Q: Would you recommend VIX stocks like VOLX:CA and VIXY:US or gold stocks at this time?
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Barclays Bank PLC ZC SP ETN REDEEM 23/01/2048 USD 27.193879 - Ser A ShortTerm Futu (VXX)
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Barclays Bank PLC ZC SP ETN REDEEM 23/01/2043 USD 16.855272 - Ser B MidTerm Future (VXZ)
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ProShares VIX Short-Term Futures ETF (VIXY)
Q: How can I trade the VIX?...
Q: Dear 5i,
does VIXY behave like a leveraged ETF such that they are not suitable for buy and hold investors. I understand that leveraged ETF's reset every day and there is price erosion so they are only suitable for short term investing. Would VIXY be ok for a buy and hold investor who believes that there was going to be a significant correction in the overall US market in the medium to long term? Your thoughts are much appreciated.
does VIXY behave like a leveraged ETF such that they are not suitable for buy and hold investors. I understand that leveraged ETF's reset every day and there is price erosion so they are only suitable for short term investing. Would VIXY be ok for a buy and hold investor who believes that there was going to be a significant correction in the overall US market in the medium to long term? Your thoughts are much appreciated.