DSLV

VelocityShares 3X Inverse Silver ETN
*Unless otherwise stated, data provided by FactSet.

DSLV Fund Description

The VelocityShares 3X Inverse Silver ETN provides -3x exposure to the performance of the front-month futures contract on silver, with daily leverage resets.

DSLV Factset Analytics Insight

Like most geared inverse products, DSLV is designed to be used as a tactical trading tool, not as a buy-and-hold investment. The note promises to provide -3x exposure to its reference index—the S&P GSCI Silver Excess Return Index—for a one-day holding period. The daily reset function means investors holding DSLV for periods of longer than one trading day will be exposed to the effects of compounding, and could see returns vary greatly from the desired -3x exposure. Since DSLV tracks an excess return version of the S&P GSCI Silver Index, returns will reflect both the changes in the price of silver and any returns from rolling futures contracts. Although its fee is extremely high, trading costs are of greater importance, since the fund is designed for intraday round-trip trades. The Tradability story here is mixed: DSLV trades with great volume but its spreads remain significant.

DSLV CHARTS AND PERFORMANCE

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 08/16/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
DSLV 24.07% 35.77% 44.58% 41.87% -18.43% -3.48% --
DSLV (NAV) 21.88% 33.12% 45.67% 35.93% -18.82% -- --
S&P GSCI Silver Index ER -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

DSLV Summary Data

10/14/11
Exchange-Traded Note
1.65%
$18.21M
0.09%

DSLV Portfolio Data

0.00%
N/A

DSLV Index Data

Single Asset
Single Asset
N/A

DSLV Fund Structure

No
N/A
N/A / N/A
Credit Suisse AG
Low
High
-3
Daily

DSLV Tax Exposures

20.00% / 39.60%
--
No
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

DSLV Factset Analytics Block Liquidity

As of 08/17/18
5
4
3
2
1

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

DSLV Tradability

217,250
$5.81M
165,558
$4.42M
0.09%
$0.02
-0.01%
5.45% / -4.17%
None
0.00%
25,000
6.62
0.04%
--
--
$33.54
5