VelocityShares Daily Inverse VIX Short-Term ETN (XIV)

Tuesday’s Trading Day
46.95 +3.20 / +7.31%
As of Jul 28
Day’s Change
Wednesday’s Pre-Market   Switch to standard view »
47.58 +0.63 / +1.34%
 
Volume: 2.6K

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.

No recent news for VelocityShares Daily Inverse VIX Short-Term ETN.

Performance

1 month-9.98% 3 years+50.70%
3 months+7.27% 5 years--
1 year+0.34% Since inception+37.23%
Data through 07/29/2015

Quote Details

Previous close$43.75
Open day’s range-- – --
Net asset value (NAV)43.67 (07/27/2015)
Daily volume18,238,597
Average volume (3 months)16,617,819
Data as of 07/28/2015

Peer Comparisonvs. Volatility ETFs

 XIVCategory
Performance 5-yr return---43.47%
Expense Gross exp ratio1.35%1.08%
Risk 5 year sharpe ratio----
Net assets$579.3M$170.4M
Average market cap--$35.0B
Average P/E--16.9
Dividend / Share--0.01%

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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