Market Tracker

08/01 6:05pm ET

VelocityShares Daily Inverse VIX Short Term ETN (XIV)

During the Trading Day
37.75 -1.98 / -4.98%
Data as of 3:59pm ET
Day’s Change
During After-Hours   Switch to standard view »
37.40 -0.35 / -0.93%
 
Volume: 255.7K

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-3.70% 3 years+39.56%
3 months+32.59% 5 years--
1 year+63.44% Since inception+49.25%
Data through 08/01/2014

Quote Details

Previous close$39.73
Open day’s range36.92 – 40.68
Net asset value (NAV)43.41 (07/30/2014)
Daily volume29,007,812
Average volume (3 months)7,911,744
Data as of 3:59pm ET, 08/01/2014

Peer Comparisonvs. Volatility ETFs

 XIVCategory
Performance 5-yr return---47.65%
Expense Gross exp ratio1.35%1.11%
Risk 5 year sharpe ratio---1.15
Net assets$525.4M$147.6M
Average market cap--$75.9B
Average P/E--18.1
Dividend / Share----

Competitors

VIXY ProShares VIX Short-Term Futures ETF
VXX iPath S&P 500 VIX Short-Term Futures ETN
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.