And here is the Inverse VIX ETN:XIV. It is opposite the VIX so instead of trading inverse like VIX or TVIX it will trade in the same direction of the SPX 'basically'. But with the same warnings. This one is single and not double I believe so will not be such a wild ride and is easier to trade and chart especially along with the broad market. Also a tempting trade here. Just have to have an exit strategy before the trade is put on like anything else.