Market Tracker

09/19 6:35pm ET

VelocityShares Daily Inverse VIX Short-Term ETN (XIV)

During the Trading Day
44.47 -0.02 / -0.04%
Data as of 3:59pm ET
Day’s Change
During After-Hours   Switch to standard view »
44.05 -0.42 / -0.94%
 
Volume: 83.8K

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+3.11% 3 years+81.95%
3 months+4.91% 5 years--
1 year+57.86% Since inception+47.71%
Data through 09/19/2014

Quote Details

Previous close$44.49
Open day’s range43.85 – 45.17
Net asset value (NAV)44.03 (09/17/2014)
Daily volume8,879,543
Average volume (3 months)10,051,807
Data as of 3:59pm ET, 09/19/2014

Peer Comparisonvs. Volatility ETFs

 XIVCategory
Performance 5-yr return---47.65%
Expense Gross exp ratio1.35%1.11%
Risk 5 year sharpe ratio---1.14
Net assets$685.7M$172.9M
Average market cap--$70.9B
Average P/E--18.1
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.