Volatility ETFs Surge as VIX Up Most Since Before the Elections

A round of political uncertainty swept through U.S. markets Wednesday, triggering a spike in risk-off sentiment and bolstering CBOE Volatility Index-related exchange traded funds. On Thursday, the iPath S&P 500 VIX Short Term Futures ETN (NYSEArca: VXX) surged 18.2%, ProShares VIX Short-Term Futures ETF (NYSEArca: VIXY) jumped 18.1%, VelocityShares Daily Long VIX Short-Term ETN (NYSEArca:…Click to read more at ETFtrends.com.