iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZB) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZB) trades at $17.95 with AI Score 44/100 (Grade C). iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZB) provides exposure to the S&P 500… Market cap: $42.0B, Sector: Unknown.
Price as of Aug 21, 2026 · Last analyzed: Mar 16, 2026Analyst Coverage for VXZB: VXZB does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates VXZB against Unknown peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
VXZB: the 3 scored disciplines are evenly split. Dominant signal: Ray Dalio bullish.
How is this calculated? →Why this analysis is different
- A 9-signal quantitative MoonshotScore built from filings, insider activity, and market data — computed from the numbers, not from opinion.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZB) Business Overview & Investment Profile
iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZB) offers investors exposure to the S&P 500 VIX Mid-Term Futures Index Total Return. This ETN provides a way to gain exposure to market volatility through futures contracts, appealing to those seeking to hedge or profit from anticipated market fluctuations. It operates within the broader exchange-traded products market.
What Is the Investment Thesis for VXZB?
The iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZB) offers a targeted investment vehicle for those seeking exposure to mid-term volatility in the S&P 500. The primary value driver is the anticipated movement in the VIX index, which reflects market expectations of future volatility. A key catalyst is periods of heightened market uncertainty, such as economic downturns or geopolitical events, which typically lead to increased VIX values. However, the ETN is subject to significant risks, including the potential for contango in the VIX futures market, which can erode returns over time. Additionally, the creditworthiness of Barclays Bank PLC is a factor, as the ETN's value is tied to the issuer's ability to meet its obligations. Investors should carefully consider these factors before investing.
Based on FMP financials and quantitative analysis
VXZB Key Highlights
VXZB tracks the S&P 500 VIX Mid-Term Futures Index Total Return, providing exposure to mid-term volatility expectations.
- As an ETN, VXZB's performance is linked to the index, but it is also subject to the credit risk of the issuer, Barclays Bank PLC.
- The ETN does not pay a dividend, as its returns are based on the performance of VIX futures contracts.
- VXZB is designed for sophisticated investors who understand the complexities of volatility markets and the risks associated with futures contracts.
- The market cap of VXZB is $42.04 billion as of 2026-03-16, reflecting the total value of the outstanding ETN shares.
Who Are VXZB's Competitors?
VXZB is benchmarked below against 3 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| UVIX 2x Long VIX Futures ETF | $44.83 | +1.75% | $73.2M | 47 |
| VIXY ProShares - VIX Short-Term Futures ETF | $18.44 | +0.71% | $172M | — |
| VXX iPath Series B S&P 500 VIX Short-Term Futures ETN | $19.19 | +0.73% | $429M | — |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are VXZB's Key Strengths?
Provides targeted exposure to mid-term volatility.
- Offers liquidity through exchange trading.
- Established track record of tracking the S&P 500 VIX Mid-Term Futures Index Total Return.
- Part of the iPath ETN family.
What Are VXZB's Weaknesses?
Subject to contango in the VIX futures market.
- Credit risk associated with the issuer, Barclays Bank PLC.
- Complex product requiring sophisticated investor understanding.
- Potential for erosion of returns over time.
What Could Drive VXZB Stock Higher?
Economic data releases that could impact market sentiment and volatility.
- Geopolitical events that could trigger market uncertainty.
- Changes in investor risk appetite influencing demand for volatility products.
- Shifts in monetary policy affecting market volatility.
What Are the Key Risks for VXZB?
Contango in the VIX futures market eroding returns over time.
- Credit risk associated with the issuer, Barclays Bank PLC.
- Unexpected events causing rapid shifts in market volatility.
- Complex product requiring sophisticated investor understanding.
- Changes in regulatory environment impacting ETNs.
What Are the Growth Opportunities for VXZB?
