Inverse VIX Short-Term Futures ETNs due March 22, 2045
VYLD
New York Stock Exchange Arca- -
USD
- -
- -
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
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- United States of America
- IPO Date
- Mar 20, 2025
- Website
- jpmorganetns.com
- Similar Companies
- Business
- JPMorgan Exchange-Traded Notes (ETNs) issuer, under JPMorgan Chase & Co., provides structured exchange-traded notes linked to volatility indices and futures strategies. The platform offers inverse volatility ETNs, including the Inverse VIX Short-Term Futures ETN due March 22, 2045 (ticker: VYLD), which provides inverse exposure to the S&P 500 VIX Short-Term Futures Index; short volatility ETNs; long volatility ETNs; and other commodity- and equity-linked notes designed for sophisticated investors seeking leveraged or inverse performance tied to market volatility, interest rates, or specific futures contracts. These products are listed on major U.S. exchanges and cater to institutional and retail investors targeting hedging, speculation, or tactical allocation in derivatives markets. Headquartered in New York, New York, the JPMorgan ETNs business operates globally through JPMorgan Chase & Co., founded in 2000 via the merger of J.P. Morgan & Co. and Chase Manhattan Corporation, with principal activities in North America, Europe, and Asia-Pacific regions. The division focuses on the structured products segment within the broader investment banking and asset management industry, serving asset managers, hedge funds, and high-net-worth individuals. In recent developments, JPMorgan Chase & Co. expanded its ETN suite with enhanced volatility-linked offerings amid heightened market interest in VIX strategies during 2024-2025 equity volatility spikes; announced strategic partnerships with index providers like S&P Dow Jones Indices for refined futures tracking methodologies; and completed a series of ETN redemptions and relaunches to optimize fee structures and liquidity, including updates to maturity schedules for long-dated products like VYLD. The firm also integrated AI-driven analytics into product design for better risk-adjusted performance, reflecting a shift toward technology-enhanced structured finance solutions. No major reorganizations or name changes were reported for the ETNs platform in the last two years.