@tradealerts-com These Exchange Traded Products (ETPs) are constructed/comprised with VIX Futures, so they will largely move in accordance with the movement of VIX Futures, which were higher, and not necessarily the VIX. Secondly, because the VIX Futures curve is in a state of backwardation, the ETPs have a tailwind for price appreciation rather than a headwind that is usually the result of contango. Good question and hopefully this will also help others recognize the VIX is not the determining factor for any given day although it is over time.

@quanto I’m not looking to get up to any more than 15% given the time of year. I am looking for a VXX/TVIX combined exposure of up to 15%. Thus far, still holding just 12% exposure as I’ve looked into the coming week’s expected move. We’ll see how the week shapes up before making any core additions.