Key information

🔎 Fund Overview

The VelocityShares Daily VIX Short Term ETN provides 2x leveraged exposure to an index comprising first- and second-month VIX future positions resulting in a weighted average maturity of 1 month. An investment in the ETNs involves significant risks. The ETNs are complex securities and are not suitable for all investors. They are intended only for sophisticated investors who understand the potential consequences of seeking inverse or leveraged investment results, as applicable. The ETNs are intended to be short-term trading tools to manage short-term trading risks. They are designed to approximate their stated investment objectives on a daily or short-term basis, and their performance over longer periods of time can differ significantly from their stated objectives. Investors should actively and frequently monitor their investments in the ETNs, even intra-day. The ETNs are fully exposed to an increase or decline in the level of the applicable Index and investors may lose all or a significant portion of their investment in the ETNs.