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

Description

The investment seeks to track the performance of the MSCI USA Minimum Volatility Index. The USML ETF contains constituents. It is focused on holdings in the region.

Price $24.10 as of 2022-10-20

Cost/Risk/Yield

Dividend yield
Expense ratio0.95%
Average spread0.207%
1Y roundtrip cost1.157%

Historic prices

Total Returns (including dividends)

Monthly returns heatmap

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2022-11.4%-6.6%12.1%-11.3%-0.2%-9.4%10.2%-6.0%-14.8%1.9%-35.5%
202110.9%7.2%1.6%3.4%6.6%3.8%-9.7%10.8%-4.1%13.1%43.8%
-11.4%-6.6%23.0%-4.1%1.4%-6.0%16.8%-2.2%-24.5%12.7%-4.1%13.1%

Historical Dividends

Monthly dividend heatmap

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
0.000.000.000.000.000.000.000.000.000.000.000.00

Sectors and Top Holdings

Security % Assets
Top 0 Weights0.00%

Compare with similar ETFs

USML FDLO FLLV QUS SPMV USMV
Product nameETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETNFidelity Low Volatility Factor ETFFranklin Liberty U.S. Low Volatility ETFSPDR MSCI USA Quality Mix ETFiShares Edge S&P 500 Minimum Volatility UCITS ETFiShares MSCI USA Minimum Volatility ETF
IssuerETRACSFidelityFranklinSPDRInvescoiShares
Price$24.099$44.01$43.549$103.63$34.123$66.82
Expense Ratio0.95%better0.29%better0.29%better0.15%better0.1%better0.15%
Average Spread0.207%0.114%0.138%0.048%0.176%0.015%
AUM$23,925,500$444,633,000$121,427,000$828,240,000$21,788,000$25,120,600,000
Shares992,80110,102,9912,788,2867,992,284638,514375,943,713
Average Daily Volume5356,65311,51046,8301,0504,429,510
Home pageVisit external siteVisit external siteVisit external siteVisit external siteVisit external site
Inception Date2021-02-042016-09-122016-09-202015-04-162017-07-132011-10-18
Index TrackedMSCI USA Minimum Volatility IndexFidelity U.S. Low Volatility Factor IndexNo Underlying IndexMSCI USA Factor Mix A-Series IndexS&P 500 Minimum Volatitlity IndexMSCI USA Minimum Volatility Index
CategoryLeveraged EquitiesVolatility Hedged EquityVolatility Hedged EquityLarge Cap Growth EquitiesLarge Cap Growth EquitiesLarge Cap Growth Equities
Asset ClassEquityEquityEquityEquityEquityEquity
Asset Class SizeLarge CapsLarge CapsLarge CapsLarge CapsLarge Caps
Value or GrowthGrowthBlendBlendBlendBlend
RegionNorth AmericaNorth AmericaNorth AmericaNorth AmericaNorth America
CountriesU.S.U.S.U.S.U.S.U.S.U.S.
Annual Dividend Rate$0$0.506$0.76$1.685$0.471$1.072
Annual Dividend Yield0.000%0.011%0.017%0.016%0.014%0.016%
Number of Holdings1279060897183
YTD Return-33.10%-14.93%-14.31%-20.14%-17.26%-16.45%
Beta1.350.870.870.930.850.79
Upside Beta-0.300.580.650.550.600.06
Downside Beta-0.620.190.21-0.110.47-0.24
Volatility 1Y35.51%18.23%18.12%20.09%18.40%17.34%
Sharpe Ratio 3Y0.000.550.550.420.360.14
Treynor Ratio 3Y0.000.010.010.010.010.00

Historic volatility

Implied volatility

Put/Call Ratio (option volume)

Put/Call Ratio (open interest)

Volatility Spread

Volatility Skew