Market Tracker

07/31 5:16pm ET

VelocityShares Daily Inverse VIX Short-Term ETN (XIV)

During the Trading Day
48.04 +0.07 / +0.15%
As of 3:59pm ET
Day’s Change
During After-Hours   Switch to standard view »
48.15 +0.11 / +0.23%
 
Volume: 204.8K

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+19.52% 3 years+55.53%
3 months+17.99% 5 years--
1 year+9.79% Since inception+40.00%
Data through 07/31/2015

Quote Details

Previous close$47.97
Open day’s range47.38 – 48.74
Net asset value (NAV)48.01 (07/29/2015)
Daily volume12,466,101
Average volume (3 months)16,459,026
Data as of 3:59pm ET, 07/31/2015

Peer Comparisonvs. Volatility ETFs

 XIVCategory
Performance 5-yr return---43.47%
Expense Gross exp ratio1.35%1.08%
Risk 5 year sharpe ratio----
Net assets$579.3M$170.4M
Average market cap--$35.0B
Average P/E--16.9
Dividend / Share--0.01%

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.