Cboe Emerging Markets ETF Volatility Index (VXEEM) (www.cboe.com/vxeem)

Volatility Indices on ETFs

Cboe Options Exchange (Cboe) now applies its proprietary Cboe Volatility Index® (VIX®) methodology to create indices that reflect expected volatility for options on select exchange-traded funds (ETFs). Cboe calculates and disseminates the Cboe Emerging Markets ETF Volatility Index (ticker VXEEM), which reflects the implied volatility of the EEM ETF, the iShares MSCI Emerging Markets Index.

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Cboe Volatility Index, VIX, Cboe, and Cboe Options Exchange are registered trademarks of Cboe Options Exchange. The methodology of the Cboe Volatility Index is owned by Cboe and may be covered by one or more patents or pending patent applications. All other trademarks and servicemarks are the property of their respective owners.