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About iPath Series B S&P 500 VIX Mid-Term Futures ETN
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Inception date
Jan 17, 2018
Structure
Exchange-Traded Note
Distribution tax treatment
No distributions
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Distributor
Barclays Capital, Inc.
ISIN
US06748M1889
VXZ offers generic midterm VIX futures exposure in an ETN wrapper. VIX futures allow investors to invest based on their view of the forward implied market volatility of the S&P 500. VXZ and other midterm ETPs provides exposure to VIX futures with average 5-month maturity. As a VIX ETP investor, it is important to note these two caveats: 1) Volatility ETPs deliver poor long-term exposure to the VIX index, and 2) Volatility ETPs have a history of erasing vast sums of investor capital over holdings periods. Investors should be aware of their expected position decay due to persistent contango in VIX futures, historically. Structured as an ETN, VXZ carries the counterparty risk of issuer Barclays. VXZ launched under the ticker VXZB as Series B replacement for the original VXZ. The old VXZ was delisted January 2019, and in May 2019, VXZB took over the VXZ ticker. The current VXZ provides identical exposure as the old one with some structural changes.
Related funds
Classification
commodities high conviction entry in FebLooking back, commodities had a high conviction in february based on a longterm trend. Combining macd and BB break out.
Markets have either risk-on sentiment or defensive. During risk-on phase people want to put money to work, there is too much money. During risk-off or defensive, people want
DJP - Commodity Index H&SHead and Shoulder formation on the Bloomberg iShares Commodity Index. Attractive trade also in the current inflationary environment for one's currency to maintain purchasing power. Target @ 37.50 corresponds to high in Aug 22.
Inflation poised to get a hair cut The chart of $DJP, the Dow Jones Commodity ETF, if forming a descending triangle, which typically is a bearish manifestation on the charts, particularly when it occurs as a continuation pattern. I will take a short position here if a BO occurs.
Commodity Index Bearish ContinuationA basket of commodities continuing its downtrend. If we break to new lows, expect further decline.
DJP holds TL or GANN support @37; FIBO levels dictate INFLATION!DJP, a commodities play, is an inflation hedge. If DJP breaks 37 voiding the Trendline or GANN FAN line support, then inflation may have peaked out temporarily.
Holding 37, DJP may see higher inflation numbers.\
Note that all impt FIBO levels are respected here in increments of 4.
37 is the 2.618 le
Commodities gap turned support; bounced above TL, VWAPs & 0.236DJP commodities back to short term uptrend with 2 higher highs & now also 2 higher lows. It just recovered the uptrend line after filling the previous up-gap (the green zone). It also bounced above the 2 VWAPs & FIB 0.236 level.
However, it still have to go back inside the ascending triangle where i
Economic Game Mechanics: Part 1DISCLAIMER
This is in no way, shape or form, fluid and function, an analytical, qualitative or intelligent compte rendu. The function of this essay is the maddening diatribe of a curious author, and how this one manages micro- and macro-economic data for a critical investigation into the micro- and
DJP monthly - trending is turning upDoubleLine Gundlach said this year is the year of commodities. I took a look at DJP it indeed looks very attractive. RSI is above 50, MACD is positive and price is above 10 month MA and the MA itself is flat to turning up! I think it is a buy if it can close above $25.50 on a monthly basis.
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
VXZ assets under management is 37.19 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
VXZ expense ratio is 0.89%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, VXZ isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, VXZ doesn't pay dividends to its holders.
VXZ shares are issued by Barclays PLC
VXZ follows the S&P 500 VIX Mid-Term Futures Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 17, 2018.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.