Latest news with #TuttleCapitalManagement
Yahoo
13-05-2025
- Business
- Yahoo
Roundhill Tuttle Capital File for New Volatility ETFs
Investors looking to use volatility exchange-traded funds to hedge against the ups and downs of the market or take advantage of uncertainty around trade policy will soon have a few more options at their disposal. Roundhill Investments and Tuttle Capital Management have recently filed with the Securities and Exchange Commission to list a combined total of six new futures ETFs tracking the Cboe Volatility Index (VIX). A May 9 filing shows Roundhill's aim to launch the Roundhill Long VIX Futures Points ETF, Roundhill 2X Long VIX Futures Points ETF, Roundhill Short VIX Futures Points ETF and Roundhill 2X Short VIX Futures Points ETF. The four funds use the S&P 500 VIX Short-Term Futures Points-Change Inverse Daily Index as a reference, and the filing is expected to go into effect July 23. The management fee was not included in the filing. Roundhill didn't respond to request for comment. 'These ETFs are different from other volatility ETFs on the market,' Bryan Armour, director of ETF and passive strategies research for North America at Morningstar, told 'These will focus on the point-change of VIX futures, not percentage change. The result should be lower volatility.' Armour added that, in general, this difference makes volatility ETFs more palatable for investors—but they are 'just a toned-down version of other VIX ETFs at the end of the day.' The reason they want to tone down VIX exposure is highlighted by the fact that long short-term VIX ETFs are down at least 96% since their respective inception, he added. 'The main issue is the futures roll, or the cost of buying the next futures contract for a higher price than what they sell for the expiring month's contract,' Armour added. 'Inverse VIX ETFs have benefited from doing the opposite futures roll, but there are significant risks associated with that exposure.' Meanwhile, a May 12 filing from Tuttle Capital Management shows the firm seeks to introduce the Tuttle Capital 1X Inverse Volatility ETF and Tuttle Capital 2X Inverse Volatility ETF, magnifying the inverse performance of Cboe Volatility Index. The filing is expected to go into effect July 28 with a 1.2% management fee. 'Volatility, unlike stocks, needs a reason to stay elevated, so with the recent spike in VIX it could be an opportune time to short VIX,' Matthew Tuttle, CEO and CIO of Tuttle Capital Management, told The Tuttle ETFs align more with current VIX-related ETFs, Armour said. 'There are few wealth-destroyers like leveraged VIX ETFs, so investors would be best staying away.'Permalink | © Copyright 2025 All rights reserved Sign in to access your portfolio
Bloomberg
10-02-2025
- Business
- Bloomberg
Bloomberg ETF IQ 02/10/2025
"Bloomberg ETF IQ" focuses on the opportunities, risks and current trends tied to the trillions of dollars in the global exchange traded funds industry. Today's guests: TMX VettaFi Head of Index Product Strategy Jane Edmondson and Tuttle Capital Management CEO and CIO Matthew Tuttle. (Source: Bloomberg)
Bloomberg
10-02-2025
- Business
- Bloomberg
Entering Golden Age of Crypto: Tuttle
Bloomberg ETF IQ TV Shows Tuttle Capital Management CEO and CIO Matthew Tuttle discusses the Rareview 2X Bull Cryptocurrency & Precious Metals ETF (ticker: BEGS) and says we're entering the golden age of crypto. He speaks with Scarlet Fu and Eric Balchunas on "ETF IQ." (Source: Bloomberg)
