VelocityShares VIX Shrt Volatil Hdg ETN
XIVH
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United States of America
- IPO Date
- Jul 14, 2016
- Similar Companies
- Business
- VelocityShares VIX Short Volatility Hedged ETN (XIVH) is an exchange-traded note (ETN) that provides investors with inverse exposure to short-term volatility futures linked to the S&P 500 VIX Short Volatility Hedged Index Short Term. The ETN seeks to deliver the inverse daily performance of the index, which comprises short positions in short-term futures contracts on the CBOE Volatility Index (VIX), adjusted for a volatility hedge; it matures on July 18, 2046. Issued by UBS AG through its London branch under the VelocityShares brand, the product targets sophisticated investors seeking to hedge against or speculate on declines in market volatility, with trading on the NYSE Arca exchange. XIVH operates primarily in the U.S. financial markets, serving institutional and retail traders focused on derivatives-based volatility strategies. The ETN's core offering centers on its structured payoff mechanism, which replicates a hypothetical portfolio of short positions in the first- and second-month VIX futures contracts, rolled daily to maintain short-term exposure while incorporating a hedge against extreme volatility spikes. Unlike equity ETFs, XIVH holds no underlying assets and functions as an unsecured senior debt obligation of the issuer, with returns calculated based on the daily indicative value tied to the benchmark index excess return, net of fees. It caters to large-cap volatility trading across diversified sectors reflected in the VIX, domiciled in the United States and launched on July 13, 2016. No significant recent partnerships, funding rounds, acquisitions, new product launches, or strategic shifts have been reported for XIVH or its issuer in relation to this specific ETN within the last 1-2 years. The product continues to trade actively amid ongoing market volatility dynamics, with a current indicative value around $15.29 as of late 2025, down substantially from its 52-week high of $82.84. Headquartered through UBS AG's London branch operations, VelocityShares maintains a legacy focus on volatility ETPs, though related products like the original XIV ETN were terminated in 2018 following a volatility acceleration event.