Article By:
Gavin McMaster
Friday, November 9, 2018 4:47 AM EDT
The short volatility trade was the trade of 2017, but it blew up spectacularly in February 2018. At the time, we saw the biggest ever one day spike in VIX, with the index shooting up over 100%.
In this article: SVXY Also: XIV(RETIRED), VIX
Just In The Nick Of Time: Fidelity Bans Short Volatility Funds
They want to kill $XIV and $SVXY due to the higher returns paid since they started vs the crumbs you get using other products.
Don't Invest In Things You Don't Understand
Read the prospectus it's all there you can't get rich off #etfs only way you can is seesaw $uvxy against $xiv it's too late.
VIX-Leveraged ETPs And The 5% Contango Rule
Okay but the phrase "like instruments" may be confusing to some. I wanted to be clear that even instruments appearing to be opposites, or at least on opposite sides such as $VXX and $XIV, $UVXY and $SVXY, $ZIV and $VXZ etc. all declined in 2015.