Price Chart
Key Statistics
Previous Close
$47.26Day Range
N/A52-Week Range
Avg Volume
1.0KDividend Yield
—Expense Ratio
0.95%AUM
$4.7MShares Outstanding
203.5KETF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Fund Information
- Issuer
- ETRACS
- Inception Date
- Feb 9, 2021
- Exchange
- NYSE_ARCA
- Description
- USML offers 2x the daily performance of the MSCI USA Minimum Volatility Index, an index that optimizes the MSCI USA Index (parent index) to create a minimum-volatility portfolio within a given set of constraints. This optimization process uses an estimated co-variance matrix based on the Barra multi-factor equity model. Index constituents are constrained such that each individual constituent has a weight greater than 0.5% but is limited to 1.5% weight of the index, and sector weights will not deviate more than +/- 5% from the sector weights of the parent index. As a geared product with quarterly resets, USML is designed as a short-term trading tool and not a long-term investment vehicle. As a result, long-term returns could materially differ from those of the underlying index due to compounding. In addition, keep in mind USML is an exchange-traded note, holders are subject to the credit risk of UBS.
The ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN (USML) is an exchange-traded fund issued by ETRACS that launched on Feb 9, 2021. It currently manages $4.7M in assets under management. The fund charges an expense ratio of 0.95%.
Top 10 holdings represent 0.0% of the fund
Holdings data not yet available for this ETF.
Holdings are updated periodically and may not be available for all funds.
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | — | |
| 1W | +0.00% | |
| 1M | +7.30% | |
| 3M | +9.60% | |
| 6M | +5.79% | |
| YTD | +13.97% | |
| 1Y | +13.53% | |
| 3Y | +63.88% | |
| 5Y | +43.37% |
Moving Averages
$45.59
Above 20-Day MA$44.07
Above 50-Day MA$42.54
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$47.44
Current Price
$47.26
52-Week Low
$38.97
Current Yield
—
Annual Dividend
—
Frequency
—
Last Ex-Date
—
Dividends
No dividend data available for this ETF.
Category Comparison
No category data available for comparison.
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