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.
在經歷了不穩定的2022年，標準普爾500指數（指數：.INX）下跌了近20％之後，2023年上半年出現了強勁的逆轉，漲幅超過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.
伴隨這種上漲的是市場波動率的穩步下降。波動率通常由芝加哥期權交易所波動率指數（INDEXCBOE: VIX）衡量，通常與股票市場的總體方向成反比，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.
從本質上講，VIX衡量投資者的情緒，通常被稱爲 “恐懼指數”。隨着股票的上漲，投資者更加自信，隨着價格的下跌，投資者更加恐懼。
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最大的一英里峯值發生在2008年金融危機最嚴重的時候，又發生在2020年春季，當時世界因應對Covid-19疫情而關閉。
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).
儘管VIX被廣泛使用，但其計算中的一些基本缺陷導致了替代波動率指數的創建，該指數越來越受歡迎。MIAX SPIKES 波動率指數 (INDEX: SPIKE) 具有多種優勢，包括使用實時定價數據（與平均值計算相比）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.
這些指數不能直接交易，交易所交易基金（ETF）等許多產品爲投資者提供了敞口。這使投資者能夠表達對市場總體情緒的看法。
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日以來表現最好的波動率ETF。鑑於波動率的穩步下降，這三隻都是反向ETF，即表現與標的資產成反向關係的ETF。僅考慮管理資產（AUM）超過5000萬美元的ETF。
-1x Short VIX Futures ETF (BATS:SVIX)
-1x 空頭 VIX 期貨 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
- 年初至今上漲84.69％
- 與空頭VIX期貨指數掛鉤
- 資產管理規模爲8,070萬美元
- 支出比率爲 1.47%
- 3 個月平均每日交易量爲 1,814,276
ProShares Short VIX Short-Term Futures ETF (BATS:SVXY)
ProShares Short VIX 短期期貨 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
- 上漲42.93％
- 尋求回報 VIX 短期期貨指數反向的 1⁄2
- 資產管理規模爲2.597億美元
- 支出比率爲 .95%
- 3 個月平均每日交易量爲 1,922,784
Simplify Volatility Premium ETF (NYSE:SVOL)
簡化波動率溢價 ETF （紐約證券交易所代碼：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
- 上漲 4.11%
- 尋求回報率爲VIX短期期貨指數反向的0.2倍至0.3倍
- 資產管理規模爲3.584億美元
- 支出比率爲 0.5%
- 3 個月平均每日交易量爲 275,539
Featured photo by Sigmund on Unsplash
Sigmund 在 Unsplash 上拍攝的精選照片