If the markets continue to flux the way they have been, investors might need to make volatility their friend starting with the three ETPs below.
1.iPath S&P 500 VIX ST Futures ETN (NYSEArca: VXX): up 5.84% today and 50.7% the past month
VXX seeks to provide investors with exposure to the S&P 500 VIX Short-Term Futures™ Index Total Return. The S&P 500 VIX Short-Term Futures™ Index Total Return (the “index”) is designed to provide access to equity market volatility through CBOE Volatility Index® futures. The index offers exposure to a daily rolling long position in the first and second month VIX futures contracts and reflects the implied volatility of the S&P 500® at various points along the volatility forward curve.
2. ProShares VIX Short-Term Futures (NYSEArca: VIXY): up 5.87% today and 50.5% the past month
VIXY seeks results (before fees and expenses) that, both for a single day and over time, match the performance of the S&P 500 VIX Short-Term Futures Index for a single day. The index seeks to offer exposure to market volatility through publicly traded futures markets and is designed to measure the return from a rolling long position in the first and second month VIX futures contracts.
3. iPath B S&P 500 VIX S/T Futs ETN (BATS: VXXB): up 5.63% today and 49% the past month
VXXB seeks return linked to the performance of the S&P 500® VIX Short-Term Futures Index TR. The ETN offers exposure to futures contracts of specified maturities on the VIX index and not direct exposure to the VIX index or its spot level. The index is designed to provide investors with exposure to one or more maturities of futures contracts on the CBOE Volatility Index®.
Related: Top 58 Equity Inverse ETFs
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