Market Tracker

03/24 5:16pm ET

VelocityShares Daily Inverse VIX Short-Term ETN (XIV)

69.16
Delayed Data
As of Mar 24
 +1.40 / +2.07%
Today’s Change
20.21
Today|||52-Week Range
75.41
+47.94%
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.

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Performance

1 month+6.35% 3 years+31.04%
3 months+36.68% 5 years+40.45%
1 year+187.27% Since inception+35.38%
Data through 03/25/2017

Quote Details

Previous close$67.76
Open day’s range66.16 – 70.35
Net asset value (NAV)67.71 (03/23/2017)
Daily volume16,824,371
Average volume (3 months)13,706,380
Data as of 3:59pm ET, 03/24/2017

Peer Comparisonvs. Volatility ETFs

 XIVCategory
Performance 5-yr return+40.45%--
Expense Gross exp ratio1.35%1.48%
Risk 5 year sharpe ratio0.95--
Net assets$538.4M$9.1M
Average market cap--$33.1B
Average P/E--17.2
Dividend / Share--0.04%

Competitors

VIXY ProShares VIX Short-Term Futures ETF
SVXY ProShares Short VIX Short-Term Futures E...
VIXM ProShares VIX Mid-Term Futures ETF

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.