VelocityShares Daily 2x VIX Short-Term ETN (NYSEArca: TVIX) was down as much as 30% at one point in afternoon trading Thursday. The volatility-linked exchange traded note was sharply lower even as the CBOE Volatility Index, or VIX, was up roughly 5% in the final minutes of trading. The divergence between the 200% leveraged ETN and … Continue reading Why a Volatility-Linked ETN is Diverging from the VIX