(VXZ) iPath Series SP500 VIX - Ratings and Ratios
Futures, Volatility, Index
Description: VXZ iPath Series SP500 VIX October 19, 2025
The iPath® Series B S&P 500® VIX Mid-Term Futures ETN (BATS: VXZ) provides investors with exposure to a basket of CBOE VIX futures contracts of specified maturities, rather than to the VIX spot index itself. By tracking the performance of these futures, the ETN reflects the term-structure dynamics of market volatility rather than the instantaneous VIX level.
Key market-driven factors that typically affect VXZ include: (1) the shape of the VIX futures curve-contango environments generate negative roll yield, while backwardation can boost returns; (2) macro-economic stress events (e.g., Fed policy shifts, earnings season volatility spikes) that cause spikes in near-term VIX contracts and cascade through longer maturities; and (3) trading volume and open interest in the underlying VIX futures, which as of Q3 2025 average around 1.2 million contracts daily, influencing liquidity and bid-ask spreads for the ETN. The product carries a fee of 0.85% p.a. and is classified under “Trading-Miscellaneous” ETFs in the United States.
For a deeper, data-rich analysis of how VXZ behaves across different volatility regimes, consider exploring ValueRay’s interactive volatility-term-structure dashboards.
VXZ ETF Overview
| Market Cap in USD | 37m |
| Category | Trading--Miscellaneous |
| TER | 0.89% |
| IPO / Inception | 2018-01-17 |
VXZ ETF Ratings
| Growth Rating | -27.9% |
| Fundamental | - |
| Dividend Rating | - |
| Return 12m vs S&P 500 | -13.4% |
| Analyst Rating | - |
VXZ Dividends
Currently no dividends paidVXZ Growth Ratios
| Growth Correlation 3m | -55.5% |
| Growth Correlation 12m | 60.2% |
| Growth Correlation 5y | -86.2% |
| CAGR 5y | -20.18% |
| CAGR/Max DD 3y (Calmar Ratio) | -0.35 |
| CAGR/Mean DD 3y (Pain Ratio) | -0.47 |
| Sharpe Ratio 12m | 0.94 |
| Alpha | -525.00 |
| Beta | 36.730 |
| Volatility | 22.93% |
| Current Volume | 9.6k |
| Average Volume 20d | 11.2k |
| Stop Loss | 55.2 (-3.1%) |
| Signal | 0.51 |
What is the price of VXZ shares?
Over the past week, the price has changed by +2.26%, over one month by +2.74%, over three months by -2.62% and over the past year by +5.19%.
Is iPath Series SP500 VIX a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of VXZ is around 41.19 USD . This means that VXZ is currently overvalued and has a potential downside of -27.7%.
Is VXZ a buy, sell or hold?
What are the forecasts/targets for the VXZ price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 49.4 | -13.2% |
VXZ Fundamental Data Overview October 20, 2025
Beta = 36.73
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 36.5m USD (36.5m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 36.5m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 36.5m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 141.4% (E(36.5m)/V(36.5m) * Re(141.4%) + (debt-free company))
Discount Rate = 141.4% (= CAPM, Blume Beta Adj.) -> capped to 17.95%
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for VXZ ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle