EXIV

VelocityShares 1X Daily Inverse VSTOXX Futures ETN

EXIV Fund Description

The VelocityShares 1X Daily Inverse VSTOXX Futures ETN provides inverse exposure to an index of futures on the Euro STOXX Volatility Index, or VSTOXX, with a weighted average maturity of one month.

EXIV Factset Analytics Insight

EXIV offers -1x daily inverse exposure to volatility derivatives on the Euro STOXX 50, an index of 50 large-cap Eurozone stocks. The note rolls its contract exposure daily, such that the weighted average maturity of the underlying futures contracts is always one month away. As a geared product, EXIV’s long-term exposure to the underlying futures will vary from -1x due to daily compounding, and volatility futures do a poor job of tracking their underlying indexes over the long-term. As a result, EXIV is only suitable for tactical, short-term positions, and the note’s steep expense ratio is less important than its trading costs. As an ETN, EXIV is an unsecured liability of UBS.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
ASKS----
----
----
----
----
BIDS----
----
----
----
----
LAST 10 TRADES
TIMEPRICESHARES
13:11:1947.20100
12:12:4947.0010
12:12:4947.0026
12:12:4947.0055
11:16:0946.47100
09:30:0046.4615
09:30:0046.4610
------
------
------
Bats BZX Real-time Quote - 18:53:43
Daily Spread
Premium/Discount
Volume

EXIV Factset Analytics Block Liquidity

As of 12/11/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of EXIV. EXIV is rated a N/A out of 5.

EXIV Summary Data

UBS
05/02/17
Exchange-Traded Note
1.35%
$50.21M
0.27%

EXIV Portfolio Data

--
N/A

EXIV Index Data

Single Asset
Single Asset
N/A

EXIV Fund Structure

No
N/A
N/A
UBS AG (London Branch)
Low
Low
-1
Daily

EXIV Tax Exposures

20% / 39.6%
--
No

EXIV Tradability

10,435
$444.3K
5,878
$255.72K
0.27%
0.11%
3.91% / -5.69%
None
50,000
0.12
0.15%
--
$45.57
N/A