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VelocityShares Daily 2x VIX Short Term ETN (TVIX)

ETF · Currency in USD
Issuer
Credit Suisse
Inception Date
Nov 29, 2010
Region
North America (U.S.)
Category
Leveraged Volatility
Leveraged
2x
Expense Ratio
1.65%
Index Tracked
S&P 500 VIX Short-Term Futures Index Excess Return (200%)
ETF Home Page
www.velocityshares.com
Asset Class
Volatility

TVIXPrice Chart


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TVIXPerformance

The chart shows the growth of $10,000 invested in VelocityShares Daily 2x VIX Short Term ETN on Nov 30, 2010 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $0 for a total return of roughly -100.00%. All prices are adjusted for splits and dividends.


TVIX (VelocityShares Daily 2x VIX Short Term ETN)
Benchmark (S&P 500)

TVIXReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-10.98%3.44%
6M-60.11%12.26%
YTD-85.48%25.17%
1Y-88.38%31.41%
5Y-80.11%16.37%
10Y-86.37%15.06%

TVIXMonthly Returns Heatmap


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TVIXSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current VelocityShares Daily 2x VIX Short Term ETN Sharpe ratio is -0.75. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


TVIX (VelocityShares Daily 2x VIX Short Term ETN)
Benchmark (S&P 500)

TVIXDividends


VelocityShares Daily 2x VIX Short Term ETN doesn't pay dividends

TVIXDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


TVIX (VelocityShares Daily 2x VIX Short Term ETN)
Benchmark (S&P 500)

TVIXWorst Drawdowns

The table below shows the maximum drawdowns of the VelocityShares Daily 2x VIX Short Term ETN. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the VelocityShares Daily 2x VIX Short Term ETN is 100.00%, recorded on Nov 2, 2021. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-100%Dec 1, 20102750Nov 2, 2021

TVIXVolatility Chart

Current VelocityShares Daily 2x VIX Short Term ETN volatility is 141.44%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


TVIX (VelocityShares Daily 2x VIX Short Term ETN)
Benchmark (S&P 500)

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