How do VelocityShares’ EVIX and EXIV Work?

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 mashup of the familiar and the foreign.  The differences between European Volatility futures and VIX futures are relatively small so it’s reasonable to view EXIV and EVIX as close cousins of ProShares SVXY and Barclays’ VXX, however, these funds depend …

Read moreHow do VelocityShares’ EVIX and EXIV Work?