First Trust Revamps Old Strategy into Dynamic ‘People’s’ ETF
August 18, 2017 at 15:26 PM EDT
First Trust has overhauled an old CBOE Volatility Index-related exchange traded fund and changed the ETF to adopt a Dorsey Wright methodology that dynamically switches between equities and debt based on current market conditions. The old First Trust CBOE S&P 500 VIX Tail Hedge ETF (NYSEArca:...
