VIX as a stock?

Is there an ETF that will track the movements of the VIX exactly, so that one can hold it long-term (ie. value invest) without decay? I think I already know the answer, but wanted to just make sure.

 

I'd also be interested in a similar etf for interest rates

 

eurodollar futures for interest rates. There will be no etf for interest rates because leverage factors are crucial.

nothing for the vix.

 

I think the VXX might be what you are looking for. I don't think it is EXACTLY like the VIX, but it is close.