Market Tracker

08/31 9:02am ET

VelocityShares Daily Inverse VIX Short-Term ETN (XIV)

Friday’s Trading Day
26.63 -1.36 / -4.86%
As of Aug 28
Day’s Change
Monday’s Pre-Market   Switch to standard view »
26.32 -0.31 / -1.16%
 
Volume: 217.2K

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-36.75% 3 years+25.45%
3 months-39.58% 5 years--
1 year-36.84% Since inception+23.89%
Data through 08/29/2015

Quote Details

Previous close$27.99
Open day’s range25.30 – 27.53
Net asset value (NAV)27.62 (08/27/2015)
Daily volume37,128,715
Average volume (3 months)21,107,830
Data as of 08/28/2015

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$518.2M$137.0M
Average market cap--$37.8B
Average P/E--16.5
Dividend / Share--11.97%

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.