- Increased Market Volatility: Periods of heightened market volatility, driven by economic uncertainty, geopolitical events, or unexpected news, can lead to increased demand for VXZB. As the VIX index rises during these periods, the ETN's value is likely to increase, attracting investors seeking to profit from or hedge against market turbulence. The market size for volatility products is directly correlated with the level of market uncertainty, with potential for significant growth during periods of crisis. This is an ongoing opportunity.
- Growing Sophistication of Retail Investors: As retail investors become more sophisticated and seek alternative investment strategies, the demand for volatility products like VXZB may increase. These investors may use VXZB to hedge their portfolios or to speculate on short-term market movements. Education and awareness campaigns can further drive adoption among this segment. This is an ongoing opportunity.
- Expansion of Trading Platforms: The increasing availability of VXZB on various trading platforms, including mobile apps and online brokerages, can improve accessibility and liquidity, attracting a wider range of investors. As more platforms offer access to VXZB, the potential investor base expands, driving demand and trading volume. This is an ongoing opportunity.
- Development of New Volatility Strategies: The emergence of new and innovative volatility trading strategies can create additional demand for VXZB. As investors develop more sophisticated approaches to managing risk and generating returns, they may incorporate VXZB into their portfolios. Research and development in this area can lead to new applications and increased adoption. This is an ongoing opportunity.
- Increased Institutional Adoption: Institutional investors, such as hedge funds and asset managers, may increase their allocation to volatility products like VXZB as part of their risk management and portfolio diversification strategies. These investors may use VXZB to hedge against market downturns or to generate alpha through volatility trading. Increased institutional adoption can significantly boost demand and liquidity. This is an ongoing opportunity.
What Are VXZB's Competitive Advantages?
- First-mover advantage in offering a specific mid-term VIX futures ETN.
- Brand recognition associated with the iPath brand.
- Liquidity provided by trading on major exchanges.
- Established track record of tracking the S&P 500 VIX Mid-Term Futures Index Total Return.
What Does VXZB Do?
The iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZB) is an exchange-traded note designed to track the performance of the S&P 500 VIX Mid-Term Futures Index Total Return. Unlike an exchange-traded fund (ETF), an ETN is a debt security issued by a financial institution, in this case, Barclays Bank PLC. The ETN aims to provide investors with exposure to the implied volatility of the S&P 500 index over a mid-term horizon. It does this by tracking a basket of VIX futures contracts with varying expiration dates. The VXZB ETN does not directly hold the underlying assets (VIX futures contracts). Instead, Barclays promises to pay investors a return linked to the performance of the index, less investor fees. The value of the ETN is therefore dependent on the creditworthiness of the issuer, Barclays Bank PLC, introducing credit risk in addition to the risks associated with volatility futures. The ETN is designed for sophisticated investors who understand the complexities of volatility markets and the risks associated with futures contracts and ETNs. It is not intended for long-term buy-and-hold investors. The ETN is traded on major exchanges, providing liquidity for investors looking to enter or exit positions.
What Products and Services Does VXZB Offer?
- Tracks the performance of the S&P 500 VIX Mid-Term Futures Index Total Return.
- Provides exposure to the implied volatility of the S&P 500 index over a mid-term horizon.
- Invests in a basket of VIX futures contracts with varying expiration dates.
- Offers investors a way to participate in the volatility market without directly trading futures contracts.
- Trades on major exchanges, providing liquidity for investors.
- Is issued by Barclays Bank PLC as a debt security.
How Does VXZB Make Money?
- Tracks the S&P 500 VIX Mid-Term Futures Index Total Return.
- Generates revenue through investor fees.
- The value of the ETN is linked to the performance of the index, less investor fees.
- Barclays Bank PLC promises to pay investors a return linked to the performance of the index.
What Industry Does VXZB Operate In?
The iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZB) operates within the broader exchange-traded products (ETP) market, specifically in the volatility segment. This segment includes various ETFs and ETNs that provide exposure to the VIX index, which measures market expectations of near-term volatility. The market for volatility products has grown significantly in recent years, driven by increased investor interest in hedging and speculation. The competitive landscape includes other VIX-related ETPs, each with its own nuances in terms of index tracking, fees, and risk profiles. VXZB differentiates itself by focusing on mid-term VIX futures, catering to investors with a specific view on the volatility curve.
