Bored With Shorting VIX? New ETF Offers a Credit-Volatility Bet
- Tabula lists product tied to price swings in high-yield market
- Premium of expected to actual vol powers short-equity trade
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The short-volatility complex is coming to corporate debt ETFs.
An exchange-traded fund that will test appetite for credit volatility as a standalone asset class arrived this month, smack in the middle of the calmest junk-bond markets since October.