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OVX
 VIX index for OVX, an ETF on Crude Oil
Last Sale

43.84

Change

2.01 (4.81%)

Open

43.48

High

44.05

Low

41.52

Prev Close

41.83

VIX index for OVX, an ETF on Crude Oil
  • Overview
  • Performance
     

VIX index for OVX, an  ETF on Crude Oil 

The Cboe Crude Oil ETF Volatility IndexSM (OVX) is a VIX®-style estimate of the expected 30-day volatility of crude oil as priced by the United States Oil Fund, (USO).   Like VIX, OVX  is calculated by interpolating between two  weighted sums of option midquote  values,  in this case options onthe OVX ETF. The two sums essentially represent the expected variance of the Euro to Dollar exchange rate up to two option expiration dates that bracket a 30-day period of time.  OVX  is obtained by annualizing the interpolated value, taking its square root and expressing the result in percentage points. 


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The performance quoted represents past performance and does not guarantee future results.