WOWWOWWOW---- VXUP DOWN 91%-----VXDN down 73%

[S2007S]

OKAY I dug up some info the last 5 mins and found this


STAMFORD, CT--(Marketwired - August 21, 2015) - AccuShares Investment Management, LLC ("AccuShares"), as sponsor of the AccuShares Commodities Trust I (the "Trust"), today announced the Special Distribution payment for the Spot CBOE VIX Up Shares (VXUP) and Spot CBOE VIX Down Shares (VXDN), and, if applicable, the Net Income Distribution payment for the Spot CBOE VIX Up Shares and Down Shares, as such distributions are described in the current prospectus of the AccuShares Spot CBOE VIX Fund (the "Fund").

The relevant distribution information is provided in the tables below:

Distribution Dates:



NASDAQ Ticker
Name
Ex-Date
Record Date
Distribution Payment Date
VXUP AccuShares Spot CBOE VIX Up Shares August 24, 2015 August 26, 2015 August 28, 2015
VXDN AccuShares Spot CBOE VIX Down Shares August 24, 2015 August 26, 2015 August 28, 2015


Distribution Amount Information:




NASDAQ Ticker
Name Closing Index Value as of
August 21, 2015 Post- Distribution Share Index Factor* Post -Distribution Class Value per Share* Net Income Distribution Amount Special Distribution Amount
VXUP AccuShares Spot CBOE VIX Up Shares 28.03 0.06171959 1.73 $0 $28.172142
VXDN AccuShares Spot CBOE VIX Down Shares 28.03 -0.06171959 1.73 $0 $0



I noticed that VXDN didn't get much of a Distribution amount but still fell


These were the closing prices on VXDN and VXUP AUGUST 24th 2015

AccuShares Spot CBOE VIX Down Shares (VXDN)
-NasdaqGM  Watchlist
2.05

5.85(74.05%) 3:59PM EDT
After Hours : 2.07

0.02 (0.98%) 5:52PM EDT - Nasdaq Real Time Price


AccuShares Spot CBOE VIX Up Shares (VXUP)
-NasdaqGM  Watchlist
2.02

21.49(91.41%) 3:59PM EDT
After Hours : 2.02 0.00 (0.00%) 5:56PM EDT - Nasdaq Real Time Price


So this is todays ^VIX


VOLATILITY S&P 500 (^VIX)
-Chicago Options
40.74

12.71(45.34%) 4:14PM EDT

Add to Portfolio
Prev Close: 28.03
Open: 28.03
Day's Range: 28.03 - 53.29
52wk Range: 10.88 - 53.29

 

[der_kommissar]

lol, what more can be said about this b.s.

 

[S2007S]

lol, what more can be said about this b.s.

its quite a confusing instrument to invest in but it pays out a distribution once a month depending on how the VIX trades, other than that its still a very confusing way to trade the vix, I tried to read up on it when they first came out and just forgot about it since I couldn't understand how it worked....

 

[der_kommissar]

its quite a confusing instrument to invest in but it pays out a distribution once a month depending on how the VIX trades, other than that its still a very confusing way to trade the vix, I tried to read up on it when they first came out and just forgot about it since I couldn't understand how it worked....

I'm not much of a fan of the VIX products as a whole...I just prefer to use that index to determine what I should/shouldn't do with the main indicies...

 

[Butterball]

Reminds me of that Shiller housing ETF with one class for rising home prices and one class for falling home prices. Nice in theory but it disappeared within a few months.