Barclays’ inverse volatility ETN: IVOP
The termination of IVO left a hole in Barclays’ inverse volatility ETN lineup. It still has XXV, but its leverage is only around 0.25 right now, so they needed a higher leverage solution that can compete with the likes of UBS’ AAVX, or VelocityShares‘ XIV—which always give 1X daily leverage. IVOP had an inception date of September 16th, 2011 with an initial value of …
