VelocityShares VIX Short-Term ETN
VIIXF
Other OTC- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United States of America
- IPO Date
- Nov 30, 2010
- Similar Companies
- Business
- VelocityShares VIX Short-Term ETN (VIIXF) is an exchange-traded note (ETN) that provides investors with exposure to the daily performance of the S&P 500 VIX Short-Term Futures Index ER, less the investor fee; the underlying index tracks long positions in the first and second month VIX futures contracts on the CBOE Volatility Index, continuously rolling contracts to maintain an average maturity of one month; it offers unleveraged access to short-term VIX futures as a proxy for expected S&P 500 volatility. Issued by Credit Suisse AG acting through its Nassau Branch and branded under the VelocityShares provider, the ETN matures on December 4, 2030, and was launched on November 29, 2010. VIIXF trades over-the-counter following its delisting from major exchanges on July 2, 2020, alongside related VelocityShares VIX products, as part of Credit Suisse's portfolio optimization amid low liquidity and structural challenges in volatility ETNs. In a significant issuer development, Credit Suisse was acquired by UBS Group AG in 2023, with the transaction completing in June 2023; this led to the delisting of Credit Suisse shares and potential restructuring implications for legacy ETNs like VIIXF, though the product continues trading OTC without announced acceleration or early redemption as of late 2025. The ETN targets institutional and retail investors seeking tactical volatility exposure in U.S. equity markets, with operations centered in the United States and issuance from Switzerland.