$Pro Ultr Cvix Shrt Futures(UVXY.US) dipped slightly, $Procure Space ETF(UFO.US) also dipped slightly, $State Street® Bridgewater®AllWeather®ETF(ALLW.US) barely moved, $Fundrise Innovation Fund LLC(VCX.US) rose slightly — these alternative ETFs are each moving on their own.
With VIX at a low level, long-volatility tools naturally have no momentum, slowly bleeding; the space theme is weak along with small-cap commercial aerospace stocks; all-weather multi-asset allocations always have low volatility. When market risk appetite is not low, tools betting on volatility and niche themes are in this kind of invisible state 🫥.
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