RE:RE:RE:bubble? BigFish thanks for bringing this up. This is the final common question regarding the affect of the futures lifecycle on HVU so it will be my last educational post.
The 13.62 price you see is the CBOE VIX futures NOT the S&P VIX futures (the ones HVU tracks). The investing.com quote for 17.08 is indeed the S&P VIX futures HVU tracks and the explanation for the price change is rollover from April to May contracts. You'll see on the S&P VIX quote on investing.com a newsflasher saying that explains April contracts have now rolled into May contracts and May is now the currently quoted month to remind us of this. HVU already owns 92% May contracts so no price change occurs in HVU due to this.
Anyone new to HVU who has questions on its mechanics, can scroll through my past 1 month posts and they will address most of the common misconceptions, tricks, etc of HVU occurring throughout the future's lifecycle. Futures die every month so similar phenomenons occur each new month. I'm going to refer any repeated questions back to those posts to avoid repeating myself and clogging the forum. I will only answer any new "unexplainable's" going forward. This isn't trading/investing advice to profit. I'm only explaining the mechanical workings of HVU (what it tracks, how it tracks) the best I know how from my experience and other genuises before me.
Best of luck and congrats to those who have been buying in the low 20's!