Wall Street’s “fear gauge” and ETFs that track CBOE Volatility Index futures haven’t seen a dramatic move higher. ETFs and ETNs that track VIX futures include VelocityShares Daily 2x VIX Short ETN (NYSEArca: TVIX) , iPath Long Enhanced S&P 500 VIX (NYSEArca: VZZ) , iPath S&P 500 Short Term Futures ETN (NYSEArca: VXX) and ProShares VIX Short-Term Futures (NYSEArca: VIXY). [VIX ETFs Stable Despite Stock Wipeout]
An exchange traded note that follows coffee futures rose 1% on Thursday while JM Smucker (NYSE: SJM) said its quarterly profit weakened although it was able to pass some higher coffee costs along to consumers. [Coffee ETN Buzzes]
Investors should keep an eye on weakness in high-yield exchange traded funds because the riskier bond ETFs have been a decent leading indicator for the stock market, a technical analyst says. [High-Yield ETF Pullback a Worrying Sign for Market?]
Gregory A. Clay contributed to this article.