VelocityShares 3x Inverse Silver ETN linked to the S&P GSCI Silver Inverse Index ER (DSLV)
- Commodity | Precious Metals
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Fund Description
The investment seeks to replicate, net of expenses, three times the opposite (inverse) of the S&P GSCI Silver index ER. The index comprises futures contracts on a single commodity. The fluctuations in the values of it are intended generally to correlate with changes in the price of silver in global markets.
Fund Snapshot Updated 05.20.2013
| Previous Close | $53.58 | Expense Ratio | 1.65% |
| YTD Return | 88.0% | Avg. 30-Day Volume | 281,598 |
| 1-Year Return | 19.0% | Market Cap | Loading... |
| Bid | $50.73 | Shares Outstanding | 588,000 |
| Ask | $50.77 | Dividends | $0.00 |
