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XIV is an inverse of the CBOE volatility index? So you could think of it as a "stability" index ETN? How different is a stability index from an index like S&P
by wyldfire 5y ago
XIV is an inverse of the CBOE volatility index? So you could think of it as a "stability" index ETN?
How different is a stability index from an index like S&P 500?
- croon 5y agoAbsolutely no expert, but afaik stability is not about the market going up, but closer to a measure on how much the participants in the market agrees on where it's heading. It might often mean that it's more stable when an index like S&P 500 is going up, but I don't think you can compare them. I'm prepared to be heavily corrected by financial experts here.