CBOE Volatility Index (VIX)

Description

The CBOE Volatility Index (VIX) reflects market expectations of near-term volatility conveyed by S&P 500 index option prices. Often called the 'fear gauge', it tends to spike during periods of market stress.

Key risks

volatility-spike

This risk may negatively affect the instrument’s performance under certain market conditions.

The list of risks is not exhaustive and highlights the most material structural and market-related factors.

Portfolio role & behavior

Economic role

risk-indicator

Behavior

counter-cyclical

The information provided is for analytical and informational purposes only and does not constitute investment advice.

Any decisions are made independently by the user and at their own risk.

For details, see legal terms.