Market Tracker

10/21 9:37am ET

VelocityShares Daily Inverse VIX Short-Term ETN (XIV)

31.53
Real-Time Quote
 +1.05 / +3.44%
Today’s Change
24.67
Today|||52-Week Range
47.66
-8.29%
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-35.52% 3 years+66.24%
3 months-34.30% 5 years--
1 year-2.67% Since inception+30.84%
Data through 10/21/2014

Quote Details

Previous close$30.48
Open day’s range31.39 – 31.67
Net asset value (NAV)28.39 (10/17/2014)
Daily volume700,504
Average volume (3 months)16,294,446
Data as of 9:37am ET, 10/21/2014

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.