How SVOL and Volatility Income can Fit in Your Portfolio

I think ESVL, understanding it relative to an overall portfolio construct, positioning it properly, understanding when you do have those V spikes, what's inside of your portfolio is going to potentially hedge you from a little bit of that exposure. It can make sense from a generation of income. Knowing your tax consequences of receiving it and all that good stuff, of course, is important.

To that end, if you're just building a portfolio as V fall, I think that muted portion of that volatility makes a lot of sense. It's going to get people to stick to it. With a full-on inverse, the possibility of a complete wipeout is very real.

I think with both of these, or I would say much less so with SVL, because you're just not taking that full-on inverse exposure, and I don't think you'll get completely wiped out of seal either, but you could get really close.

I think that's just the reason I would give as V fall the winner, it's easier to stomach in terms of how you would play it in context of building a portfolio. And that's what we do here at ETF Action. That's how I like to talk about it.