After-Market: $11.65 +0.01 (0.09 %) 6:16 PM ET
ETF Quote Details
|NAV (month end)||13.11|
|Premium (+)/Discount (-) (month end)||-1.13|
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:
See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs
ETF Expense Ratio
|Dividend (Yield)||$0.00 (0.00%)|
This index is linked to the performance of the S&P 500 VIX Mid-Term Futures Index TR. Specifically, the index offers exposure to a daily rolling position in the 4th, 5th, 6th and 7th month VIX contracts and reflects the implied volatility of the S&P 500 in the mid part of the curve. The Index futures roll continuously throughout each month with the fourth being traded out for the new 7th.
It is designed to provide access to equity market volatility through CBOE Volatility Index futures. Specifically, the S&P 500 VIX Mid-Term Futures Index TR offers exposure to a daily rolling long position in the fourth, fifth, sixth and seventh month VIX futures contracts and reflects the implied volatility of the S&P 500 Index at various points along the volatility forward curve.