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 04.16.2014

Previous Close $60.06 Expense Ratio 0.89%
YTD Return 0.64% Avg. 30-Day Volume 105,577
1-Year Return 49.9% Market Cap Loading...
Bid $57.22 Shares Outstanding 168,000
Ask $57.26 Dividends $0.00