This Fund Gained Almost 85% So Far This Year - The Best Volatility ETFs Of 2023
This Fund Gained Almost 85% So Far This Year - The Best Volatility ETFs Of 2023
After a shaky 2022 that saw the S&P 500 (INDEX: .INX) lose almost 20%, the first half of 2023 has seen a strong reversal with a more than 16% gain.
在经历了不稳定的2022年，标准普尔500指数（指数：.INX）下跌了近20％之后，2023年上半年出现了强劲的逆转，涨幅超过16％。
Accompanying this rise has been the steady decline of market volatility. Volatility, often measured by the CBOE Volatility Index (INDEXCBOE: VIX), is typically inversely related to the general direction of the stock market and is down 29.91% YTD.
伴随这种上涨的是市场波动率的稳步下降。波动率通常由芝加哥期权交易所波动率指数（INDEXCBOE: VIX）衡量，通常与股票市场的总体方向成反比，年初至今下跌29.91％。
VIX, in essence, measures the sentiment of investors and is often called the "fear index". As stocks rise, investors are more confident, as prices fall investors are more fearful.
从本质上讲，VIX衡量投资者的情绪，通常被称为 “恐惧指数”。随着股票的上涨，投资者更加自信，随着价格的下跌，投资者更加恐惧。
The largest spikes in VIX, by a mile, came at the height of the 2008 financial crisis and again during the spring of 2020 as the world shut down in response to the Covid-19 Pandemic.
VIX最大的一英里峰值发生在2008年金融危机最严重的时候，又发生在2020年春季，当时世界因应对Covid-19疫情而关闭。
Although VIX is widely used, some fundamental flaws in its calculation have led to the creation of an alternative volatility index that is gaining in popularity. The MIAX SPIKES Volatility Index (INDEX:SPIKE) offers several advantages, including using live pricing data (vs an average calculation) and updating every 100 milliseconds (vs every 15 seconds).
尽管VIX被广泛使用，但其计算中的一些基本缺陷导致了替代波动率指数的创建，该指数越来越受欢迎。MIAX SPIKES 波动率指数 (INDEX: SPIKE) 具有多种优势，包括使用实时定价数据（与平均值计算相比）和每 100 毫秒（而不是每 15 秒）更新一次。
These indexes cannot be traded directly, a number of products such as Exchange Traded Funds (ETFs) offer investors exposure. This allows investors to express a view of the general sentiment of the market.
这些指数不能直接交易，交易所交易基金（ETF）等许多产品为投资者提供了敞口。这使投资者能够表达对市场总体情绪的看法。
The following are the best performing Volatility ETFs since January 1st of this year. Given the steady decline in volatility, all 3 are inverse ETFs, that is, ETFs whose performance is inversely related to that of the underlying asset. Only ETFs with Assets Under Management (AUM) of greater than $50 million were considered.
以下是自今年1月1日以来表现最好的波动率ETF。鉴于波动率的稳步下降，这三只都是反向ETF，即表现与标的资产成反向关系的ETF。仅考虑管理资产（AUM）超过5000万美元的ETF。
-1x Short VIX Futures ETF (BATS:SVIX)
-1x 空头 VIX 期货 ETF （蝙蝠:SVIX）
- Up 84.69% YTD
- Tied to the Short VIX Futures Index
- $80.7 million in AUM
- Expense ratio of 1.47%
- 3 month average daily trading volume of 1,814,276
- 年初至今上涨84.69％
- 与空头VIX期货指数挂钩
- 资产管理规模为8,070万美元
- 支出比率为 1.47%
- 3 个月平均每日交易量为 1,814,276
ProShares Short VIX Short-Term Futures ETF (BATS:SVXY)
ProShares Short VIX 短期期货 ETF （蝙蝠:SVXY）
- Up 42.93%
- Seeks to return 1⁄2 of the inverse of the VIX Short-Term Futures Index
- $259.7 million in AUM
- Expense ratio of .95%
- 3 month average daily trading volume of 1,922,784
- 上涨42.93％
- 寻求回报 VIX 短期期货指数反向的 1⁄2
- 资产管理规模为2.597亿美元
- 支出比率为 .95%
- 3 个月平均每日交易量为 1,922,784
Simplify Volatility Premium ETF (NYSE:SVOL)
简化波动率溢价 ETF （纽约证券交易所代码：SVOL）
- Up 4.11%
- Seeks to return 0.2x to 0.3x of the inverse of the VIX Short-Term Futures Index
- $358.4 million in AUM
- Expense ratio of .5%
- 3 month average daily trading volume of 275,539
- 上涨 4.11%
- 寻求回报率为VIX短期期货指数反向的0.2倍至0.3倍
- 资产管理规模为3.584亿美元
- 支出比率为 0.5%
- 3 个月平均每日交易量为 275,539
Featured photo by Sigmund on Unsplash
Sigmund 在 Unsplash 上拍摄的精选照片