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VelocityShares Daily Inverse VIX Short-Term ETN (XIV)

75.09
Delayed Data
As of Apr 28
 0.00 / 0.00%
Today’s Change
20.21
Today|||52-Week Range
75.48
+60.62%
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 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+5.28% 3 years+33.26%
3 months+20.04% 5 years+43.68%
1 year+158.48% Since inception+36.89%
Data through 04/29/2017

Quote Details

Previous close$75.09
Open day’s range74.16 – 75.15
Net asset value (NAV)74.83 (04/27/2017)
Daily volume9,803,883
Average volume (3 months)13,060,117
Data as of 3:59pm ET, 04/28/2017

Peer Comparisonvs. Volatility ETFs

 XIVCategory
Performance 5-yr return+43.68%--
Expense Gross exp ratio1.35%1.49%
Risk 5 year sharpe ratio0.90--
Net assets$636.0M$11.3M
Average market cap--$33.4B
Average P/E--16.7
Dividend / Share--0.02%

Competitors

SVXY ProShares Short VIX Short-Term Futures E...
VIXY ProShares VIX Short-Term Futures ETF
VIXM ProShares VIX Mid-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.