FX:SPX500 S&P 500 index of US listed shares
Dear Central Banks,
my understanding of vol etfs is that they are designed to suck in retail capital to pay short sellers who sell put premiums. this way they can cover their costs and still produce some returns on those positions while the market moves against them.not something you want to hold in size. it would be simlar to buying too many lottery tickets that are horrible odds against wins.