Ashkon Software







 

VXX - iPath Series B S&P 500 VIX Short-Term Futures ETN

Expense Ratio: 0.89%

VXX ETF Stock Chart

VXX Profile

iPath Series B S&P 500 VIX Short-Term Futures ETN logo

The iPath S&P 500 VIX Short-Term Futures ETN is an exchange-traded note that seeks to track the performance of the S&P 500 VIX Short-Term Futures Index, which measures the returns of a portfolio of monthly VIX futures contracts with a maturity of one month. The ETN is issued by Barclays Bank and is designed to provide investors with exposure to changes in the expected volatility of the S&P 500 Index.

As of September 2021, the VXX ETN had a market cap of approximately $912 million. It should be noted that, unlike traditional ETFs, ETNs do not hold a basket of underlying assets but instead represent a promise by the issuer to pay the index return, less any fees, at maturity or upon redemption.

The VXX ETN is designed to provide investors with a way to potentially benefit from increases in market volatility, which can occur during times of uncertainty or market stress. However, investors should be aware that investing in VIX futures carries its own set of risks, including the risk of loss due to the contango effect and the impact of time decay.

The expense ratio for the VXX ETN is 0.89%, which is relatively high compared to the expense ratios of other exchange-traded products. This may make the VXX ETN a less attractive option for investors seeking exposure to changes in the expected volatility of the S&P 500 Index.

Overall, the iPath S&P 500 VIX Short-Term Futures ETN may be a suitable investment for investors seeking exposure to changes in the expected volatility of the S&P 500 Index. However, as with any investment, it is important to conduct your own research and consider your investment goals and risk tolerance before investing


 

Copyright © 2000-2024, Ashkon Software LLC
Privacy Policy | Refund Policy | Disclaimer