Market Tracker

09/28 2:52pm ET

VelocityShares Daily Inverse VIX Short-Term ETN (XIV)

38.41
BATS BZX Real-Time Price
As of 2:52pm ET
 +0.55 / +1.45%
Today’s Change
15.36
Today|||52-Week Range
40.59
+48.88%
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-1.04% 3 years+7.70%
3 months+74.47% 5 years+42.80%
1 year+45.17% Since inception+24.72%
Data through 09/28/2016

Quote Details

Previous close$37.86
Open day’s range36.94 – 38.49
Net asset value (NAV)36.22 (09/26/2016)
Daily volume1,824,682
Average volume (3 months)27,773,303
Data as of 2:52pm ET, 09/28/2016

Peer Comparisonvs. Volatility ETFs

 XIVCategory
Performance 5-yr return+42.80%-43.47%
Expense Gross exp ratio1.35%1.15%
Risk 5 year sharpe ratio0.81--
Net assets$677.6M$203.2M
Average market cap--$37.7B
Average P/E--17.5
Dividend / Share----

Competitors

VIXY ProShares VIX Short-Term Futures ETF
VIIX VelocityShares VIX Short-Term ETN
VXX iPath® S&P 500 VIX Short-Term Futuresâ„...

Holdings

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