How do VelocityShares’ EVIX and EXIV Work?

Update UBS decided to shutdown their EVIX & EXIV long / inverse volatility funds that are based on the European VSTOXX volatility futures effective April 9, 2020   I suspect this occurred because they never gathered enough assets to be profitable. In May 2017 VelocityShares introduced two volatility funds, EXIV and EVIX, which track European volatility futures.  In digging into these funds I’ve encountered a dense …

Read moreHow do VelocityShares’ EVIX and EXIV Work?

Inverse Volatility—the Winner for Short Term is SVXY

I used to share stock tips with my brothers-in-law. Before the tech crash I could offer up a few stocks I liked, and they would often make some money.  The crash painfully ended the easy money and I moved onto index funds. They didn’t think indexes were near as much fun. One Easter one of my brothers-in-law asked what I was investing in.   My …

Read moreInverse Volatility—the Winner for Short Term is SVXY