VelocityShares Daily 2x VIX ST ETN (TVIX)

[DownWithPumpers]

> "The long term expected value of your ETNs is zero."

The long-term data on profit/loss with TVIX is at ETF.COM and it shows a pretty clear trend.

Here's the amount of TVIX that's been created by year in millions.
2010: 19.28
2011: 20.29
2012: 929.46 Heavy buying in a year that TVIX fell 96.73%
2013: 301.17 TVIX down 91.78% in 2013
2014: 366.69 TVIX down 63.2% in 2014, best year in a while, less buying LOL
2015: 219.96 TVIX down 74.3% so far this year.

Total amount of TVIX ever created: 1856.85

Amount of TVIX existing today: 236.12

Amount lost by investors in TVIX since it was created: 1 billion and 620 million dollars.