VelocityShares Daily Inverse VIX Medium Term ETN (ZIV)

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

Ticker Symbol: ZIV

Daily Target: -1x (inverse daily performance of index).

Short ETN:  This ETN attempts to produce investment results in the opposite direction of the index. If the S&P 500 VIX Short-Term Futures Index goes up, the ETN is designed to go down. If the S&P 500 VIX Short-Term Futures Index goes down, the ETN is designed to go up.

Related Links:

VelocityShares Website