UBG

ETRACS UBS Bloomberg CMCI Gold Total Return ETN
C

60
*Unless otherwise stated, data provided by FactSet.

UBG Fund Description

The ETRACS CMCI Gold Total Return ETN tracks an index of gold futures contracts. It uses a set of 5 futures contracts of different maturities to maintain its exposure.

UBG Factset Analytics Insight

UBG is one of just two funds in the segment that does not hold or track spot gold, and one of only three ETNs. UBG trades the grantor trust's collectibles tax for the counterparty risk of an ETN and ordinary capital gains tax rates. The fund holds five different futures contracts in place of gold bullion in an attempt to provide exposure to gradual price changes in the metal without influence from contango. UBG has underperformed spot gold in the long term, and historically has performed similarly to the price movement in the spot gold market. Its 30 bp expense ratio is lower than all but one fund in the segment, but a lack of liquidity in its shares means trading isn't cheap. All things considered, investors must really believe in the strategy before jumping in.

UBG CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 07/18/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
UBG -4.73% -7.40% -4.54% 0.68% 2.58% -1.34% 1.47%
UBG (NAV) -4.16% -9.69% -6.80% -1.98% 1.99% -1.64% 1.36%
MSCI KOKUSAI World Ex-Japan Investable Markets -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

UBG Top 10 Holdings

This chart is unavailable

UBG Summary Data

UBS
ETRACS
04/01/08
Exchange-Traded Note
0.30%
$3.41M
$2.23K
1.72%

UBG Portfolio Data

Futures
Laddered
Monthly
--

UBG Index Data

Single Asset
Single Asset
MSCI KOKUSAI World Ex-Japan Investable Markets

UBG Portfolio Management

0.30%
--
--
--

UBG Tax Exposures

20.00% / 39.60%
--
No

UBG Fund Structure

Exchange-Traded Note
No
N/A
UBS AG (Jersey Branch)
Low
High
None
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

UBG Factset Analytics Block Liquidity

As of 07/19/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of UBG. UBG is rated a 0 out of 5.

UBG Tradability

49
$2.23K
0
0
1.72%
$0.57
0.11%
3.94% / -3.33%
Potential
100.00%
50,000
0
0.00%
--
--
$31.00
0

UBG SECTOR BREAKDOWN


UBG
Segment Benchmark
100.00%
100.00%

UBG Tenor Strategy

UBC's laddered strategy is diversified across 5 constant maturities ranging from 3 months to 3 years.

UBG Rolling Strategy

UBG's constant maturity strategy requires continuous rolling of furtures contracts.

UBG Performance Statistics

0.51
0.83
0.93
0.95
0.01%