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TVIX - TVIX: It's Probably Going To Just Keep Dropping
VelocityShares Daily 2x VIX Short-Term ETN
Over the last week, the VelocityShares Daily 2x VIX Short-Term ETN (TVIX) has continued its multi-year decline with a 7% loss, bringing the year-to-date decline to a stunning 86%. As you will see in the following section, I believe that this decline is slated to continue over the next several weeks and that much more downside is in store for the ETN.
Understanding TVIX
In the volatility ETP space, TVIX is one of the most popular and actively traded products since it offers leveraged exposure to something which is already fairly volatile. If