Market Tracker

04/28 4:45pm ET

VelocityShares Daily Inverse VIX Short-Term ETN (XIV)

27.08
Delayed Data
As of Apr 28
 -1.73 / -6.00%
Today’s Change
15.36
Today|||52-Week Range
50.10
+4.96%
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+17.70% 3 years+7.77%
3 months+46.04% 5 years+10.80%
1 year-32.75% Since inception+21.13%
Data through 04/28/2016

Quote Details

Previous close$28.81
Open day’s range26.90 – 29.37
Net asset value (NAV)28.20 (04/26/2016)
Daily volume21,481,044
Average volume (3 months)28,161,784
Data as of 4:14pm ET, 04/28/2016

Peer Comparisonvs. Volatility ETFs

 XIVCategory
Performance 5-yr return+10.80%-43.47%
Expense Gross exp ratio1.35%1.08%
Risk 5 year sharpe ratio0.54--
Net assets$901.2M$220.9M
Average market cap--$38.2B
Average P/E--15.1
Dividend / Share--11.81%

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.