|Bid||17.20 x 3900|
|Ask||17.21 x 2000|
|Day's Range||16.57 - 17.49|
|52 Week Range||8.52 - 63.52|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||1.90%|
Volatility exchange-traded products seemed like a much better idea when there was very little volatility. The Great Volatility Spike of Feb. 5 left investors gasping for air and a couple of funds dead when the Cboe Volatility Index, or VIX, jumped more than 100% in a single day. ETFs that enable investors to bet on whether volatility is going to be higher or lower do so by buying futures contracts on the VIX.
ProShare Capital Management today announced that the investment objective of two of its ETFs will change effective as of close of business on February 27, 2018.
Jim Cramer lists four volatility trading instruments that are the "real culprits" behind the market-wide sell-off.