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VelocityShares Daily Inverse VIX Medium-Term ETN (ZIV)

71.96
Delayed Data
As of 11:31am ET
 -0.55 / -0.76%
Today’s Change
39.95
Today|||52-Week Range
77.27
+54.62%
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 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.

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Performance

1 month-1.30% 3 years+15.11%
3 months+12.14% 5 years+34.31%
1 year+70.97% Since inception+29.97%
Data through 08/23/2017

Quote Details

Previous close$72.51
Open day’s range71.02 – 72.07
Net asset value (NAV)72.94 (08/22/2017)
Daily volume44,246
Average volume (3 months)121,645
Data as of 11:31am ET, 08/23/2017

Peer Comparisonvs. Volatility ETFs

 ZIVCategory
Performance 5-yr return+34.31%--
Expense Gross exp ratio1.35%1.95%
Risk 5 year sharpe ratio1.26--
Net assets$199.9M$14.9M
Average market cap--$50.2B
Average P/E--17.5
Dividend / Share--9.92%

Competitors

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