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VELOCITYSHARES DAILY INVERSE VIX SHOR: (NASD : XIV)

(U.S : NASD) As of Apr 17, 2014 03:59 PM ET

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$31.61 USD

+0.45 (1.44%)

Volume: 7,944,863

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

Zacks Premium - The only way to get access to the Zacks Rank

ETF Quote Details

Previous Close 31.16
Open 31.10
Bid 0.00
Ask 32.00
Day Low-High 30.91-31.71
52wk Low-High 17.90-36.62
Volume 7,944,863
NAV (month end) 31.53
Premium (+)/Discount (-) (month end)-0.37

Zacks Premium Research for XIV

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

Learn to Profit from the Zacks Rank

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

Zacks Premium - The only way to get access to the Zacks Rank

ETF Expense Ratio

Expense Ratio 1.35%
Dividend (Yield) $0.00 (0.00%)
Issuer VELOCITYSHARES

Benchmark for XIV

SP 500 VIX SHORT-TERM FUTURES INDEX EXCE

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.The ETNs are linked to the daily inverse return of the index.

Fund Summary for XIV

VELOCITYSHARES DAILY INVERSE VIX SHOR

It is senior, unsecured obligations of Credit Suisse. Its return is linked to the inverse of the daily performance of the S&P 500 VIX Short-Term Futures Index less the investor fee. Traders can 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 and do not pay any interest during their term.