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VELOCITYSHARE DAILY LONG VIX SHORT-TERM: (AMEX : VIIX)

(U.S : AMEX) As of Jul 11, 2014 03:59 PM ET

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$38.19 USD

-0.51 (-1.32%)

Volume: 27,785

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 38.70
Open 38.61
Bid 38.21
Ask 38.37
Day Low-High 38.09-38.81
52wk Low-High 36.42-96.60
Volume 27,785
NAV (month end) 58.64
Premium (+)/Discount (-) (month end)-19.94

Zacks Premium Research for VIIX

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

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 0.89%
Dividend (Yield) $0.00 (0.00%)
Issuer VELOCITYSHARES

Benchmark for VIIX

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 S&P 500 VIX Short-Term Futures Index ER targets a constant weighted average maturity of 1 month.

Fund Summary for VIIX

VELOCITYSHARE DAILY LONG VIX SHORT-TERM

It is senior, unsecured obligations of Credit Suisse AG. Its return is linked to 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. It do not guarantee any return of principal at maturity and do not pay any interest during their term.