VXX – iPath® B S&P 500® VIX S/T Futs™ ETN – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks return linked to the performance of the S&P 500® VIX Short-Term Futures Index TR. 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®.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
VXX	iPath® Series B S&P 500® VIX Short-Term Futures™ ETN	ETF	Open	—	—	Jan 17, 2018	$514.73M	0.890%	—	—	−$179.80M

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