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The UBS E-TRACS Daily Long-Short VIX ETN (UBS XVIX) offers sophisticated investors the opportunity to capitalize on the steepness of the short end of the VIX futures curve, a strategy that is historically uncorrelated to stock market returns. The VIX futures curve is often far steeper in the near-term than in the far-term. As investors look to diversify their investment portfolios, money has poured into products that offer access to short-term VIX futures contracts, driving up contract prices significantly and further steepening the shorter end of the curve. The Underlying Index measures the return from taking a long 100% position in the S&P 500 VIX Mid-Term Futures Index Excess Return with a short, or inverse, 50% position in the S&P 500 VIX Short-Term Futures Index Excess Return, rebalanced daily.

Investment type: ETN (Exchange-Traded Note); listed on the U.S. NYSE exchange
Ticker symbol: XVIX

Fund manager: UBS E-TRACS Exchange Traded Notes

Fund information from UBS E-TRACS Exchange Traded Notes: UBS E-TRACS Daily Long-Short VIX ETN

Fund launched:


ETF charts and further information:

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View the full NYSE:XVIX chart at Wikinvest

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• Information on this website should not be considered to be investment advice. Any ETF can go DOWN as well as up.
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