Market Tracker

08/28 6:02pm ET

VelocityShares Daily Inverse VIX Short Term ETN (XIV)

During the Trading Day
43.08 -0.75 / -1.71%
Data as of 3:59pm ET
Day’s Change
During After-Hours   Switch to standard view »
43.67 +0.59 / +1.37%
 
Volume: 197.7K

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+1.22% 3 years+80.34%
3 months+17.25% 5 years--
1 year+68.71% Since inception+48.66%
Data through 08/28/2014

Quote Details

Previous close$43.83
Open day’s range42.42 – 43.52
Net asset value (NAV)44.05 (08/26/2014)
Daily volume6,602,063
Average volume (3 months)9,669,348
Data as of 3:59pm ET, 08/28/2014

Peer Comparisonvs. Volatility ETFs

 XIVCategory
Performance 5-yr return---47.65%
Expense Gross exp ratio1.35%1.11%
Risk 5 year sharpe ratio---1.10
Net assets$534.5M$171.7M
Average market cap--$67.5B
Average P/E--17.7
Dividend / Share----

Competitors

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