Fund Description
The investment seeks to replicate, net of expenses, the returns of twice (2x) 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 ETNs are linked to a multiple (2x) of the daily return of the index and do not represent an investment in the VIX.
Fund Snapshot Updated 05.16.2013
| Previous Close | $2.58 | Expense Ratio | 1.65% |
| YTD Return | 71.5% | Avg. 30-Day Volume | 4,292,600 |
| 1-Year Return | 97.2% | Market Cap | Loading... |
| Bid | $2.65 | Shares Outstanding | 59,239,000 |
| Ask | $2.66 | Dividends | $0.00 |
