Market Tracker

11/25 6:05pm ET

VelocityShares Daily Inverse VIX Short-Term ETN (XIV)

During the Trading Day
38.94 +0.24 / +0.62%
Data as of 4:00pm ET
Day’s Change
During After-Hours   Switch to standard view »
39.03 +0.09 / +0.23%
 
Volume: 137.0K

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+14.45% 3 years+94.20%
3 months-14.41% 5 years--
1 year+14.38% Since inception+39.82%
Data through 11/25/2014

Quote Details

Previous close$38.70
Open day’s range38.40 – 39.07
Net asset value (NAV)37.94 (11/21/2014)
Daily volume7,671,057
Average volume (3 months)17,348,467
Data as of 4:00pm ET, 11/25/2014

Peer Comparisonvs. Volatility ETFs

 XIVCategory
Performance 5-yr return---45.75%
Expense Gross exp ratio1.35%1.11%
Risk 5 year sharpe ratio---1.05
Net assets$1.2B$208.8M
Average market cap--$69.4B
Average P/E--17.6
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.