Volatility ETFs Climb as Traders Hedge Risk Ahead of Fed’s Jackson Hole Conference
August 22, 2022 at 14:20 PM EDT
The CBOE Volatility Index, or VIX, and volatility-related exchange traded funds jumped Monday as another round of aggressive interest rate hike speculation stoked fears of a potential economic recession ahead. Among the best performing non-leveraged ETFs of Monday, the ProShares VIX Short-Term Futures ETF (VIXY) rose 5.0%. Meanwhile, the CBOE Volatility Index surged 16.3% to [...] The post Volatility ETFs Climb as Traders Hedge Risk Ahead of Fed’s Jackson Hole Conference appeared first on ETF Trends .