VelocityShares Daily Long VIX Short Term ETN (NASDAQ:VIIX)

CAPS Rating: 1 out of 5


Player Avatar TerryHogan (99.89) Submitted: 11/16/2013 2:05:40 AM : Underperform Start Price: $62.97 VIIX Score: +50.93

Most futures based ETFs are crap in the long term. The volatility based ones are even crappier than average because of the nature of the pricing of the underlying futures. Horrible long-term investment. However, this would be an ideal investment if you were Lex Luthor about to unleash mayhem on New York or Chicago.

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