---
title: $VVIX just made its lowest close in about 8 years
description: "What is the Cboe VVIX Index?\nVolatility is often called a new asset class, and every asset class deserves its own volatility index. The Cboe VVIX IndexSM represents the expected volatility of the VIX®. VVIX derives the expected 30-day volatility of VIX by applying the VIX algorithm to VIX options. \n\nSource: Swordfishvegetable"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [$VVIX just made its lowest close in about 8 years](https://blog.syzgroup.com/syz-the-moment/vvix-just-made-its-lowest-close-in-about-8-years)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | May 7, 2024, 1:33:52 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/vvix-just-made-its-lowest-close-in-about-8-years)

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