This ETF offers exposure to one of the most widely followed indexes in the world (the S&P 500), but implements a unique twist that should generally reduce overall volatility and limit movements in both directions. Specifically, VIXH includes a call option on the VIX, a widely used measure of anticipated equity market volatility. Because the VIX tends to exhibit a strong negative correlation with stock markets -- meaning that it will generally rise when stocks tumble -- that component should increase in value when stocks decline. So in bear markets, the increase in the value of the call option position should at least partially offset losses in the stock component. In bull markets, however, the call option value will generally decline. That will obviously limit the upside of this ETF as well, partially offsetting the increase in the stock component. It should also be noted that VIXH is considerably more expensive than plain vanilla S&P 500 ETFs, some of which have expense ration 50 basis point or more lower than this fund. VIXH can potentially be used in a number of different ways. It certainly can be used as a core holding in a long-term, buy-and-hold portfolio, replacing traditional long only ETFs that offer exposure to U.S. stocks. Or it can be a tactical tool that investors utilize when looking to scale back risk exposure in their portfolios while still being net long in U.S. stocks.
The adjacent table gives investors an individual Realtime Rating for VIXH on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Volatility Hedged Equity with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb.com Category.
This section compares how balanced and deep this ETF is relative to the peer group ETFdb.com Category.
|U.S. Listed Stocks||97.66%|
|ETF Cash Component||0.36%|
|ETF Cash Component||0.36%|
|Developed Markets (ex-US)||1.98%|
This ETF is not currently available for commission free trading on any platforms.
There are 0 other ETFs in the Volatility Hedged Equity ETFdb.com Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb.com Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of VIXH relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.
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