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VelocityShares Daily Inverse VIX Short-Term ETN (XIV)

94.25
Delayed Data
As of Jul 21
 +0.78 / +0.83%
Today’s Change
29.65
Today|||52-Week Range
94.36
+101.60%
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.

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Jul 19 / GuruFocus News - Paid Partner Content
 

Performance

1 month+11.27% 3 years+27.28%
3 months+41.56% 5 years+49.02%
1 year+203.71% Since inception+40.04%
Data through 07/21/2017

Quote Details

Previous close$93.47
Open day’s range92.51 – 94.36
Net asset value (NAV)93.54 (07/20/2017)
Daily volume7,113,846
Average volume (3 months)12,952,908
Data as of 4:00pm ET, 07/21/2017

Peer Comparisonvs. Volatility ETFs

 XIVCategory
Performance 5-yr return+49.02%--
Expense Gross exp ratio1.35%1.95%
Risk 5 year sharpe ratio0.99--
Net assets$748.6M$16.4M
Average market cap--$34.5B
Average P/E--17.0
Dividend / Share--9.92%

Competitors

VIXY ProShares VIX Short-Term Futures ETF
SVXY ProShares Short VIX Short-Term Futures E...
VXX iPath® S&P 500 VIX Short-Term Futures...
VIIX VelocityShares VIX Short-Term ETN

Holdings

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