iPath Series B S&P 500 VIX Short-Term Futures ETN

Frequently Asked Questions About VXX

What does VXX invest in?

These iPath Series B S&P 500 VIX Short-Term Futures ETNs are unsecured debt instruments, issued by Barclays Bank PLC. They are specifically structured to offer investors exposure to the overall performance of the S&P 500 VIX Short-Term Futures Index Total Return.

What is the expense ratio of VXX?

iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) charges an expense ratio of 0.89%. This is the annual fee deducted from fund assets to cover management and operations.

How big is VXX?

iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) manages $510.1M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is VXX actively managed or an index fund?

VXX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (VXX's is 0.89%) because there's no security selection cost.

When was VXX launched?

iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) launched in January 2018 and is managed by iPath.

How has VXX performed?

VXX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.