VelocityShares Daily Long VIX Short Term ETN (VIIX)

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Fund Description

The investment seeks to replicate, net of expenses, the return 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 return of the index and do not represent an investment in the VIX.

Fund Snapshot Updated 05.20.2013

Previous Close $9.86 Expense Ratio 0.89%
YTD Return 42.6% Avg. 30-Day Volume 445,202
1-Year Return 77.0% Market Cap Loading...
Bid $9.87 Shares Outstanding 1,850,000
Ask $9.88 Dividends $0.00
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