Fund Description
VelocityShares 3x Inverse Crude Oil ETN is an exchange-traded note issued by Citigroup Global Markets Holdings Inc. and guaranteed by Citigroup Inc. The Note will provide investors with a cash payment at the scheduled maturity or early redemption or acceleration based inversely on the performance of the underlying index, S&P GSCI Crude Oil Index ER. The return on the ETNs of each series will be based on the performance of the S&P GSCI Crude Oil Index ER (the Index ) during the term for such series of ETNs. Each series of ETNs tracks the daily performance of the Index. The Index tracks a hypothetical position in the nearest-to-expiration NYMEX light sweet crude oil futures contract, which is rolled each month into the futures contract expiring in the next month. The value of the Index fluctuates with changes in the price of the relevant NYMEX light sweet crude oil futures contracts. The Index is determined, composed and calculated by S&P Dow Jones Indices LLC (the Index Sponsor ).
Fund Profile
Fund Name VelocityShares 3x Inverse Crude Oil ETN
Fund Exchange Ticker DWT
Fund Sponsor Velocity Shares
Fund ISIN US17325E3099
Net Expense Ratio 1.50 %
Fund Inception Date 8 December 2016
Fund Legal Structure ETN
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Leveraged / Inverse
Asset Class Commodities & Metals
Index Linked Passive
Index Name S&P GSCI Crude Oil Index
Index Provider S&P DJ Indices
Currency Hedged No
Inverse / Leveraged Inverse (-3x)
Developed / Emerging Funds Combining Developed & Emerging Exposure
Commodity Types Energy
Key Statistics
Return As of Date 24 June 2019
Asset Under Management 88.15 Million (USD)
1 Month Total Return -5.37 %
Year To Date Return -58.03 %
1 Year Total Return -25.67 %
3 Year Annualized Total Return
NAV 6.67544
Share Outstanding 13,205,000
Top 10 Holdings (Invalid date)
Constituent Name Constituent Ticker Constituent Type Weighting