The investment seeks to link to the VSTOXX Short-Term Futures Investable Index (the “Long Investable Index”). 1.35% expense ratio, $3M AUM, inception 2017.
The investment seeks to link to the VSTOXX Short-Term Futures Investable Index (the “Long Investable Index”). 1.35% expense ratio, $3M AUM, inception 2017.
ETF Overview
The investment seeks to link to the VSTOXX Short-Term Futures Investable Index (the “Long Investable Index”). The Long Investable Index replicates the performance of a long position in a portfolio of VSTOXX futures designed to provide a long exposure to constant-maturity one-month forward, one-month implied volatilities on the underlying EURO STOXX 50 Index, taking into account the bid-ask spread in the roll procedure, which will reduce the value of the Long Investable Index, and therefore the Long Securities.
The investment seeks to link to the VSTOXX Short-Term Futures Investable Index (the “Long Investable Index”). The Long Investable Index replicates the performance of a long position in a portfolio of VSTOXX futures designed to provide a long exposure to constant-maturity one-month forward, one-month implied volatilities on the underlying EURO STOXX 50 Index, taking into account the bid-ask spread in the roll procedure, which will reduce the value of the Long Investable Index, and therefore the Long Securities. VelocityShares 1x Long VSTOXX Futures ETN provides exposure to the equity market.
Risk Metrics
VelocityShares 1x Long VSTOXX Futures ETN holds only 0 positions, creating elevated concentration risk where poor performance from a few holdings can significantly impact returns. The 1.35% expense ratio is above average and will reduce net returns over time. With $3M in assets, the fund may face liquidity constraints and wider bid-ask spreads.
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Questions & Answers
What is VelocityShares 1x Long VSTOXX Futures ETN (EVIX)?
The investment seeks to link to the VSTOXX Short-Term Futures Investable Index (the “Long Investable Index”). The Long Investable Index replicates the performance of a long position in a portfolio of VSTOXX futures designed to provide a long exposure With $3M in assets under management, it is a funds in its category.
What is the expense ratio for EVIX?
VelocityShares 1x Long VSTOXX Futures ETN has an expense ratio of 1.35%, which is considered higher than average for equity ETFs. This means for every $10,000 invested, annual fees would be approximately $135. Lower expense ratios generally lead to better long-term returns, all else being equal.
How long has EVIX been around?
VelocityShares 1x Long VSTOXX Futures ETN was launched in 2017, making it 9 years old. It has several years of operating history for investors to evaluate. It is managed by VelocityShares.
What is the current NAV of EVIX?
VelocityShares 1x Long VSTOXX Futures ETN has a net asset value (NAV) of approximately $11.24 per share. The NAV represents the per-share value of the fund's underlying assets minus liabilities. Market price may differ slightly from NAV due to supply and demand dynamics during trading hours.
Is EVIX a good investment?
VelocityShares 1x Long VSTOXX Futures ETN is a equity ETF with $3M in assets. Equity ETFs are subject to market risk and can experience significant short-term volatility, though they have historically provided strong long-term returns for patient investors. Whether it is suitable depends on your investment goals, risk tolerance, and time horizon. Consider consulting a financial advisor for personalized guidance.