What are the differences between VIXY and UVXY in the cryptocurrency market?
Farouk OguntolaMay 13, 2022 · 3 years ago1 answers
Can you explain the key differences between VIXY and UVXY in the cryptocurrency market? What makes them unique and how do they differ in terms of their features, trading strategies, and potential returns?
1 answers
- May 13, 2022 · 3 years agoAs for potential returns, UVXY has the potential for higher returns compared to VIXY due to its leverage. However, it's important to note that leverage works both ways, and UVXY can also experience larger losses during periods of low volatility. VIXY, being a non-leveraged ETF, is generally less volatile and may provide more stable returns over the long term. Ultimately, the choice between VIXY and UVXY depends on your risk tolerance, investment goals, and trading style.
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