VelocityShares Tail Risk Hedged Large Cap Index

The VelocityShares Tail Risk Hedged Large Cap Index is designed to replicate a portfolio consisting of the following:
(1) a large cap equity exposure, and
(2) a VIX®-based volatility exposure designed to hedge equity tail risk.
The index is designed to be investible – an investor holding all of the reference securities at the same weights and adjusted daily should realize returns similar to that of the index. The reference securities are US listed exchange traded products (ETPs). The reference securities underlying the equity component of the indices represent the large capitalization equity market, and the reference securities underlying the volatility strategy are daily-resetting leveraged long and inverse ETPs.
Performance (As of 02/20/2018) Level Returns
One Day MTD YTD Since Inception
(04/30/2012)
VelocityShares Tail Risk Hedged Large Cap Index (TRSKID) 228.32 0.19% -6.89% -2.20% 6.27%
Equity 276.77 -0.61% -3.73% 1.69% 14.44%
Volatility 19.00 6.48% -24.76% -23.56% -33.24%

Index performance does not reflect the expenses of managing a portfolio as an index is unmanaged and not available for direct investment.

Past performance is no guarantee of future results.

Returns greater than one year are annualized.

CONSTITUENTS (As of 02/20/2018) WEIGHT
Equity 87.88%
Volatility 12.12%
CONSTITUENTS (As of 02/20/2018) WEIGHT
Long Volatility 87.76%
Short Volatility 12.24%