Thu, Apr 24, 2014, 5:06 AM EDT - U.S. Markets open in 4 hrs 24 mins


% | $
Quotes you view appear here for quick access.

iPath S&P 500 VIX ST Futures ETN Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • xtgeminiman Aug 12, 2011 8:08 AM Flag

    XIV underperformance explained

    This is the most thorough explanation of XIV's underperformance that I've seen so far. I was researching this ETN a lot last night and you pretty much nailed both points. Backwardation is hurting us a lot but the huge volatile swings are murdering XIV as you explained in your illustration.

    Unfortunately, the volatile swings are making this ETN act like a leveraged fund and without a few up days, we can't get back to even. Luckily, I did well enough during the first two weeks of this downturn that it will cover all of my loss. I hate taking losses though but until the trend you explained reverses, XIV is way to dangerous.

    Everyone that owns XIV should read your post and if anyone DOES buy it, trade it intraday/next day. This is NOT a good buy and hold investment right now.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
41.00+0.11(+0.27%)Apr 23 4:00 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.