Market Tracker

10/31 7:05pm ET

VelocityShares Daily Inverse VIX Short-Term ETN (XIV)

35.06
Data as of Oct 31
 +0.85 / +2.48%
Today’s Change
24.67
Today|||52-Week Range
47.66
+1.98%
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.

Performance

1 month-11.17% 3 years+66.82%
3 months-22.18% 5 years--
1 year+16.26% Since inception+36.72%
Data through 10/31/2014

Quote Details

Previous close$34.21
Open day’s range34.51 – 35.35
Net asset value (NAV)34.03 (10/29/2014)
Daily volume16,674,051
Average volume (3 months)17,890,428
Data as of 3:59pm ET, 10/31/2014

Peer Comparisonvs. Volatility ETFs

 XIVCategory
Performance 5-yr return---45.75%
Expense Gross exp ratio1.35%1.11%
Risk 5 year sharpe ratio---1.06
Net assets$590.6M$189.9M
Average market cap--$68.3B
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 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.