• Despite new all-time highs for the S&P 500® in January 2021, the Cboe® Volatility Index (VIX®) remained elevated.
  • The last time the VIX® posted a daily closing value below its historical average of 20 was February 21, 2020.
  • If the current streak surpasses the 239 consecutive business days mark, it will be the second-longest run in history.
  • Graphic compares previous periods of extended volatility dating back to the market crash of 1987.