XVIX: A Deep Dive into Credit Suisse’s Volatility ETN on Yahoo Finance
XVIX, formally known as the Credit Suisse VelocityShares Daily Inverse VIX Short-Term ETN, was a complex financial instrument designed to provide inverse exposure to the short-term volatility of the S&P 500 index. It sought to profit when the VIX, often called the “fear gauge,” declined. Due to various factors, most notably its inherent complexity and potential for severe losses, it was delisted in 2018, but its legacy remains a cautionary tale for investors, and its historical data is still accessible on platforms like Yahoo Finance.