Market Tracker

01/29 11:19am ET

VelocityShares Daily Inverse VIX Short-Term ETN (XIV)

26.35
BATS BZX Real-Time Price
 -0.78 / -2.88%
Today’s Change
24.67
Today|||52-Week Range
47.66
-15.38%
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-13.81% 3 years+51.62%
3 months-7.19% 5 years--
1 year-1.55% Since inception+30.80%
Data through 01/29/2015

Quote Details

Previous close$27.13
Open day’s range26.06 – 27.06
Net asset value (NAV)30.57 (01/27/2015)
Daily volume11,992,669
Average volume (3 months)18,664,443
Data as of 11:19am ET, 01/29/2015

Peer Comparisonvs. Volatility ETFs

 XIVCategory
Performance 5-yr return---43.47%
Expense Gross exp ratio1.35%1.10%
Risk 5 year sharpe ratio---0.96
Net assets$937.8M$194.0M
Average market cap--$71.4B
Average P/E--17.5
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.