Market Tracker

07/25 6:05pm ET

VelocityShares Daily Inverse VIX Short Term ETN (XIV)

43.84
Data as of Jul 25
 -1.32 / -2.92%
Today’s Change
22.22
Today|||52-Week Range
47.66
+27.52%
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+3.39% 3 years+36.02%
3 months+39.62% 5 years--
1 year+72.90% Since inception+50.51%
Data through 07/26/2014

Quote Details

Previous close$45.16
Open day’s range43.59 – 44.47
Net asset value (NAV)44.47 (07/24/2014)
Daily volume8,587,130
Average volume (3 months)7,571,295
Data as of 4:00pm ET, 07/25/2014

Peer Comparisonvs. Volatility ETFs

 XIVCategory
Performance 5-yr return---47.65%
Expense Gross exp ratio1.35%1.11%
Risk 5 year sharpe ratio---1.15
Net assets$525.4M$147.6M
Average market cap--$75.9B
Average P/E--18.1
Dividend / Share----

Competitors

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