VelocityShares Daily 2x VIX Short Term ETN (TVIX)

Benchmark Index: S&P 500 VIX Short-Term Futures Index ER

Ticker Symbol: TVIX

Strategy: The index this ETN is based upon is comprised of short-term futures contracts on the CBOE SPX Volatility Index.

Daily Target: 2x

Leveraged ETN: This ETN is a leveraged ETN which means it attempts to produce daily returns above the benchmark index results based on a multiplier. In the case of this ETN, the multiplier is 2x (200%). This means the ETN is seeking a daily target equal to 200% of the benchmark index.

Related Links:

VelocityShares Website

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