J P Morgan Chase & Co Inverse VIX Short-Term Futures ETNs due March 22, 2045JJ

J P Morgan Chase & Co Inverse VIX Short-Term Futures ETNs due March 22, 2045

24.74USDR
+0.12+0.49%
As of today at 16:46 GMT
USD
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Key stats


Assets under management (AUM)
‪97.75 M‬USD
Fund flows (1Y)
‪154.52 K‬USD
Dividend yield (indicated)
Discount/Premium to NAV
Shares outstanding
‪4.00 M‬
Expense ratio
0.85%

About J P Morgan Chase & Co Inverse VIX Short-Term Futures ETNs due March 22, 2045


Brand
JPMorgan
Inception date
Mar 19, 2025
Structure
Exchange-Traded Note
Index tracked
S&P 500 VIX Short-Term Futures Points-Change Inverse Daily Index - Benchmark TR Gross
Management style
Passive
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
VYLD marks a first for the issuer, the only other ETN in the firms lineup stems from the acquisition of Bear Sterns. VYLD is a debt obligation backed by the credit rating of JPMorgan Chase, maturing in 2045. The ETN seeks to provide exposure to the daily returns of an index in which its level is designed to increase or decrease by 1% from its previous days closing level if the weighted average price of the front- and the second-month VIX futures contracts decreases or increases, respectively, by one point on that day. VIX futures contracts are tied to the Cboe Volatility Index, a benchmark index designed to measure the volatility in large-cap US stocks and calculated based on certain put and call options on the S&P 500 Index. As a total return index, the return also reflects interest accrued at a rate equal to the SOFR. Since the product focuses on the inverse, near-term volatility, the notes should generate positive returns with the underlying futures contracts decrease in price.

Classification


Asset Class
Alternatives
Category
Tactical tools
Focus
Volatility
Niche
S&P 500 short-term
Strategy
Equal
Geography
U.S.
Weighting scheme
Equal
Selection criteria
Single asset

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

Assets under management (AUM)



Fund Flows



Frequently Asked Questions


VYLD assets under management is ‪97.75 M‬ USD. It's risen 4.66% over the last month.
VYLD fund flows account for ‪154.52 K‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, VYLD doesn't pay dividends to its holders.
VYLD shares are issued by JPMorgan Chase & Co. under the brand JPMorgan. The ETF was launched on Mar 19, 2025, and its management style is Passive.
VYLD expense ratio is 0.85% meaning you'd have to pay 0.85% of your investment to help manage the fund.
VYLD follows the S&P 500 VIX Short-Term Futures Points-Change Inverse Daily Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.