NYSEARCA:USML

ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN (USML) Price, Holdings, & News

$34.08
+0.31 (+0.92%)
(As of 05/9/2024 ET)
Today's Range
$34.08
$34.08
50-Day Range
$32.09
$35.19
52-Week Range
$25.65
$35.21
Volume
N/A
Average Volume
413 shs
Market Capitalization
$34.08 million
Assets Under Management
$33.75 million
Dividend Yield
0.00%
Net Expense Ratio
0.95%
USML stock logo

About ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN (NYSEARCA:USML)

The ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN (USML) is an exchange-traded fund that is based on the MSCI USA Minimum Volatility index. The fund provides 2x leveraged exposure to an index of US large- and mid-cap securities selected and weighted to create a low-volatility portfolio, subject to various constraints. USML was launched on Feb 5, 2021 and is issued by ETRACS.

USML Stock Price History

USML ETF News Headlines

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Fund Details

Issuer
UBS
Fund Name
ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN
Tax Classification
Exchange-Traded Note
Current Symbol
NYSEARCA:USML
Inception Date
2/5/2021
Fund Manager
N/A
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
MSCI USA Minimum Volatility GR USD
Category
Strategy
Focus
Volatility
Development Level
Developed Markets
Region
North America
Number of Holdings
0

Fund Statistics

Assets Under Management
$33.71 million
Average Daily Volume
$0.00
Discount/Premium
0.00%
Leveraged
2.00

Administrator, Advisor and Custodian

Administrator
N/A
Advisor
UBS AG
Custodian
N/A
Distributor
N/A
Transfer Agent
N/A
Trustee
N/A
Lead Market Maker
IMC

Miscellaneous

Beta
1.12
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ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN Expenses

TypeUSMLVolatility ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.95%0.76%0.54%0.51%0.51%
Other Expenses0.00%0.43%0.54%0.64%0.58%
Total Expense0.95%0.88%0.70%0.74%0.70%
Fee Waiver0.00%-0.23%-0.55%-0.68%-0.57%
Net Expense0.95%0.89%0.60%0.58%0.58%

ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN (USML)


USML ETF - Frequently Asked Questions

How have USML shares performed in 2024?

ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN's stock was trading at $30.94 on January 1st, 2024. Since then, USML stock has increased by 9.1% and is now trading at $33.7680.
View the best growth stocks for 2024 here
.

What does USML invest in?

ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN is a equity fund issued by UBS. USML focuses on volatility investments and follows the MSCI USA Minimum Volatility GR USD. The fund's investments total to approximately $33.75 million assets under management.

What is the management fee for ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN?

ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN's management fee is 0.95% and has no other recorded expenses or fee waivers. The net expense ratio for USML is 0.95%.

How do I buy shares of ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN?

Shares of USML stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:USML) was last updated on 5/9/2024 by MarketBeat.com Staff

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