iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ)Trading--Miscellaneous | Exchange Traded Fund | Cboe US
47.90 USD
+0.01
(0.021%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 48.00 +0.10 (0.209%) ⇧ (Aug. 28, 2026, 7:44 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 4:58 a.m. EDT
This is a defensive play on market fear, not a growth investment. The instrument tracks the VIX mid-term futures, meaning it thrives when equity markets crash and volatility spikes. Currently, the price is hovering near its 52-week low, reflecting a period of relative calm in the broader markets. However, the options chain tells a different story: there is a distinct 'put wall' built up at strikes above 58, while speculative call buying is surging at extreme strikes (84), hinting at a belief that a sudden market rout is imminent. The statistical forecast is essentially flat, which is typical for these instruments during calm periods, but the options flow suggests the market is pricing in a binary event—a massive spike in volatility. For a short-term trader, this is a setup to profit from a crash, but for a long-term holder, the lack of dividends and the inherent decay of holding volatility instruments during low-volatility regimes make it a poor buy-and-hold candidate. It is a tool for hedging or trading fear, not for wealth accumulation. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.051583 |
| AutoARIMA | 0.052489 |
| AutoETS | 0.052491 |
| AutoTheta | 0.054897 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 50% |
| H-stat | 7.05 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.067 |
| Excess Kurtosis | -0.57 |
As of Aug. 22, 2026, 4:58 a.m. EDT: Speculators are positioning defensively with heavy open interest in out-of-the-money puts (strikes 58, 62, 65) and significant volume in deep OTM puts, indicating a fear of a sharp volatility spike. Conversely, call activity is concentrated in OTM strikes (60, 84) with a notable IV spike at the 84 strike, suggesting asymmetric bets on a 'volatility explosion' scenario where the asset could gap significantly higher. The mix suggests a 'long gamma' environment where traders are betting on extreme moves in either direction, but the put weight implies a baseline expectation of continued turbulence.
| Attribute | Value |
|---|---|
| All Time High | 168.44 |
| All Time Low | 47.5 |
| Ask | 49.28 |
| Ask Size | 600 |
| Average Daily Volume10 Day | 24,740 |
| Average Daily Volume3 Month | 18,117 |
| Average Volume | 18,117 |
| Average Volume10Days | 24,740 |
| Beta3 Year | 27.74 |
| Bid | 48.0 |
| Bid Size | 300 |
| Category | Trading--Miscellaneous |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 48.01 |
| Day Low | 47.77 |
| 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 | 50.60476 |
| Fifty Day Average Change | -2.7047577 |
| Fifty Day Average Change Percent | -0.05344868 |
| Fifty Two Week Change Percent | -17.28843 |
| Fifty Two Week High | 62.08 |
| Fifty Two Week High Change | -14.18 |
| Fifty Two Week High Change Percent | -0.22841495 |
| Fifty Two Week Low | 47.77 |
| Fifty Two Week Low Change | 0.13000107 |
| Fifty Two Week Low Change Percent | 0.0027213956 |
| Fifty Two Week Range | 47.77 - 62.08 |
| First Trade Date Milliseconds | 1,516,890,600,000 |
| Five Year Average Return | -0.1410083 |
| Full Exchange Name | Cboe US |
| Fullday Change | 0.0100021 |
| Fullday Change Percent | 0.0208856 |
| Fullday Price | 48.0 |
| 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 Mid-Term Futures ETN |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_548519012 |
| Nav Price | 48.5289 |
| Net Assets | 40,470,520.0 |
| Net Expense Ratio | 0.89 |
| Open | 47.96 |
| Phone | +65 6 308 3000 |
| Post Market Change | 0.099998474 |
| Post Market Change Percent | 0.20876507 |
| Post Market Price | 48.0 |
| Post Market Time | 1,787,960,648 |
| Previous Close | 47.89 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.0100021 |
| Regular Market Change Percent | 0.0208856 |
| Regular Market Day High | 48.01 |
| Regular Market Day Low | 47.77 |
| Regular Market Day Range | 47.77 - 48.01 |
| Regular Market Open | 47.96 |
| Regular Market Previous Close | 47.89 |
| Regular Market Price | 47.9 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 75,628 |
| Short Name | iPath Series B S&P 500 VIX Mid- |
| Source Interval | 15 |
| Symbol | VXZ |
| Three Year Average Return | -0.1144443 |
| Total Assets | 40,470,520 |
| Tradeable | 0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -7.72441 |
| Trailing Three Month Returns | -7.72441 |
| Triggerable | 1 |
| Two Hundred Day Average | 54.207115 |
| Two Hundred Day Average Change | -6.3071136 |
| Two Hundred Day Average Change Percent | -0.11635213 |
| Type Disp | ETF |
| Volume | 75,628 |
| Yield | 0.0 |
| Ytd Return | -4.77371 |