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Once Again, the VXX is Not Evil

March 18, 2011 By Steven Place

For "buy and holders" in volatility etfs, the past year has been one cruel joke to their holdings. And while the most popular volatility ETN (VXX) has spiked up, rising 42% off its lows, it still has seen an almost comical move from its inception, losing 91% of its value. It's not only due to

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