Is a VIX ETP an investment in the VIX?

R. Parker Clowers, Travis L. Jones
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引用次数: 2

Abstract

eturn and risk of these products are not related to the return and risk of the VIX index. The authors note that VIX ETPs do not correlate well to the VIX index. In fact, these funds are not even designed to have a high correlation to the VIX index. Individual investors can often mistake VIX ETPs for an investment in the VIX index itself, which is incorrect and may lead to a costly mistake.
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VIX ETP是对VIX的投资吗?
这些产品的收益和风险与VIX指数的收益和风险无关。作者指出,波动率指数交易所交易产品与波动率指数没有很好的相关性。事实上,这些基金甚至没有设计成与VIX指数有很高的相关性。个人投资者经常会把波动率指数交易所交易产品误认为是对波动率指数本身的投资,这是不正确的,可能会导致代价高昂的错误。
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