Market Tracker

09/02 12:42pm ET

VelocityShares Daily Inverse VIX Short Term ETN (XIV)

42.96
Real-Time Quote
 -0.42 / -0.97%
Today’s Change
22.22
Today|||52-Week Range
47.66
+24.96%
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-0.84% 3 years+79.76%
3 months+12.77% 5 years--
1 year+83.35% Since inception+48.18%
Data through 08/30/2014

Quote Details

Previous close$43.38
Open day’s range42.87 – 43.57
Net asset value (NAV)43.62 (08/28/2014)
Daily volume3,081,905
Average volume (3 months)9,850,810
Data as of 12:42pm ET, 09/02/2014

Peer Comparisonvs. Volatility ETFs

 XIVCategory
Performance 5-yr return---47.65%
Expense Gross exp ratio1.35%1.11%
Risk 5 year sharpe ratio---1.10
Net assets$534.5M$171.7M
Average market cap--$67.5B
Average P/E--17.7
Dividend / Share----

Competitors

VIXY ProShares VIX Short-Term Futures ETF
VXX iPath® S&P 500 VIX Short-Term Futuresâ„...
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.