Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [etn]

Use tag etn for questions about Exchange Traded Notes. ETNs provide a streamlined way for retail investors to access instruments like commodities and currencies, or complex strategies, e.g. profiting from changes in the shape of the U.S. Treasury yield curve.

ETNs trade on a stock exchange. Unlike an ETF, an ETN is a senior, unsecured debt security issued by a bank. ETN return is linked to a market index or other benchmark.

An ETN promises to pay at maturity, the full value of the index, minus the management fee. Like any other debt security, the investor is subject to the credit risk of the bank issuer. ETNs have no principal protection. Investopedia, What are ETNs?

20 questions
5
votes
2 answers

How should I use the Volatility Index?

I do have a basic understanding of the Volatility Index (Chicago Board Options Exchange Market Volatility Index), but I wasn't sure how this index is best used by an individual, average investor. From what I can gather, you basically buy it when…
Enno Shioji
  • 925
  • 4
  • 11
4
votes
2 answers

Why are there no exchange traded options on 3x leveraged ETNs

Since these would help me manage risk in my personal financial portfolio, why are there no exchange traded options on 3x leveraged ETNs? Is there a prohibition that the SEC is perpetuating? Is there an agreement amongst exchanges not to trade them?…
CQM
  • 20,209
  • 6
  • 54
  • 93
3
votes
4 answers

If you want to trade an equity that reflects changes in VIX, what is a good proxy for it?

If you want to trade an equity that reflects changes in VIX, what is a good proxy for it?
VPR
  • 31
  • 1
3
votes
2 answers

how does one see the CBOE VIX index on Google Finance?

How does one see the CBOE VIX index on Google Finance? What is a symbol I can use?
Ray K
  • 1,355
  • 2
  • 17
  • 27
2
votes
1 answer

Is ETN risk something to worry about?

I have been looking to invest in the stock market and while there are plenty of options to invest as long as the market keeps going up, my options to cover or even make up for my losses in the event of a switch to a bear market are somewhat…
user14199
2
votes
1 answer

How is the price of VXX determined?

I'm trying to understand how VXX works (the prospectus on Barclay's Ipath). It says that it has a rolling position in futures (1 month and 2 month). Does that mean that it buys and sells contracts daily? How would this create a profit/loss? Also, it…
Josh
  • 193
  • 1
  • 1
  • 6
2
votes
2 answers

Will I get the mutual fund/etf monthly distributions from the first month I invest in?

If a mutual fund or the etf gives distributions on a monthly basis, Will I get the distributions from the first month I invest in?
huab
  • 947
  • 6
  • 14
2
votes
0 answers

What are some issues with ETN Commodities Indexes?

I am thinking of buying, two ETNs in Commodities Metals (Copper, Nickel). I am curious of risk factors for these. Besides Barclays Bank going bankrupt during a market crash with unsecured ETN debts, and slight difference between spot price due to…
markallen48217
  • 23
  • 3
2
votes
1 answer

Do all ETFs have an expiry date similar to SPY?

Quote from The Fate of the World's Largest ETF Is Tied to 11 Random Millennials: SPY as we know it will cease to be on Jan. 22, 2118 Also chaikinanalytics says that SPY "has an official expiration date of January 22, 2118". So my question is: Do…
puzzled
  • 1,036
  • 7
  • 17
2
votes
1 answer

What is the UK equivalent of the VIX volatility index?

The VIX is a measurement of volatility in US markets. What about UK markets?
user2654
1
vote
1 answer

XIV Liquidation and VIX clearance

I was watching the TV show Billions today, and a fund manager in the show was referring to how their fund avoided XIV Liquidation by selling VIX position earlier than others. I didn't quite understand this because I thought if XIV is liquidating and…
Chanseok Oh
  • 121
  • 2
1
vote
1 answer

Do ETF/ETNs invest directly in futures or forex, or do they just invest in stocks and bonds?

Do ETF/ETNs invest directly in futures or forex? Or do they just invest in stocks and bonds?
huab
  • 947
  • 6
  • 14
1
vote
1 answer

Why is there a such a big difference between UGL ETF and DGP ETN?

Both are gold 2X products, but the fluctuation of each product seems quite different from each other. For example, UGL is increased by about 0.02% currently, while DGP is increased by about 2%. I couldn't find any clear answer regarding this…
jay
  • 111
  • 1
0
votes
2 answers

How can I buy shares of oil? I'm told it's done through ETFs. How's that related to oil prices per barrel?

I'm new to investing in the stock market. I'm completely confused about how I can invest in oil. There's no ticker on the stock market as such. I've read online that I can invest in ETFs or ETN. Is there no stock I can buy that matches the crude oil…
Horse Voice
  • 109
  • 2
0
votes
3 answers

Are commodities ETFs risky as commodities futures in needing margin calls and limited time to hold or they are like stocks?

Are commodities ETFs risky as commodities futures in terms of needing a large ammount of balance and margin calls and limited time to hold, or they are like stocks?
huab
  • 947
  • 6
  • 14
1
2