Do implied volatility futures for different indexes represent a reliable pair trading opportunity? (cxoadvisory.com)
Most worrying of all are the ETFs which sell volatility futures: implicitly leveraged and roughly five times more volatile than the stock market. (frank-k-martin.com)
ETFs that are short volatility futures are up around 75 % for the first six months of 2017 and about 220 % for the trailing year — an astonishing amount. (swanglobalinvestments.com)