Vix Index

Q&ACategory: QuestionsVix Index
Kuang Seng Er asked 3 years ago

Hi PC,
Good day to you. Previously I have seen in your video mentioned about Vix index, would like to know are we able to invest in Vix index? If can, what is the stock code for it? I could not get it in HLebroking. Thanks.

1 Answers
pcwong Staff answered 3 years ago

You cannot buy the VIX. But you can buy the VIXY, which is a VIX ETF . You can buy this in hlebroking.
VIXY is higher correlated to the S&P than to the VIX index.
If the S&P falls or crash, then the value of VIXY goes up.  A rise in the VIX index will have lower price influence on VIXY.
Normally, VIX will spike up when the S&P is trending down.
Hope this helps.
 
 

Kuang Seng Er replied 3 years ago

I see. Ok thanks PC. Have a nice day.