Market Tracker

04/01 5:16pm ET

VelocityShares Daily Inverse VIX Short-Term ETN (XIV)

During the Trading Day
34.66 +0.02 / +0.06%
As of 3:59pm ET
Day’s Change
During After-Hours   Switch to standard view »
34.85 +0.19 / +0.55%
 
Volume: 184.5K

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+7.38% 3 years+42.06%
3 months+3.74% 5 years--
1 year+15.66% Since inception+34.00%
Data through 04/01/2015

Quote Details

Previous close$34.64
Open day’s range33.55 – 34.70
Net asset value (NAV)35.52 (03/30/2015)
Daily volume17,394,842
Average volume (3 months)20,942,726
Data as of 3:59pm ET, 04/01/2015

Peer Comparisonvs. Volatility ETFs

 XIVCategory
Performance 5-yr return---43.47%
Expense Gross exp ratio1.35%1.10%
Risk 5 year sharpe ratio---0.91
Net assets$664.2M$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.