Dow Jones U.S. Airlines Index (DJUSAR)

[TREND1]

The investment seeks to replicate, net of expenses, the returns of twice (2x) the daily performance of the S&P 500 VIX Short-Term Futures index.

The index was designed to provide investors with exposure to one or more maturities of futures contracts on the VIX, which reflects implied volatility of the S&P 500 index at various points along the volatility forward curve.

The ETNs are linked to a multiple (2x) of the daily return of the index and do not represent an investment in the VIX.