UBN

ETRACS UBS Bloomberg CMCI Energy Total Return ETN
D

N/A
  • Overview
  • Efficiency
  • Tradability
  • Fit

UBN Fund Description

The ETRACS CMCI Energy Total Return ETN tracks an index of seven energy-related commodities. It uses a set of five futures contracts of different maturities to maintain exposure to each commodity.

UBN Factset Analytics Insight

UBN charges 75 bps for its "constant maturity" strategy that involves holding five futures contracts on each of its six energy commodities in an attempt to offset the effects of contango. The note weights each commodity based on consumption, so it tilts away from our production-weighted benchmark; namely, it underweights crude oil and overweights natural gas. Still, it has tended to perform much like our benchmark. Unfortunately, UBN is hard to get in and out of, since it rarely trades.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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UBN Top 10 Contracts

UBN Summary Data

UBS
ETRACS
04/01/08
Exchange-Traded Note
0.65%
$1.75M
$1.34K
46.58%

UBN Portfolio Data

Futures
Laddered
Monthly
--

UBN Index Data

Multi-Factor
Committee
S&P GSCI Energy

Related ETFs to UBN

DBE, JJE, ONG, RJN
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

UBN Portfolio Management

0.65%
--
--
--

UBN Tax Exposures

20% / 39.6%
--
No

UBN Fund Structure

Exchange-Traded Note
No
N/A
UBS AG (Jersey Branch)
Low
High
None
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
ASKS----
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BIDS----
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LAST 10 TRADES
TIMEPRICESHARES
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Bats BZX Real-time Quote - 23:59:59
Daily Spread
Premium/Discount
Volume

UBN Factset Analytics Block Liquidity

As of 11/22/17
5
4
3
2
1

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

UBN Tradability

170
$1.34K
0
0
46.58%
$2.98
-0.6%
12.15% / -11.26%
Potential
100%
50,000
0
0.00%
--
--
$7.74
0

UBN Sector Breakdown

UBNSegment Benchmark
100.00% 100.00%
0.00% 0.00%
0.00% 0.00%
0.00% 0.00%
0.00% 0.00%

UBN Top 10 Targeted Commodity Weights

25.32%
20.79%
12.99%
12.40%
10.74%
10.70%
7.06%

UBN Tenor Strategy

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

UBN Performance Statistics

0.96
0.83
0.82
0.87
0%

UBN Rolling Strategy

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