JPMorgan Chase introduces new ETN tracking VIX futures, potentially benefiting as market volatility decreases.

From Yahoo Finance: 2025-03-24 19:45:00

JPMorgan Chase introduced its Inverse VIX Short-Term Futures ETNs (VYLD) last week, aiming to provide exposure to the daily returns of an index shorting futures tied to the VIX. The product is designed to increase 1% for every point decrease in VIX futures, potentially benefiting investors as market volatility subsides. While past inverse VIX ETNs faced challenges during extreme market events, JPMorgan’s product is structured differently to reduce risk. Market volatility concerns have led to the launch of this new product, although investors should be mindful of potential roll costs and limited use cases for hedging.



Read more at Yahoo Finance: JPMorgan Chase Launches New ETN Betting on Volatility