ETN profile

VelocityShares 1x Daily Inverse VSTOXX Futures ETN (EXIV)

ETN overview

This investment product is engineered to track the performance of the VSTOXX Short-Term Futures Inverse Investable Index. This index aims to replicate the returns of a short position in VSTOXX futures contracts, which are specifically designed to offer inverse exposure to the constant-maturity one-month forward and one-month implied volatilities of the underlying EURO STOXX 50 Index. The calculation method for this index factors in the bid-ask spread encountered during the futures roll procedure, as well as daily reset costs, both of which are expected to diminish the overall value of the Inverse Securities.

WebsiteN/A
CountryN/A
ExchangeCBOE
Trades inUSD

Delisted · last close 13 Apr 2020

Current price
7.45 USD0.00%
Last close 13 Apr 2020
Benchmarks

Fund facts

Leverage
-1x daily
Expense ratio
1.35%
Fund assets
60.47M USD (all share classes)
Issuer
VelocityShares
Inception date
May 2, 2017

Historical returns do not guarantee future returns. This is not investment advice.

Delisted · last close 13 Apr 2020

VelocityShares 1x Daily Inverse VSTOXX Futures ETN (EXIV)

EXIV · CBOE
7.45 USD0.00%
Benchmarks
Fund facts
Leverage
-1x daily
Expense ratio
1.35%
Fund assets
60.47M USD (all share classes)
Issuer
VelocityShares
Inception date
May 2, 2017
ETN overview

This investment product is engineered to track the performance of the VSTOXX Short-Term Futures Inverse Investable Index. This index aims to replicate the returns of a short position in VSTOXX futures contracts, which are specifically designed to offer inverse exposure to the constant-maturity one-month forward and one-month implied volatilities of the underlying EURO STOXX 50 Index. The calculation method for this index factors in the bid-ask spread encountered during the futures roll procedure, as well as daily reset costs, both of which are expected to diminish the overall value of the Inverse Securities.

CountryN/A
Trades inUSD

Historical returns do not guarantee future returns. This is not investment advice.

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