What impact will these changes have on VIX levels and the way the VIX responds to market moves?
As a result of the changes being made to the VIX methodology, the New VIX value will be different than the original VIX, although this difference should be small. The New VIX behaves very much like the original in that it tends to increase during stock market declines and decrease when the market advances. This historic tendency does not imply future results will be similar.
