11 Jan, 2021 11:30 am

2 ETFs For Heightened Volatility During Earnings Season

2 ETFs For Heightened Volatility During Earnings Season
Market Analysis by (Tezcan Gecgil/ covering: Citigroup Inc, JPMorgan Chase & Co, Merck & Company Inc, SPDR S&P 500. Read (Tezcan Gecgil/'s Market Analysis on

Our next discussion centers around an exchange-traded note (ETN), namely the iPath S&P 500® VIX Short-Term Futures ETN (NYSE: VXX ).We should note that VXX aims to achieve a daily return that matches the daily change in short-term futures contracts tracking the VIX.As the relationship is inverse, VXX may be an appropriate hedge for short-term traders who are bearish on equities.Thus, such ETNs should only be used by experienced short-term traders.

57%), followed by health care (19.Health care groups Johnson & Johnson (NYSE: JNJ ), Vertex Pharmaceuticals (NASDAQ: VRTX ) and Merck (NYSE: MRK ), global miner Newmont (NYSE: NEM ), clean energy business NextEra Energy (NYSE: NEE ), and wireless service giant T-Mobile US (NASDAQ: TMUS ) lead the businesses in the fund.

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