Defiance to Launch 3 Volatility ETFs

Defiance to Launch 3 Volatility ETFs

There’s no need to fear, more VIX exchange-traded funds are here. With equity markets still climbing out of a slump from February highs, asset managers are looking to CBOE’s Volatility Index  — which measures the stock market’s volatility based on S&P 500 options and is often called the “fear gauge” — to understand investor sentiment. And with the VIX hitting about 40% so far this year, the economy can feel like a horror movie at times. Defiance…