Stock Market Volatility Plummets To Pre-Covid Levels: Analyst Says 'Enjoy Low VIX While It Lasts'
Portfolio Pulse from Piero Cingari
The CBOE Volatility Index (VIX) has dropped to pre-Covid levels, driving the S&P 500 and Nasdaq 100 indices to new highs. Analysts warn of a potential resurgence in volatility in the coming months. Investors can access the VIX through ETFs such as VIXY, VIXM, and UVXY.
June 08, 2023 | 2:25 pm
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NEUTRAL IMPACT
The VIX index has dropped to pre-Covid levels, potentially impacting the ProShares Trust Ultra VIX Short-Term Futures ETF (UVXY) if volatility increases in the coming months.
The VIX index has dropped significantly, which may impact UVXY if volatility increases in the coming months. However, the current low VIX levels may not necessarily lead to a direct impact on UVXY in the short term.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
NEUTRAL IMPACT
The VIX index has dropped to pre-Covid levels, potentially impacting the ProShares Trust VIX Mid-Term Futures ETF (VIXM) if volatility increases in the coming months.
The VIX index has dropped significantly, which may impact VIXM if volatility increases in the coming months. However, the current low VIX levels may not necessarily lead to a direct impact on VIXM in the short term.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
NEUTRAL IMPACT
The VIX index has dropped to pre-Covid levels, potentially impacting the ProShares Trust VIX Short-Term Futures ETF (VIXY) if volatility increases in the coming months.
The VIX index has dropped significantly, which may impact VIXY if volatility increases in the coming months. However, the current low VIX levels may not necessarily lead to a direct impact on VIXY in the short term.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80