`Fear' index jumps 35% as stocks slide
- Seeking Alpha
As of November 29, 2018, Exchange Traded Concepts Trust - REX VolMAXX Short VIX Futures Strategy ETF has gone out of business. Exchange Traded Concepts Trust - REX VolMAXX Short VIX Futures Strategy ETF is an exchange traded fund launched and managed by Exchange Traded Concepts, LLC. The fund is co-managed by Vident Investment Advisory, LLC. It invests in public equity markets of the United States. The fund takes short positions and uses derivatives such as futures contracts to invest in stocks of companies operating across diversified sectors. It invests in volatile stocks of large-cap companies. The fund also makes its investments through a wholly-owned Cayman Islands subsidiary. It seeks to benchmark the performance of its portfolio against the S&P 500 VIX Short Term Futures Inverse Daily Index and the S&P 500 Index. The fund was formerly known as Exchange Traded Concepts Trust - REX VolMAXX Short VIX Weekly Futures Strategy ETF. Exchange Traded Concepts Trust - REX VolMAXX Short VIX Futures Strategy ETF was formed on May 2, 2016 and is domiciled in the United States.