The VS TR -1x Short VIX Futures ETF (SVIX) saw a 1.02% increase at the close on November 26, 2024, with an additional 0.24% rise after market hours. The Cboe Volatility Index (VIX), a key measure of market volatility, fell 4.8% to 13.90, indicating a calmer market environment as the holiday season approaches. This decline in the VIX reflects a more stable market sentiment, with the index moving below the 14 mark, suggesting reduced fear among investors. The VIX's drop aligns with mixed equity market performance, where the Dow Jones Industrial Average fell by 110 points, while the S&P 500 and Nasdaq Composite saw gains. The VIX's decrease is also supported by below-average option volumes, highlighting a lack of significant hedging activity.