dionvuletich
a year ago
The VXX should not be in your chart, it is the worst investment (or measure) of volatility out there
Any ETF based on Futures that are constantly in contango does NOT represent the underlying in any way shape or form...

Therefore VXX is useless as a benchmark as it is distorted by forward carry costs (Premiums) for constantly rolling contracts to the next month which simply drain the fund exponentially as you can see above dropping nearly 95%+ in ~4yrs
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fibline PRO dionvuletich
a year ago
Thank you.
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