
VelocityShares Daily 2x VIX Short Term ETN, also down roughly 97 percent for the year, is up 9 percent. Meanwhile, the
Barclays iPath S&P 500 Short-term VIX Futures ETN, down 79 percent this year, is ahead by more than five percent.
The article also notes that some funds are betting that upcoming
Federal Reserve activity will quash market volatility.
Read more in
Barron’s.
 
Edited by:
Tommy Fernandez
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