RE:RE:RE:RE:RE:RE:RE:RE:The S&P just broke a new high , a new cycle begins
HVU uses this index because VIX futures rollover from month to month. You often gaps each month on the VIX futures because of this. This is only a theory on my part.
It's hard find info on HVU. I would expect UXVY to work in a similar way as they are both ETF’s. I may do some research on the finer points of UVXY. They have to hold short term VIX futures. TVIX is an ETN and works a bit differently (I believe). Not if VXX works the same way