40
12/18
The VIX® Index closed 2019 at 13.8, well below the volatility index’s long-term average. Despite this backdrop, investors withdrew a record $135 billion from U.S. equity funds and reallocated into bond and money-market funds.
Volatility and IPO Volume
Source: Provided as a courtesy by Cboe Exchange, Inc. (Cboe), Dealogic, and FactSet
35
30
25
1/19
2/19
3/19
4/19
5/19
6/19
7/19
8/19
20
15
5
10
0
9/19
10/19
11/19
12/19
40
35
25
30
20
15
5
10
0
#IPOs Filed
VIX® Index
30D Rolling IPO Filings
Cboe Volatility Index® (VIX® Index)