Practice Essentials Difference Between VIX Spot Futures

market, and the VIX futures market is no exception. Exhibit 3 shows the daily returns of the VIX spot and futures markets on the 10 trading days with the biggest market drops since Dec. 20, 2005. Historically the S&P 500 VIX Short-Term Futures Index has a beta of 48.78% with the VIX spot, meaning it tracks about half of the spot movement on a daily ................
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