VelocityShares Daily Inverse VIX Medium-Term ETN (ZIV)

42.49
Delayed Data
As of Mar 30
 +0.35 / +0.83%
Today’s Change
36.55
Today|||52-Week Range
49.20
+1.72%
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 Mid-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-0.89% 3 years+38.41%
3 months-4.24% 5 years--
1 year+9.89% Since inception+32.53%
Data through 03/31/2015

Quote Details

Previous close$42.14
Open day’s range-- – --
Net asset value (NAV)42.24 (03/27/2015)
Daily volume39,353
Average volume (3 months)53,808
Data as of 03/30/2015

Peer Comparisonvs. Volatility ETFs

 ZIVCategory
Performance 5-yr return---43.47%
Expense Gross exp ratio1.35%1.10%
Risk 5 year sharpe ratio---0.91
Net assets$112.7M$200.5M
Average market cap--$72.9B
Average P/E--18.4
Dividend / Share----

Competitors

VIXY ProShares VIX Short-Term Futures ETF
VXX iPath® S&P 500 VIX Short-Term Futuresâ„...
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.

To view my watchlist

Not a member yet?

Sign up now for a free account