By SIMON CONSTABLE
Some exchange-traded funds related to the CBOE Volatility Index, or VIX, could vanish just when traders might want them most.
The VIX, also known as the fear gauge, measures the cost of buying insurance against a drop in the broad market. At issue are funds that seek to profit when short-term VIX futures contracts fall in value. The VIX itself isn’t an investible product and the VIX futures don’t exactly track the VIX, but they are closely correlated. Read more here.
Tigerzeng, CC BY-SA 4.0, via Wikimedia Commons
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