VelocityShares Daily Inverse VIX Short-Term ETN (XIV)

Thursday’s Trading Day
45.47 -0.52 / -1.13%
As of May 28
Day’s Change
Friday’s Pre-Market   Switch to standard view »
45.43 -0.04 / -0.09%
 
Volume: 18.5K

Investment Objective

The investment seeks to replicate, net of expenses, the inverse of the daily performance of the S&P 500 VIX Short-Term Futures index. The index was designed to provide investors with exposure to one or more maturities of futures contracts on the VIX, which reflects implied volatility of the S&P 500 Index at various points along the volatility forward curve. The calculation of the VIX is based on prices of put and call options on the S&P 500 Index. The ETNs are linked to the daily inverse return of the index and do not represent an investment in the inverse of the VIX.

Performance

1 month+12.28% 3 years+69.18%
3 months+38.18% 5 years--
1 year+17.99% Since inception+40.28%
Data through 05/29/2015

Quote Details

Previous close$45.99
Open day’s range-- – --
Net asset value (NAV)45.71 (05/27/2015)
Daily volume12,197,811
Average volume (3 months)14,693,534
Data as of 05/28/2015

Peer Comparisonvs. Volatility ETFs

 XIVCategory
Performance 5-yr return---43.47%
Expense Gross exp ratio1.35%1.10%
Risk 5 year sharpe ratio----
Net assets$381.9M$179.7M
Average market cap--$75.0B
Average P/E--18.7
Dividend / Share----

Competitors

VIXY ProShares VIX Short-Term Futures ETF
VIIX VelocityShares VIX Short-Term ETN
VXX iPath® S&P 500 VIX Short-Term Futuresâ„...

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.

To view my watchlist

Not a member yet?

Sign up now for a free account