ZIV (VelocityShares Inverse VIX Medium-Term ETN)

ZIV ETN was delisted on 2 July 2020 (alongside TVIX and VIIX). It is still trading OTC under the symbol ZIVZF and due to expire on 4 December 2030.

ZIV Exposure and Basic Characteristics

ZIV is one of the inverse VIX ETNs – exchange traded notes designed to provide negative (short) exposure to VIX futures and therefore roughly a short exposure to the VIX (CBOE Volatility Index). ZIV differs from the other short VIX ETFs and ETNs (like SVXY) in targeted maturity: While the other products target the short end of theĀ VIX futures curve (maturity of one month), ZIV targets the middle (maturity of five months).

Direction: Short

Underlying index: S&P500 VIX Mid-Term Futures Index ER

Exposure: The middle part of VIX futures curve (targeted constant maturity 5 months – short positions in VIX futures contracts from the fourth to the seventh nearest expiration month)

ZIV options: Not available

Product type: ETN (exchange traded note)

Issuer: Credit Suisse AG

Provider: VelocityShares

Inception date: 29 November 2010

Delisted date: 2 July 2020

Expiration date: 4 December 2030

Official Information and Links

The VelocityShares Daily Inverse VIX Medium-Term ETNs (the "ETNs") are senior, unsecured obligations of Credit Suisse AG ("Credit Suisse") acting through its Nassau branch. The return on the ETNs is linked to the inverse of the daily performance of the S&P 500 VIX Mid-Term Futures Index ER less the investor fee.

Product page and prospectus: https://www.velocityshares.com/etns/product/ziv/

ZIVZF Quotes, Assets, and Trading Volume

Yahoo Finance: finance.yahoo.com/quote/ZIVZF

Bloomberg.com: www.bloomberg.com/quote/ZIVZF:US

By remaining on this website or using its content, you confirm that you have read and agree with the Terms of Use Agreement.

We are not liable for any damages resulting from using this website. Any information may be inaccurate or incomplete. See full Limitation of Liability.

Content may include affiliate links, which means we may earn commission if you buy on the linked website. See full Affiliate and Referral Disclosure.

We use cookies and similar technology to improve user experience and analyze traffic. See full Cookie Policy.

See also Privacy Policy on how we collect and handle user data.

© 2024 Macroption