The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited. Volatility hedge funds have had a banner year due to the recession triggered by the COVID-19 pandemic. The CBOE Eurekahedge Long Volatility Hedge Fund Index returned 27.37% for the first eight months of the year, compared to the -10.87% return it posted for all of 2019. On the other hand, the Eurekahedge Hedge Fund Index, which includes all strategies, is up only 3.75% for the first eight months.