ProShares Floats Two VIX-Related ETFs

ProShares has rolled out two exchange-traded funds linked to the stock market’s fear index.

ProShares has rolled out two exchange-traded funds (ETFs) linked to the stock market’s “fear index,” The Wall Street Journal reports. The funds will track futures on the CBOE Market Volatility Index. The ProShares VIX Short-Term Futures ETF and VIX Mid-Term Futures ETF have been launched on the NYSE Euronext’s Arca exchange. The Short-Term Futures ETF will track an index of one- and two-month contracts while the Mid-Term Futures ETF will track contracts several months out.

Click here for the story from The Wall Street Journal.

Click here for the additional coverage from Morning Star.