Market Tracker

10/24 6:05pm ET

VelocityShares Daily Inverse VIX Short-Term ETN (XIV)

32.37
Data as of Oct 24
 +0.32 / +1.00%
Today’s Change
24.67
Today|||52-Week Range
47.66
-5.85%
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-26.55% 3 years+69.73%
3 months-31.74% 5 years--
1 year+6.33% Since inception+33.59%
Data through 10/24/2014

Quote Details

Previous close$32.05
Open day’s range30.21 – 32.56
Net asset value (NAV)30.90 (10/22/2014)
Daily volume22,276,518
Average volume (3 months)17,362,839
Data as of 3:59pm ET, 10/24/2014

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.