VelocityShares Daily Inverse VIX Short Term ETN (XIV)
| 22.97 Data as of May 24 |  +0.02 / +0.09%Today’s Change | 8.06 Today|||52-Week Range 25.69 | +38.44% 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.
Latest XIV News
| Time to Buy the Covered Call Silver and Gold ETFs? - ETF News And Commentary May 24 / Zacks.com | Natural Gas ETFs Slide on Bearish Storage Report - ETF News And Commentary May 16 / Zacks.com |
| How to Short Silver with ETFs - ETF News And Commentary May 21 / Zacks.com | 4 Ways to Short Oil with ETFs - ETF News And Commentary May 16 / Zacks.com |
Performance
| 1 month | +0.48% | 3 years | -- | |
| 3 months | +3.32% | 5 years | -- | |
| 1 year | +148.60% | Since inception | +39.95% |
Data through 05/25/2013
Quote Details
| Previous close | $22.95 |
| Open day’s range | 22.50 – 23.05 |
| Net asset value (NAV) | 23.02 (05/23/2013) |
| Daily volume | 12,438,809 |
| Average volume (3 months) | 16,258,179 |
Data as of 4:00pm ET, 05/24/2013
Peer Comparisonvs. Volatility ETFs
| XIV | Category | |
|---|---|---|
| Performance 5-yr return | -- | -- |
| Expense Gross exp ratio | 1.35% | 1.11% |
| Risk 5 year sharpe ratio | -- | -- |
| Net assets | $656.1M | $170.9M |
| Average market cap | -- | $30.0B |
| Average P/E | -- | 13.3 |
| Dividend / Share | -- | -- |
Competitors
| No competitors data available. |
Holdings
Top 5 SectorsPortfolio weighting
| Business service | -- |
| Consumer goods | -- |
| Consumer service | -- |
| Energy | -- |
| Financial service | -- |
Top 10 HoldingsPortfolio weighting
| Holdings not available. |