Jul 28, 2010

XXV ETF is up in the first week of trading

XXV is up in its first week, moving in what seems like a perfect inverse of VXX. The daily volume is still light, topping at about quarter million shares. Will the volume pick up? Probably. Will XXV continue to mirror VXX? I think so, although professional bloggers continue to debate the issue, e.g. here.

Data from Bloomberg. Barclays webpage on the XXV, fact sheet, pricing supplement.

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