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VELOCITYSHARES DAILY 2X VIX SHORT-TERM: (AMEX : TVIX)

(U.S : AMEX) As of Jul 31, 2014 03:59 PM ET

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$3.47 USD

+0.48 (16.05%)

Volume: 29,340,694

Zacks ETF Rank: 0 - Not Rated [?]          

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

ETF Quote Details

Previous Close 2.99
Open 2.90
Bid 3.59
Ask 3.60
Day Low-High 3.13-3.55
52wk Low-High 2.65-21.47
Volume 29,340,694
NAV (month end) 7.09
Premium (+)/Discount (-) (month end)-4.10

Zacks Premium Research for TVIX

Zacks ETF Rank [?] Not rated 0
ETF Risk [?] NA

Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

ETF Expense Ratio

Expense Ratio 1.65%
Dividend (Yield) $0.00 (0.00%)
Issuer VELOCITYSHARES

Benchmark for TVIX

SP 500 VIX SHORT-TERM FUTURES INDEX ER

index was designed to provide investors with exposure to one or more maturities of futures contracts on the VIX, which reflects implied volatility of the S&P 500 Index at various points along the volatility forward curve.The calculation of the VIX is based on prices of put and call options on the S&P 500 Index.The ETNs are linked to a multiple (2x) of the daily return of the index.

Fund Summary for TVIX

VELOCITYSHARES DAILY 2X VIX SHORT-TERM

The ETN is senior, unsecured obligations of Credit Suisse. Its return is linked to 2x the daily performance of the S&P 500 VIX Short-Term Futures Index less the investor fee. It provides traders to express their market views on the short-term futures contracts on the CBOE SPX Volatility Index. It does not guarantee any return of principal at maturity & do not pay any interest during their term