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

7.46
Delayed Data
As of Apr 20
 +0.32 / +4.48%
Today’s Change
4.66
Today|||52-Week Range
43.22
+34.66%
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.

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Apr 20 / Zacks.com - Paid Partner Content
 

Performance

1 month-8.94% 3 years-86.87%
3 months+38.43% 5 years-84.61%
1 year-83.59% Since inception-86.91%
Data through 04/21/2018

Quote Details

Previous close$7.14
Open day’s range7.01 – 7.66
Net asset value (NAV)7.02 (04/19/2018)
Daily volume47,527,772
Average volume (3 months)37,415,589
Data as of 4:00pm ET, 04/20/2018

Peer Comparisonvs. Volatility ETFs

 TVIXCategory
Performance 5-yr return-84.61%--
Expense Gross exp ratio1.65%2.18%
Risk 5 year sharpe ratio-1.05--
Net assets$459.4M$12.0M
Average market cap--$41.2B
Average P/E--16.9
Dividend / Share--5.93%

Competitors

VIXY ProShares VIX Short-Term Futures ETF
VIIX VelocityShares VIX Short-Term ETN
VIIZ VelocityShares Daily Long VIX Medium-Ter...

Holdings

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