Market Tracker

05/31 3:54pm ET

VelocityShares Daily Inverse VIX Short-Term ETN (XIV)

31.86
BATS BZX Real-Time Price
As of 3:53pm ET
 +0.17 / +0.54%
Today’s Change
15.36
Today|||52-Week Range
50.10
+23.49%
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+9.91% 3 years+11.38%
3 months+65.90% 5 years+11.67%
1 year-30.39% Since inception+23.46%
Data through 05/31/2016

Quote Details

Previous close$31.69
Open day’s range30.79 – 32.28
Net asset value (NAV)31.82 (05/27/2016)
Daily volume2,053,098
Average volume (3 months)24,976,312
Data as of 3:53pm ET, 05/31/2016

Peer Comparisonvs. Volatility ETFs

 XIVCategory
Performance 5-yr return+11.67%-43.47%
Expense Gross exp ratio1.35%1.11%
Risk 5 year sharpe ratio0.48--
Net assets$822.2M$263.5M
Average market cap--$42.3B
Average P/E--16.3
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.