Market Tracker

10/02 6:10am ET

VelocityShares Daily Inverse VIX Short-Term ETN (XIV)

Wednesday’s Trading Day
37.50 -0.75 / -1.96%
Data as of Oct 01
Day’s Change
Thursday’s Pre-Market   Switch to standard view »
37.20 -0.30 / -0.80%
 
Volume: 1.3K

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-11.51% 3 years+91.76%
3 months-15.37% 5 years--
1 year+42.72% Since inception+41.77%
Data through 10/02/2014

Quote Details

Previous close$38.25
Open day’s range-- – --
Net asset value (NAV)38.15 (09/30/2014)
Daily volume26,014,092
Average volume (3 months)11,135,240
Data as of 10/01/2014

Peer Comparisonvs. Volatility ETFs

 XIVCategory
Performance 5-yr return---47.65%
Expense Gross exp ratio1.35%1.11%
Risk 5 year sharpe ratio---1.14
Net assets$685.7M$172.9M
Average market cap--$70.9B
Average P/E--18.1
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.