$1.5 Billion VIX ETF Down Over 20% This Year
April 11, 2011 at 22:23 PM EDT
The iPath S&P 500 VIX Short-Term Futures ETN (NYSEArca: VXX) is down more than 20% in 2011 as betting on higher volatility has been a losing strategy. The CBOE Volatility Index (VIX) fell more than 7% on Monday, moving lower as investors breathed a sigh of relief a government shutdown was...
