| Fund Description |
| The MSCI USA Minimum Volatility (USD) Index aims to reflect the performance characteristics of a minimum variance strategy applied to the large and mid cap USA equity universe. The index is calculated by optimizing the MSCI USA Index, its parent index, in USD for the lowest absolute risk (within a given set of constraints). Historically, the index has shown lower beta and volatility characteristics relative to the MSCI USA Index. |
| Fund Profile |
| Fund Name |
ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN |
| Fund Exchange Ticker |
USML |
| Fund Sponsor |
UBS |
| Fund ISIN |
US90278V7010 |
| Net Expense Ratio |
0.95 % |
| Fund Inception Date |
5 February 2021 |
| Fund Legal Structure |
ETN |
| Exchange |
NYSE Arca |
| Listing Country Code |
US |
| Fund Investment Objective |
| ETF Type Specific |
Leveraged / Inverse |
| Asset Class |
Equities (Stocks) |
| Index Linked |
Passive |
| Index Name |
MSCI USA Minimum Volatility GR |
| Index Provider |
MSCI |
| Currency Hedged |
No |
| Inverse / Leveraged |
Leveraged (2x) |
| Developed / Emerging |
Developed Market Funds |
| Market Capitalization Range |
Broad Market / Multi-Cap |
| Growth Value |
Core / Blend |
| Continent |
North America |
| Key Statistics |
| Return As of Date |
9 August 2022 |
| Asset Under Management |
29.79 Million (USD) |
| 1 Month Total Return |
7.61 % |
| Year To Date Return |
-17.39 % |
| 1 Year Total Return |
-8.17 % |
| 3 Year Annualized Total Return |
|
| NAV |
29.79 |
| Share Outstanding |
1,000,000 |