VIX ETFs Higher on Week as Sequestration Cuts Loom
March 01, 2013 at 15:29 PM EST
Volatility-linked ETFs were the week’s biggest gainers with some investors looking for hedges as the Dow Jones Industrial Average brushes up against its all-time high. For example, VelocityShares Daily 2x VIX Short Term ETN (NYSEArca: TVIX) was on track for a 14% weekly advance in afternoon trading...