Three New Risk Control ETFs from Direxion
Today Direxion announced they have launched three ETFs whose intent is to match their exposure to an underlying equity index based upon current levels of market volatility. The new ETFs are as follows:...
View ArticleComparing SPLV and VQT
Based on some of the questions and comments that came out of Wednesday’s Three New Risk Control ETFs from Direxion, there appears to be a significant portion of the investment community that is...
View ArticleSPLV vs. XLP
The more I think about it, the less I understand the need for even more low volatility ETPs. Sure, I understand that in high volatility markets many investors want a more conservative portfolio that is...
View ArticleDynamic VIX ETPs as Long-Term Hedges
With the huge contango in the VIX futures term structure at the moment, anyone who is buying VIX options or the VIX exchange-traded products (ETPs) right now is having to pay for that contango in order...
View ArticleThe Dangers of Anticipating a Market Reversal
Raise your hand if you are anticipating a bearish reversal in stocks in the near future. Great. Lots of hands here… Now let’s be honest, how many were also expecting a reversal a week ago? a month ago?...
View ArticleInvesting with a Target Volatility Approach
Since I mentioned one of my favorite ETP sites earlier today [the more I think about it, the more I have come around to the idea that the Best Post of the Year on Exchange-Traded Products may be the...
View ArticlePerformance of Volatility-Hedged ETPs
An emerging area of interest in the markets in general and in this space in particular is the subject of how to blend volatility exposure – both long and short – into a portfolio. Based upon feedback I...
View ArticleBeyond SPLV: The Expanding Universe of Low Volatility ETPs
The spike in volatility that hit a climax on Monday has apparently passed with the swiftness of a summer thunderstorm. Of course, as I explained more than six years ago in What My Dog Can Tell Us About...
View ArticleThe Low Volatility Story in Pictures
Lately I have not been able to help being bombarded by articles extolling the virtues of investing in low volatility (also known as minimum volatility) exchange-traded products. These ETPs typically...
View ArticleThe Correction As Seen in the ETP Landscape
Since stocks bottomed in March 2009, I have periodically been publishing an SPX pullback table and occasionally a plot of all those pullbacks and their duration. The recent selloff in stocks, however,...
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