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VelocityShares Daily Inverse VIX Medium-Term ETN (ZIV)

45.67
Delayed Data
As of Dec 02
 -0.16 / -0.35%
Today’s Change
31.71
Today|||52-Week Range
46.86
+10.55%
Year-to-Date

Investment Objective

The investment seeks to replicate, net of expenses, the inverse of the daily performance of the S&P 500 VIX Mid-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.

Guide to Leveraged Oil ETFs
Dec 01 / Zacks.com - Paid Partner Content
 

Performance

1 month+4.42% 3 years+8.60%
3 months+7.41% 5 years+31.66%
1 year+4.95% Since inception+24.14%
Data through 12/03/2016

Quote Details

Previous close$45.83
Open day’s range45.35 – 46.20
Net asset value (NAV)45.81 (12/01/2016)
Daily volume58,494
Average volume (3 months)46,867
Data as of 3:59pm ET, 12/02/2016

Peer Comparisonvs. Volatility ETFs

 ZIVCategory
Performance 5-yr return+31.66%-43.47%
Expense Gross exp ratio1.35%1.17%
Risk 5 year sharpe ratio1.00--
Net assets$71.8M$221.2M
Average market cap--$27.0B
Average P/E--15.6
Dividend / Share----

Competitors

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

Holdings

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