VIIX (VelocityShares VIX Short-Term ETN)

VIIX Exposure and Basic Characteristics

VIIX is a VelocityShares VIX ETN that provides an exposure similar to long position in short-term VIX futures. It is therefore a proxy (though far from perfect) to the VIX (CBOE Volatility Index). VIIX is very similar to several other VIX ETFs and ETNs, such as VXX or VIXY (these two have been considerably more popular and more liquid than VIIX).

Direction: Long, unleveraged

Underlying index: S&P500 VIX Short-Term Futures Index ER

Exposure: Short end of the VIX futures curve (long positions in the first two VIX futures contracts, constantly rolling from the nearest to the second contract month to maintain 1 month maturity)

VIIX options: Available, but quite illiquid

Product type: ETN (exchange traded note)

Issuer: Credit Suisse AG

Provider: VelocityShares

Inception date: 29 November 2010

Official Information and Links

The VelocityShares Daily Long VIX Short-Term ETNs are senior, unsecured obligations of Credit Suisse AG acting through its Nassau branch. The return on the ETNs is linked to the daily performance of the S&P 500 VIX Short-Term Futures Index ER less the investor fee. Source: Factsheet (see links below).

Product page:



Provider website:

VIIX Quotes, Assets, and Trading Volume

Yahoo Finance:

Related pages

contango chartblack scholes value calculatorstraddle optionsgoal seek formula in excel 2010sharpe ratio portfoliooptions greeks explainedoption payoff graphsvix symbolstand deviation calculatorbackwardation vs contangomerits and demerits of mean median modecboe expiration calendarspectral skewnesscalculating median in excelsma and emakurtosis formulaexample of kurtosiscan sharpe ratio be negativecboe vix chartcalculate historical volatilitysharpe ratio explainedbull call spread payoff diagramweighted average method accounting formulastatistics excel formulasfind the mean variance and standard deviationcorrelation etfquote tvixwhat is market capitalization with examplecalculating historical volatilitydirectional hedge fund strategycost of equity formula waccrsi definitionspx cboecall option thetawhat does vix stand forblack scholes d1 d2how to find population mean in excelbuy the vixexponential moving average c#vxv etfsample excel formulasbarclays vxxnegatives and positives calculatorcalculating option deltasearch 13f filingscumulative function in excelkurtosis valuesrealized yield calculatorotm optionsmacd crossoverfifo accounting calculatorcomputational formula for sample variancehow to calculate sampling error in excelput and calls for dummiestrading the macdvariance formula grouped dataleptokurtic kurtosisstandard deviation in investingmean variance and standard deviation formulacalculate annualized volatilityvxv indexrumus black scholesciti reverse split13f formsample skewnessexcel formulas for calculationetf etcdelta gamma theta vega rhohow to trade using macdweighted average calculator exceloption theta calculatorgreeks calculatorrsi share priceshort tvix