Keith Fitz-Gerald: Many investors are convinced the market is stacked against them. It is…. but not for the reasons you might think. Dismal returns actually have very little to do with super computers, research, insider information or access to the trading floor. Read more…
NYSE:TVIX, NYSE:UVXY, NYSE:VXX, NYSE:VXZ, NYSE:XIV
Bill Luby: Based upon some of the emails I have received this week, it appears that a number of readers have been focused on buying some of the inverse VIX ETPs, notably XIV and SVXY, when they saw the VIX spike. Some have preferred shorting VXX, TVIX and UVXY, based partly on availability, while others Read more…
NYSE:SVXY, NYSE:TVIX, NYSE:UVXY, NYSE:VXX, NYSE:XIV
Eric Dutram: The broad ETF industry has seen its share of controversy over the past few years thanks to a number of issues. These misunderstandings have undoubtedly hurt the ETF world and have probably pushed some investors into other products as a result, diminishing an otherwise solid period for the Read more…
NYSE:GAZ, NYSE:TVIX, NYSE:UNG, NYSE:UNL, NYSE:UVXY
Bill Luby: Back in my consulting days, I convinced myself that there were rare instances when an ugly chart crammed full of data should take precedence over a clean and simple graphic that focused on the key takeaways. For my purposes at least, the graphic below, while unlikely to garner accolades from the likes of Read more…
NYSE:TVIX, NYSE:TVIZ, NYSE:UVXY, NYSE:VQT, NYSE:VXX, NYSE:XIV, NYSE:XVIX, NYSE:XVZ, NYSE:ZIV
Bill Luby: If you thought the VelocityShares Daily 2x VIX Short-Term ETN (NYSEARCA:TVIX) story was behind us, you might want to think again. Read more…
NYSE:TVIX, NYSE:UVXY, NYSE:VXX, NYSE:VXZ
Jared Cummans: As the ETF industry has rapidly expanded, so too have the options investors have for slicing and dicing markets. One of the most popular innovations in recent years has been the ability to access volatility through the exchange-traded structure; there are now multiple ETPs for gaining exposure Read more…
NYSE:TVIX, NYSE:UVXY, NYSE:VXX, NYSE:VXZ, NYSE:XIV
Bill Luby: Whether or not I find it useful to flog the wounded horse otherwise known as the VelocityShares Daily 2x VIX Short-Term ETN (NYSEARCA:TVIX), it seems as if investors and the media insist that the wild and crazy story of this +2x VIX futures ETN remain on the front page for Read more…
NYSE:SVXY, NYSE:TVIX, NYSE:UVXY, NYSE:UVXY, NYSE:VXX, NYSE:XIV
Bill Luby: One month and one day after Credit Suisse (NYSE:CS) announced the suspension of new creation units in the VelocityShares Daily 2x VIX Short-Term ETN (NYSEARCA:TVIX), the issuer announced today that it plans to reopen issuance of TVIX “on a limited basis” effective tomorrow. Read more…
NYSE:SVXY, NYSE:TVIX, NYSE:UVXY, NYSE:VXX, NYSE:VXZ
Michael Johnston: Though ETFs may appear as very simple and straightforward investment vehicles, there is a rather complex infrastructure that lies beneath the surface. Under the hood of exchange-traded products is a unique “creation / redemption” mechanism that allows for the number of shares Read more…
NYSE:GAZ, NYSE:NAGS, NYSE:TVIX, NYSE:UNG, NYSE:UVXY, PEK
Bill Luby: With the media feeding frenzy surrounding the VelocityShares Daily 2x VIX Short-Term ETN (NYSEArca:TVIX) during the past week, a similar product, the ProShares Ultra VIX Short-Term Futures ETF (NYSEArca:UVXY), has been largely overlooked. This is unfortunate, as UVXY has a great deal Read more…
NYSE:TVIX, NYSE:UVXY
Bill Luby: This week has seen an explosion of interest in the VIX exchange-traded product (ETP) space, most of which has been due to the suspension by Credit Suisse (NYSE:CS) of creation units (think ‘new shares’) in the VelocityShares Daily 2x VIX Short-Term ETNs (NYSEArca:TVIX). Read more…
NYSE:TVIX, NYSE:UVXY, NYSE:VIIX, NYSE:VXX, NYSE:XIV
Michael Johnston: ProShares is continuing to build out its suite of ETFs offering exposure to alternatives, announcing this week the launch of a pair of funds designed to offer exposure to “breakeven inflation.” That term refers to the spread difference in yield between Treasuries and TIPS (i.e., the yield Read more…
NYSE:CPI, NYSE:CSM, NYSE:FINF, NYSE:RINF, RRF
ETF Base: Even though the S&P500 (NYSEARCA: SPY) closed the week with a respectable 2.4% gain, volatility ETNs (Exchange traded notes) showed huge gains for the week ranging from 19%-40% depending on the type of ETN. For a bit more on how the volatility index works, the VIX is the CBOE’s market Read more…
NYSE:TVIX, NYSE:UVXY, NYSE:VXX, NYSE:VXZ
Most Comments