VelocityShares Daily Inverse VIX Medium-Term ETN

VelocityShares Daily Inverse VIX Medium-Term ETN

U.S. Volatility

ZIV

VelocityShares Daily Inverse VIX Medium-Term ETN

VelocityShares’ suite of volatility ETPs includes 2x leveraged long and inverse strategies on the S&P 500 VIX Short-Term Futures Index or the S&P 500 VIX Mid-Term Futures Index. The VelocityShares VIX-related ETPs are designed to provide sophisticated institutional investors with exchange traded instruments for implementing views on volatility and hedging risks. Combinations of VIX ETFs, ETNs, futures, variance swaps and/or options may potentially be used to construct tail risk (black swan) strategies.

Sophisticated institutional investors interested in taking views on the level of implied volatility in the S&P 500® Index may use VIX-related exchange traded notes to potentially express those views.

The ETN seeks returns that are -1x the returns of the S&P 500 VIX Mid-Term Futures Index ER for a single day.

PRODUCT DATA

(01/17/20)

Closing Indicative Value $77.58
ETNs Outstanding 933,000
Market Capitalization $72,382,140

MARKET DATA

(01/17/20)

Closing Price $77.64
Net 1 Day Change -$0.01
% 1 Day Change -0.01
High $78.10
Low $77.19
Volume 17,371
20-Day Volume Average 36,590

PROFILE DATA

Primary Exchange NASDAQ
Issuer Credit Suisse AG
Ticker ZIV
CUSIP 22542D829
Intraday Indicative Value Ticker ZIVIV
Inception Date 2010-11-29

Index Weight

(01/17/2020)