The VIX index average during 2017 came in at 11.1. That is the lowest reading ever — by more than one and a half points — since the VIX inception in 1986. By way of comparison, the daily average for all years since then was over 20.
Likewise, the maximum level reached by the VIX in 2017 was 17.3. That’s the lowest maximum level attained in any year since inception—-and 60% lower than average.