Who Are VXZB's Key Customers?
- Sophisticated investors seeking exposure to mid-term volatility in the S&P 500.
- Investors looking to hedge their portfolios against market downturns.
- Traders seeking to profit from short-term market movements.
- Hedge funds and asset managers using volatility products as part of their risk management strategies.
How iPath Series B S&P 500 VIX Mid-Term Futures ETN Is Valued
iPath Series B S&P 500 VIX Mid-Term Futures ETN carries a market capitalization of $42.0B, placing it in the large-cap category.
Key Financial Metrics
Return on equity for iPath Series B S&P 500 VIX Mid-Term Futures ETN stands at 0.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.0%, showing how much profit it generates from its asset base. VXZB trades at a trailing price-to-earnings ratio of 0.00, below the broad market's ~20-25x average. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 0.0%, the inverse of the P/E and a quick read on earnings relative to price.
VXZB Financials
Bull Case vs Bear Case
Bull Case
- Recent insider activity shows significant buying, indicating confidence in the product's long-term performance.
- Community sentiment has shifted positively, with traders discussing potential volatility in the market and the benefits of VIX exposure.
- Increased interest in hedging strategies suggests that more investors are looking for products that can mitigate risk during uncertain times.
- Recent discussions highlight the potential for VIX products to perform well during market downturns, positioning VXZB as a strategic choice for risk management.
Bear Case
- Despite positive sentiment, some traders express concerns about the long-term sustainability of VIX products, citing the complexity of futures markets.
- There is a prevailing belief that the market may stabilize, reducing the demand for volatility products like VXZB in the near term.
- Community discussions reveal skepticism about the effectiveness of VIX ETNs in providing adequate protection during sudden market shifts.
- Insider selling activity in related sectors has raised flags, leading some investors to question the overall health of the volatility market.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
VXZB Latest News
No recent news available for VXZB.
VXZB Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for VXZB.
Price Targets
Wall Street price target analysis for VXZB.
VXZB MoonshotScore
What does this score mean?
The MoonshotScore rates VXZB 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Classification
Industry UnknownVXZB Unknown Stock FAQ
What does the AI Score mean for VXZB?
VXZB holds an AI Score of 44/100 (Grade: C). This is an educational research signal, not a buy or sell recommendation. iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZB) provides exposure to the S&P 500 VIX Mid-Term Futures Index Total Return. As an exchange-traded note, its performance is linked to the index …
What does iPath Series B S&P 500 VIX Mid-Term Futures ETN do?
The iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZB) is designed to track the performance of the S&P 500 VIX Mid-Term Futures Index Total Return. It provides investors with exposure to the implied volatility of the S&P 500 index over a mid-term horizon, using a basket of VIX futures contracts with varying expiration dates.
What are the main risks for VXZB?
The primary risks associated with VXZB include contango, credit risk, and market volatility. Contango occurs when VIX futures prices are higher than the spot VIX index, which can erode returns as the ETN rolls its futures contracts.
What are the key factors to evaluate for VXZB?
iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZB) holds an AI score of 44/100 (low). Not financial advice.
How frequently does VXZB data refresh on this page?
VXZB's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven VXZB's recent stock price performance?
iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZB) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Provides targeted exposure to mid-term volatility. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider VXZB overvalued or undervalued right now?
iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZB) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research VXZB before investing?
Before investing in iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZB), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Why might investors consider adding VXZB to a portfolio?
Key strength of iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZB): Provides targeted exposure to mid-term volatility. Weigh rewards against risks and diversify. Not financial advice.
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
Data provided for informational purposes only.
- AI analysis pending for VXZB, limiting the depth of available insights.
- The information provided is based on publicly available data and may be subject to change.