iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) Fund Overview
Educational signal · not a buy or sell recommendation · How to read this
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 18, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnsweriPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) trades at $45.50. The iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) provides exposure to the S&P 500 VIX Mid-Term Futures Index Total Return. Sector: Financials.
Price as of · Last analyzed: Mar 18, 2026Analyst Coverage for VXZ: VXZ does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) Financial Services Profile
iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) offers investors a way to access equity market volatility through CBOE Volatility Index futures, tracking the S&P 500 VIX Mid-Term Futures Index Total Return within the asset management sector, with a current market capitalization of $0.04 billion.
What Is the Investment Thesis for VXZ?
The iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) offers a specialized investment vehicle for those seeking to capitalize on anticipated fluctuations in market volatility. With a beta of -0.99, VXZ demonstrates an inverse correlation to the broader market, potentially serving as a hedge during periods of market downturn. However, the absence of dividends and the complexities associated with volatility-based products necessitate a thorough understanding of the underlying index and the ETN structure. The primary value driver is the accuracy of predicting volatility spikes, making it a tactical tool rather than a long-term investment. Key catalysts include macroeconomic uncertainty and geopolitical events that typically trigger market volatility. Investors should closely monitor VIX futures prices and the overall market sentiment to gauge potential entry and exit points. The ETN's value is also influenced by the creditworthiness of the issuing institution, adding another layer of risk to consider.
Based on FMP financials and quantitative analysis
VXZ Key Highlights
Market Cap: $0.04B, indicating a relatively small size and potential for volatility.
- Beta: -0.99, suggesting an inverse correlation with the broader market, which may offer hedging opportunities.
- Dividend Yield: None, meaning investors will not receive income from dividends.
- Exposure to S&P 500 VIX Mid-Term Futures Index Total Return, providing a direct link to market volatility.
- ETN structure introduces credit risk of the issuing institution, which investors may want to evaluate.
Who Are VXZ's Competitors?
VXZ is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| CEFZ RiverNorth Active Income ETF | $7.92 | +0.25% | $39.0M | — |
| EGGY NestYield Dynamic Income ETF | $35.26 | -0.14% | $30.9M | — |
| HARD Simplify Commodities Strategy No K-1 ETF | $34.15 | -0.52% | $88.0M | — |
| KNCT Invesco Next Gen Connectivity ETF | $209.89 | +1.27% | $58.4M | — |
| NVDQ T-REX 2X Inverse NVIDIA Daily Target ETF | $7.76 | -2.76% | $14.7M | — |
| BLK BlackRock, Inc. | $1059.63 | -0.44% | $164B | 51 5-pillar |
| BX Blackstone Inc. | $111.74 | -0.45% | $135B | 68 5-pillar |
| APOS Apollo Global Management, Inc. | $25.59 | -0.23% | $74.8B | 56 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are VXZ's Key Strengths?
Provides direct exposure to market volatility.
- Offers a hedging tool for investors.
- Liquid and easily traded on major exchanges.
What Are VXZ's Weaknesses?
Subject to contango and decay.
- Does not pay dividends.
- Exposes investors to the credit risk of the issuing institution.
What Are the Key Risks for VXZ?
Decreased market volatility reducing demand for VXZ.
- Contango in VIX futures eroding returns.
- Credit risk of the issuing institution impacting the ETN's value.
- Regulatory changes affecting volatility-linked products.
What Are VXZ's Competitive Advantages?
- First-mover advantage in offering exposure to mid-term VIX futures.
- Established track record and brand recognition in the volatility-linked product space.
- Liquidity and trading volume on major exchanges.
What Does VXZ Do?
The iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) is an exchange-traded note designed to provide investors with exposure to the S&P 500 VIX Mid-Term Futures Index Total Return. This index focuses on capturing the fluctuations in equity market volatility through the use of CBOE Volatility Index (VIX) futures contracts. Unlike traditional stocks or bonds, VXZ does not represent ownership in a company or a debt obligation. Instead, it is a debt security issued by a financial institution, promising to deliver the returns of the specified index, less applicable fees. VXZ provides a mechanism for investors to express their views on the future direction of market volatility without directly trading VIX futures. The ETN is designed for sophisticated investors who understand the complexities of volatility-based products and the potential risks involved. As an ETN, VXZ's performance is linked to the underlying index, making it sensitive to changes in VIX futures prices and market sentiment. The ETN structure also exposes investors to the credit risk of the issuing institution. VXZ is traded on major exchanges, providing liquidity for investors looking to enter or exit positions. The ETN is not designed for long-term investment and is more suited for short-term tactical trading strategies focused on volatility.
What Products and Services Does VXZ Offer?
- Provide exposure to the S&P 500 VIX Mid-Term Futures Index Total Return.
- Offer a way to invest in market volatility through CBOE Volatility Index futures.
- Allow investors to hedge against potential market downturns.
- Provide a tactical tool for short-term trading strategies.
- Track the performance of VIX futures contracts with a mid-term horizon.
- Offer a liquid investment vehicle traded on major exchanges.
How Does VXZ Make Money?
- Tracks the S&P 500 VIX Mid-Term Futures Index Total Return.
- Generates revenue through management fees and expenses charged to investors.
- Provides a mechanism for investors to access volatility without directly trading VIX futures.
What Industry Does VXZ Operate In?
The iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) operates within the asset management sector, specifically catering to investors seeking exposure to market volatility. The market for volatility-linked products has grown as investors look for ways to hedge their portfolios against market downturns and profit from periods of uncertainty. The competitive landscape includes other ETNs and ETFs that track volatility indices, such as CEFZ, EGGY, HARD, KNCT and NVDQ, each with its own nuances in terms of index construction, fees, and liquidity. The demand for volatility products is closely tied to overall market sentiment and macroeconomic conditions.
Who Are VXZ's Key Customers?
- Institutional investors seeking to hedge their portfolios.
- Hedge funds specializing in volatility trading.
- Sophisticated individual investors with a high-risk tolerance.
- Financial advisors looking to diversify client portfolios.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
- ● This is an etf, not an operating company
MoonshotScore History
Recorded daily since 2026-08-23 · 41 snapshots
| 2026-08-23 | 50 |
| 2026-08-31 | 50 |
| 2026-09-08 | 50 |
| 2026-09-16 | 50 |
| 2026-09-24 | 50 |
| 2026-10-04 | 50 |
What changed?
The score has stayed at 50.
Over the same 30 days the stock moved -3.0%.
VXZ Financials
Bull Case vs Bear Case
Bull Case
- Provides direct exposure to market volatility.
- Offers a hedging tool for investors.
- Liquid and easily traded on major exchanges.
- Ongoing: Geopolitical instability leading to market uncertainty.
Bear Case
- Subject to contango and decay.
- Does not pay dividends.
- Exposes investors to the credit risk of the issuing institution.
- Potential: Decreased market volatility reducing demand for VXZ.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
VXZ Latest News
No recent news available for VXZ.
VXZ Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for VXZ.
Price Targets
Wall Street price target analysis for VXZ.
VXZ MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for VXZ; grades run from A+ (80-100) to F (below 30).
Common Questions About VXZ (Financials)
What are the main risks for VXZ?
The iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) is subject to several risks inherent in volatility-linked products.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- The information provided is based on available data and may be subject to change.
- Volatility-linked products are complex and involve significant risks.