Russell 2000 and NASDAQ-100 Volatility in 2013

The Russell 2000 was a stellar performer in 2013 rising 37.00% and beating other US equity market indexes.  The US economy seems to be leading the world out of a protracted stall and the RUT, being comprised mostly of companies that focus on domestic sales, benefitted from this trend.


Since the Russell 2000 beat other market indexes, the CBOE Russell 2000 Volatility Index (RVX – 17.50) made an all-time low in 2013.

RVX Table

The NASDAQ-100 also beat the S&P 500 in 2013 rising 34.99%.  The result of this sustained bullish run was a low VXN as investors never decided to panic over the direction of tech and bio-tech stocks.  Not exiting or buying puts whenever there was any sign of weakness.


The average VXN closing price in 2013 was 15.14 which is the lowest average close in the last 10 years.  In addition VXN put in a 10 year low of 12.03 as every minor sell off in stocks was met with buying on weakness and further moves to the upside.

VXN Table