VelocityShares Daily Inverse VIX Short-Term ETN (XIV)

During the Trading Day
40.72 +1.35 / +3.43%
As of 4:00pm ET
Day’s Change
During After-Hours   Switch to standard view »
40.55 -0.17 / -0.42%
 
Volume: 228.9K

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+25.94% 3 years+58.01%
3 months+48.69% 5 years--
1 year+31.29% Since inception+37.90%
Data through 04/18/2015

Quote Details

Previous close$39.37
Open day’s range39.96 – 40.94
Net asset value (NAV)40.83 (04/16/2015)
Daily volume11,428,738
Average volume (3 months)18,572,917
Data as of 4:00pm ET, 04/20/2015

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$520.3M$201.2M
Average market cap--$73.6B
Average P/E--18.6
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.

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