VelocityShares Daily Long VIX Medium Term ETN (VIIZ)

  • Loading...

Fund Description

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 04.16.2014

Previous Close $21.34 Expense Ratio 0.89%
YTD Return 6.18% Avg. 30-Day Volume 11,168
1-Year Return 30.5% Market Cap Loading...
Bid $20.50 Shares Outstanding 90,000
Ask $20.53 Dividends $0.00