Market Tracker

04/24 3:32pm ET

VelocityShares Daily Inverse VIX Short Term ETN (XIV)

31.76
Real-Time Quote
 -0.39 / -1.21%
Today’s Change
17.90
Today|||52-Week Range
36.62
-7.62%
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+7.61% 3 years+25.67%
3 months-11.55% 5 years--
1 year+48.12% Since inception+41.35%
Data through 04/24/2014

Quote Details

Previous close$32.15
Open day’s range31.56 – 32.37
Net asset value (NAV)32.38 (04/22/2014)
Daily volume8,044,238
Average volume (3 months)15,114,364
Data as of 3:32pm ET, 04/24/2014

Peer Comparisonvs. Volatility ETFs

 XIVCategory
Performance 5-yr return---48.69%
Expense Gross exp ratio1.35%1.11%
Risk 5 year sharpe ratio---1.19
Net assets$585.0M$165.4M
Average market cap--$82.9B
Average P/E--17.6
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.