VelocityShares Daily Long VIX Medium Term ETN (VIIZ)
- Equity | Volatility Focused Funds
The investment seeks to replicate, net of expenses, the return of the daily performance of the S&P 500 VIX Mid-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 12.09.2013
|Previous Close||$22.80||Expense Ratio||0.89%|
|YTD Return||41.1%||Avg. 30-Day Volume||19,934|
|1-Year Return||40.8%||Market Cap||Loading...|