VXX

iPath S&P 500 VIX Short-Term Futures ETN
B

49
  • Overview
  • Efficiency
  • Tradability
  • Fit

VXX Fund Description

The iPath S&P 500 VIX Short-Term Futures ETN tracks an index with exposure to futures contracts on the CBOE Volatility Index with average 1-month maturity. Exposure resets daily.

VXX Factset Analytics Insight

VXX is among the largest and most liquid volatility ETPs, and is one of a handful that offer short-term VIX futures exposure. Two immediate caveats: 1) volatility ETPs deliver poor long-term exposure to the VIX index; and 2) volatility ETPs have a history of erasing vast sums of investor capital over holdings periods as short as a few months. Still, short-term VIX ETPs like VXX generally make better tools for tactical exposure to the VIX than midterm products (short-term means 1-month average term VIX futures). They tend to do a better job than midterm ETPs in matching the VIX statistically, but also lose more money from contango in their futures positions. VXX’s performance is basically indistinguishable from its short-term peer ETPs but its excellent trading volume makes it the trader's choice. As an ETN, VXX is backed by Barclay’s credit rather than by assets.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
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VXX Summary Data

iPath
01/29/09
Exchange-Traded Note
0.89%
$894.60M
$1.39B
0.02%

VXX Portfolio Data

S&P 500 Short-Term
0.00%
N/A
2

VXX Index Data

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

VXX Portfolio Management

0.89%
-0.23%
-0.14%
-0.64%

VXX Tax Exposures

20.00% / 39.60%
--
No distributions
No

VXX Fund Structure

Exchange-Traded Note
No
N/A
N/A / N/A
Barclays Bank PLC
Low
Low
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

VXX Factset Analytics Block Liquidity

As of 05/24/18
5
4
3
2
1

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

VXX Tradability

32,060,346
$1.39B
29,527,362
$1.32B
0.02%
$0.01
0.06%
7.11% / -32.84%
None
100.00%
25,000
1,181.09
0.06%
0%
2,927,392
$33.81
5

VXX Performance Statistics

0.78
0.56
--
0.49
0.46
4.65%

VXX Correlations (Daily Returns 12 Mo)

Rolling 30-day Correlation to VIX Index