EVIX

VelocityShares 1X Long VSTOXX Futures ETN
N/A

11
*Unless otherwise stated, data provided by FactSet.

EVIX Fund Description

The VelocityShares 1X Long VSTOXX Futures ETN tracks an index of futures contracts on the Euro STOXX 50 Volatility Index, or VSTOXX, with a weighted average maturity of one month.

EVIX Factset Analytics Insight

EVIX offers exposure to volatility derivatives on the Euro STOXX 50, an index of 50 large-cap Eurozone stocks. The note rolls its exposure daily, such that the weighted average maturity of the underlying futures contracts is always one month away. Volatility futures deliver poor long-term exposure to their underlying indexes, and volatility ETPs have collectively erased vast sums of investor capital over the years. EVIX is not exempt from these concerns—as a short-term product, it should track the VSTOXX somewhat more closely than a mid-term ETP, but it will also be subject to the ferocious contango often found at the near end of the volatility futures curve. As a result, EVIX 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, EVIX is an unsecured liability of UBS.

EVIX CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 11/14/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
EVIX -9.90% 2.16% -21.10% -35.82% -- -- --
EVIX (NAV) -6.55% 4.62% -20.14% -34.08% -- -- --
CBOE Volatility Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

EVIX Summary Data

UBS
05/02/17
Exchange-Traded Note
1.35%
$3.76M
$13.12K
2.91%

EVIX Portfolio Data

Euro STOXX 50 Short-Term
--
N/A
--

EVIX Index Data

Single Asset
Single Asset
CBOE Volatility Index

EVIX Portfolio Management

1.35%
--
--
--

EVIX Tax Exposures

20.00% / 39.60%
--
No distributions
No

EVIX Fund Structure

Exchange-Traded Note
No
N/A
N/A / N/A
UBS AG (London Branch)
Low
High
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

EVIX Factset Analytics Block Liquidity

As of 11/15/18
5
4
3
2
1

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

EVIX Tradability

1,139
$13.12K
588
$8.50K
2.91%
$0.29
0.13%
20.54% / -8.91%
None
100.00%
50,000
0.01
0.15%
--
133
$9.66
5

EVIX Expected Decay

Expected decay estimates the annualized impact on returns solely from the futures term structure. A positive number implies an expected loss attributable to the term structure and a negative number implies an expected gain attributable to the term structure. Decay–to–spot compares weighted average futures contract prices with the spot VIX value. It also assumes a constant spot VIX level. Decay–to–preceding compares weighted average futures price levels with those immediately preceding on the curve, assuming that the shape of the curve is constant.

EVIX Term Structure

N/A
N/A

EVIX Performance Statistics

0.14
0.18
--
--
--
--

EVIX Correlations (DAILY RETURNS 12 MO)

0.37
-0.40

Rolling 30-day Correlation to VIX Index