In trading on Wednesday, the iPath S&P 500 VIX Short-Term Futures ETN (VXX) is outperforming other ETFs, trading up 2.5% on the day. Also up for the day is the iShares MSCI Spain Index Fund (EWP) up 2.8%.  And underperforming other ETFs today is the ETFS Physical Palladium Shares (PALL), down about 7.6% in Wednesday afternoon trading. Also down on the day are the Market Vectors Junior Gold Miners ETF (GDXJ) down 5.1%, the Global Gold and Precious Metals Portfolio ETF (PSAU) down 4.7%, the iShares MSCI Australia Index Fund (EWA) down 3.5%, and the Market Vectors Indonesia Index ETF (IDX) down 3.3%.

About the iPath S&P 500 VIX Short-Term Futures ETN (VXX)
The S&P 500 VIX Short-Term Futures™ Index TR is designed to provide access to equity market volatility through CBOE Volatility Index® (the “VIX Index”) futures. Specifically, the S&P 500 VIX Short-Term Futures™ Index TR offers exposure to a daily rolling long position in the first and second month VIX futures contracts and reflects the implied volatility of the S&P 500® Index at various points along the volatility forward curve. The index futures roll continuously throughout each month from the first month VIX futures contract into the second month VIX futures contract.

A direct investment in VIX (commonly referred to as spot VIX) is not possible. The S&P 500 VIX Short-Term Futures™ Index TR holds VIX futures contracts, which could involve roll costs and exhibit different risk and return characteristics. Investments offering volatility exposure can have various uses within a portfolio including hedging, directional, or arbitrage strategies and are typically short or medium-term in nature.

About the ETFS Physical Palladium Shares (PALL)
ETFS Physical Palladium (PALL) is designed to offer investors a simple, cost-efficient and secure way to access the precious metals market. PALL is intended to provide investors with a return equivalent to movements in the palladium spot price less fees.

Related posts:

1. ETF Daily News: Wednesday, October 19th ETF Movers
2. ETF Daily News: Monday, December 19th ETF Movers (TWTI, YXI, CVOL, DCNG, CUPM, DDP)
3. ETF Daily News: Monday, September 19th ETF Movers
4. ETF Daily News: Thursday, January 19th ETF Movers (SHBT, RRF, LEDD, PTM, UNG, GAZ)
5. ETF Daily News: Wednesday, October 5th ETF Movers

IDX, NYSE:EWA, NYSE:EWP, NYSE:GDXJ, PALL, PSAU