VIX Closes at $14.76 — S&P 500 Tail Risk Near Historical Lows

The Cboe VIX closed at $14.76 on August 13, 2026, up $0.21 from the prior session, per Cboe Global Markets. That places implied volatility on the S&P 500 near the 15th percentile of its multi-year range, well below the long-run mean of roughly 19–20. Translation: investors are paying historically little to hedge against sharp equity declines. The daily uptick is noise-level; the regime is calm.