Why is VIX index up nearly 20% vs. VXX ETF only up around 10%?

Discussion in 'ETFs' started by sjain100, Jan 24, 2022.

  1. sjain100

    sjain100

    I know the VXX is correlated with the VIX index, but definitely don't move 100% in tandem, but why such a huge spread/gap in percentage terms when volatility hits?
    Based on a TOS chart this morning, VIX index is up currently over 20%, while the VXX ETF is slightly above 10% only. However, I did notice the /VX index futures is a lot closer to the VXX ETF on a percentage basis.
     
  2. KCalhoun

    KCalhoun

    Great point, it's just how it's calculated etc, eg VIX vs VXX UVXY VIXY etc, contango, contract #s
     
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  3. contango yo
     
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