ETF Quote Details
|NAV (month end)||42.30|
|Premium (+)/Discount (-) (month end)||+0.05|
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:
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ETF Expense Ratio
|Dividend (Yield)||$0.00 (0.00%)|
This index looks to track equity market volatility through CBOE Volatility Index futures. Specifically, the index offers exposure to a daily rolling long position in the two front VIX futures and reflects the implied volatility of the S&P 500 at various points along the curve. The index futures roll continuously throughout each month from the 1st month contract into the 2nd month VIX contract.
It is designed to provide access to equity market volatility through CBOE Volatility Index futures. Specifically, the S&P 500 VIX Short-Term Futures Index offers exposure to a daily rolling long position in the first and second month VIX futures contracts and reflects the implied volatility of the S&P 500 Index at various points along the volatility forward curve.