What is equivalent to Vxx? If I want to short or do ETF on the European market.

If you're seeking to gain exposure to the VIX index or its equivalent on the European market for shorting or ETF investments, you might consider the following options: 1. **ProShares VIX Short-Term Futures ETF (VIXY)**: This ETF is designed to track the S&P 500 VIX Short-Term Futures Index and is equivalent to VXX in terms of providing inverse correlation to U.S. and international stocks. It offers a negative correlation to the VIX index. 2. **iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX)**: This ETN tracks the S&P 500 VIX Short-Term Futures Index Total Return and is another option for those seeking exposure to the VIX index. Like VXX, it offers a short-term oriented strategy. 3. **S&P 500 VIX Mid-Term Futures Index**: This index is tracked by the iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ), which is another VIX-related ETF that offers exposure to the VIX index over a mid-term futures contract horizon. For the European market, while there might not be a direct equivalent to VXX, the ProShares VIX Short-Term Futures ETF (VIXY) and the iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) remain viable options for investors looking to gain inverse exposure or to track the VIX index. These instruments allow investors to gain short exposure to volatility, which can be beneficial during periods of high market uncertainty. If you are looking to gain exposure to European indices, you might consider ETFs that track FTSE 100, CAC 40, or DAX indices. For instance, the SPDR FTSE 100 ETF (FEXX) tracks the FTSE 100 Index, the ETFMG CFDA Emerging Markets 50 ETF (CFDV) tracks the CFDA Emerging Markets 50 Index, and the Simplex DAX ETF (DDAX) tracks the DAX Index. However, these ETFs do not directly track the VIX index, which focuses on U.S. market volatility.