iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX)Trading--Miscellaneous | Exchange Traded Fund | Cboe US
18.36 USD
+0.26
(1.436%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 18.35 -0.01 (-0.010%) ⇩ (Aug. 28, 2026, 7:55 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 5:14 a.m. EDT
This instrument is a classic 'value trap' for the unwary, offering zero income and a catastrophic long-term track record. Over the last seven years, the price has collapsed by nearly 98%, with every single year showing negative returns. This is not a temporary dip; it is a structural decline driven by the mathematical reality that short-term volatility futures decay rapidly due to term structure contango. Buying this is akin to betting against the clock while the clock runs out. While the recent price action shows some stabilization near the lows, the fundamental mechanics of the product ensure it will continue to bleed value over time. The options market confirms this pessimism, with traders piling into protective puts rather than speculative calls. There is no case for a long-term hold here. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.030928 |
| MSTL | 0.147551 |
| AutoARIMA | 0.157588 |
| AutoETS | 0.158683 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 52% |
| H-stat | 0.86 |
| Ljung-Box p | 0.002 |
| Jarque-Bera p | 0.168 |
| Excess Kurtosis | 0.31 |
As of Aug. 22, 2026, 5:14 a.m. EDT: Speculators are aggressively positioning for continued downside, evidenced by massive put volume and open interest relative to calls. The 'otm_oi_pct' for puts is significantly lower than calls, indicating heavy insurance buying against a drop rather than bets on a rally. Significant volume spikes occur at strikes like 18.5, 19.0, and 20.0 for both sides, but the sheer weight of open interest in deep out-of-the-money puts (strikes 30+, 40+) suggests a fear of a severe volatility spike. Implied volatility is elevated across the board, pricing in significant uncertainty, yet the directional bias remains firmly bearish.
| Attribute | Value |
|---|---|
| All Time High | 5,045.76 |
| All Time Low | 18.065 |
| Ask | 18.39 |
| Ask Size | 3,100 |
| Average Daily Volume10 Day | 6,883,350 |
| Average Daily Volume3 Month | 8,708,580 |
| Average Volume | 8,708,580 |
| Average Volume10Days | 6,883,350 |
| Beta3 Year | 40.23 |
| Bid | 18.34 |
| Bid Size | 3,000 |
| Category | Trading--Miscellaneous |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 18.45 |
| Day Low | 18.225 |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,739,439,000 |
| Earnings Call Timestamp Start | 1,739,439,000 |
| Earnings Timestamp End | 1,753,768,800 |
| Earnings Timestamp Start | 1,753,768,800 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 21.2311 |
| Fifty Day Average Change | -2.8710995 |
| Fifty Day Average Change Percent | -0.13523084 |
| Fifty Two Week Change Percent | -51.591335 |
| Fifty Two Week High | 40.825 |
| Fifty Two Week High Change | -22.465 |
| Fifty Two Week High Change Percent | -0.55027556 |
| Fifty Two Week Low | 18.065 |
| Fifty Two Week Low Change | 0.29500008 |
| Fifty Two Week Low Change Percent | 0.016329924 |
| Fifty Two Week Range | 18.065 - 40.825 |
| First Trade Date Milliseconds | 1,516,890,600,000 |
| Five Year Average Return | -0.46516523 |
| Full Exchange Name | Cboe US |
| Fullday Change | 0.26 |
| Fullday Change Percent | 1.43647 |
| Fullday Price | 18.35 |
| Fund Family | iPath |
| Fund Inception Date | 1,516,147,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The ETN offers exposure to futures contracts of specified maturities on the VIX index and not direct exposure to the VIX index or its spot level. The index is designed to provide investors with exposure to one or more maturities of futures contracts on the CBOE Volatility Index®. |
| Long Name | iPath Series B S&P 500 VIX Short-Term Futures ETN |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_548515655 |
| Nav Price | 18.5589 |
| Net Assets | 507,557,184.0 |
| Net Expense Ratio | 0.89 |
| Open | 18.28 |
| Phone | +65 6 308 3000 |
| Post Market Change | -0.010000229 |
| Post Market Change Percent | -0.054467477 |
| Post Market Price | 18.35 |
| Post Market Time | 1,787,961,346 |
| Previous Close | 18.1 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.26 |
| Regular Market Change Percent | 1.43647 |
| Regular Market Day High | 18.45 |
| Regular Market Day Low | 18.225 |
| Regular Market Day Range | 18.225 - 18.45 |
| Regular Market Open | 18.28 |
| Regular Market Previous Close | 18.1 |
| Regular Market Price | 18.36 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 7,960,155 |
| Short Name | iPath Series B S&P 500 VIX Shor |
| Source Interval | 15 |
| Symbol | VXX |
| Three Year Average Return | -0.4281689 |
| Total Assets | 507,557,184 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -24.41604 |
| Trailing Three Month Returns | -24.41604 |
| Triggerable | 1 |
| Two Hundred Day Average | 27.413574 |
| Two Hundred Day Average Change | -9.053574 |
| Two Hundred Day Average Change Percent | -0.3302588 |
| Type Disp | ETF |
| Volume | 7,960,155 |
| Yield | 0.0 |
| Ytd Return | -19.95162 |