XXV behavior—it’s a pretty good VXX short

Update: I do not believe XXV is a good way to short VXX, or volatility in general.  It has very little upside remaining (maximum value will be $40/share),  see this post for more details. ********************************************************** With the recent action in the VIX and VXX I thought it would be good time to go back and check the performance of Barclays’ new ETN product XXV to see …

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XXV — VXX negative percentage move or VXX short?

Update: I do not believe XXV is a good way to short VXX, or volatility in general.  It has very little upside remaining (maximum value will be $40/share),  see this post for more details. ********************************************************** When the XXV ETN first came out in early July there was some discussion on whether Barclays’ intent was to match the inverse of the percentage moves of the VXX, or to …

Read moreXXV — VXX negative percentage move or VXX short?