How The Parts Add Up: VIXH Headed For $26
October 10, 2016 at 09:29 AM EDT
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the First Trust CBOE S&P 500 VIX Tail Hedge Fund ETF (VIXH), we found that the implied analyst target price for the ETF based upon its underlying holdings is $26.03 per unit.