This is true, looking at the chart for XIV if the placed this bet every month for the last couple of years they may actually be down. https://finviz.com/quote.

This is true, looking at the chart for XIV if the placed this bet every month for the last couple of years they may actually be down. https://finviz.com/quote.ashx?t=XIV&ty=c&ta=0&p=m https://finviz.com/quote.ashx?t=XIV&ty=c&ta=0&p=m