VelocityShares Daily 2x VIX Short-Term ETN (TVIX)

8.49
Delayed Data
As of 8:50am ET
 -0.14 / -1.62%
Today’s Change
4.66
Today|||52-Week Range
51.80
+53.25%
Year-to-Date

Investment Objective

The investment seeks to replicate- net of expenses- the returns of twice (2x) 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 ETNs are linked to a multiple (2x) of the daily return of the index and do not represent an investment in the VIX.

Jim Cramer: The Government Should Admit It Goofed With These Crazy Instruments
Feb 20 / TheStreet.com - Paid Partner Content
Jim Cramer: I Remember Earnings
Feb 14 / TheStreet.com - Paid Partner Content
VIX Products: 5 Key Things to Know About These Misunderstood and Maligned ETNs
Feb 17 / TheStreet.com - Paid Partner Content
VIX in Backwardation: Volatility ETFs In Focus
Feb 13 / Zacks.com - Paid Partner Content
Misunderstood VIX Products Serve a Purpose
Feb 15 / TheStreet.com - Paid Partner Content
Volatility ETF Crash: Important Takeaways
Feb 08 / Zacks.com - Paid Partner Content

Performance

1 month+68.37% 3 years-88.35%
3 months+6.74% 5 years-85.06%
1 year-80.86% Since inception-87.48%
Data through 02/21/2018

Quote Details

Previous close$8.63
Open day’s range8.44 – 8.61
Net asset value (NAV)8.54 (02/20/2018)
Daily volume8,293
Average volume (3 months)23,589,584
Data as of 8:50am ET, 02/21/2018

Peer Comparisonvs. Volatility ETFs

 TVIXCategory
Performance 5-yr return-85.06%--
Expense Gross exp ratio1.65%2.18%
Risk 5 year sharpe ratio-1.23--
Net assets$282.7M$7.6M
Average market cap--$49.1B
Average P/E--18.8
Dividend / Share--5.93%

Competitors

SVXY ProShares Short VIX Short-Term Futures E...
UVXY ProShares Ultra VIX Short-Term Futures E...
VIXY ProShares VIX Short-Term Futures ETF

Holdings

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