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FITVIX

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    9.2894$
  • Previous Close
    9.2894$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

FITVIX.US represents the VIX Index Futures Forward Curve Total Return Index, published by the Chicago Board Options Exchange (CBOE). This index tracks the performance of a hypothetical investment strategy that invests in a portfolio of VIX futures contracts, rebalancing daily to maintain a target constant maturity. It reflects the potential return from rolling positions in VIX futures contracts and is often used as a benchmark for strategies that aim to profit from changes in the shape of the VIX futures curve, which can indicate market expectations of future volatility. The index does not represent an actual fund and cannot be directly invested in.
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Factors

Implied Volatility: Higher implied volatility of SPX options generally leads to a higher FITVIX price, as FITVIX reflects fear. SPX Index Level: Lower SPX levels, indicating a market downturn, typically correlate with increased FITVIX values. Time to Expiration: The nearer the SPX options' expiration, the more sensitive FITVIX becomes to near-term volatility expectations. Market Sentiment: Overall investor pessimism or optimism regarding market direction heavily impacts FITVIX demand and price.

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