VIIX

VelocityShares Daily Long VIX Short-Term ETN
CLOSING PRICECHANGE (%)VOLUME
$7.26+0.02 (0.28%)438.91K
3:59:00 p.m. (ET) 01/13/2017
BZX EXCHANGE CLOSED
LAST TRADECHANGE (%)
$7.25-0.01 (-0.14%)
4:10:18 p.m. (ET) 01/16/2017
BID SIZEBID ($)ASK ($)ASK SIZE
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Bats BZX Real-Time Quote

Overall Rating

B

53
as of 01/16/17

Rating Details

76
95
53
Segment Average
  • Overview
  • Efficiency
  • Tradability
  • Fit

VIIX Fund Description

The VelocityShares Daily Long VIX Short-Term ETN tracks an index of futures contracts on the CBOE Volatility Index with, on average, 1 month until maturity. It resets its exposure daily.

VIIX FactSet Analytics Insight

VIIX is one of three volatility ETPs thatlow AUM raises concerns about its viability offer short-term VIX futures exposure, but low assets make it less attractive. Two immediate caveats: 1) volatility ETPs deliver poor long-term exposure to the VIX index; and 2) volatility ETPs erased vast sums of investor capital over the past 12 months. Still, short-term VIX ETPs like VIIX generally make better tools for tactical exposure to the VIX than midterm products. (Short term means one month average term VIX futures.) They also did a better job than midterm ETPs at matching the VIX statistically over the past 12 months, but lost more money from greater contango in their futures positions. VIIX’s performance was indistinguishable from its two short-term peers, but its low AUM raises concerns about its viability. The ETN trades well, but institutions can do better elsewhere.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

VIIX Summary Data

11/29/10
Exchange-Traded Note
0.89%
$9.43 M
$2.54 M
0.15%

VIIX Portfolio Data

S&P 500 Short-Term
0%
N/A
2

VIIX Index Data

Single Asset
Single Asset
CBOE Volatility Index
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

VIIX Portfolio Management

0.89%
-0.45%
-0.12%
-0.74%

VIIX Tax Exposures

20.00% / 39.60%
--
No distributions
No

VIIX Fund Structure

Exchange-Traded Note
No
N/A
0% / 100%
Credit Suisse AG
Low
High
Daily
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
ASKS----
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BIDS----
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LAST 10 TRADES
TIMEPRICESHARES
16:10:187.25900
15:59:487.26300
15:59:487.26300
15:59:397.26300
15:59:397.26300
15:59:327.26700
15:59:217.26400
15:58:447.26300
15:58:447.26400
15:58:307.26800
Bats BZX Real-time Quote - 23:59:59
Average Spread
Premium/Discount
Volume

VIIX FactSet Analytics Block Liquidity

As of 01/16/17
5
4
3
2
1

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

VIIX Tradability

285,291
$2.54 M
263,274
$2.32 M
0.15%
$0.01
0.17%
3.64% / -7.32%
None
100.00%
25,000
10.53
0.05%
0%
2,732
$7.26
5

Term Structure VIX Futures As of 12/31/1969

VIIX Performance Statistics

0.80
0.47
--
0.49
0.47
4.65%

Rolling 30-day Correlation to VIX Index