UBRT

AxelaTrader 3x Long Brent Crude Oil ETN
*Unless otherwise stated, data provided by FactSet.

UBRT Fund Description

UBRT provides daily 3x leveraged exposure to an index of front-month Brent crude oil futures contracts.

UBRT Factset Analytics Insight

Like most geared products, UBRT is intended as a trading tool and not a buy and hold investment. The fund provides 3x leveraged exposure to its index for a one-day period. Due to the daily reset nature of the fund, investors who hold UBRT for longer periods are exposed to the effects of compounding and could see returns that vary significantly from the 3x exposure to the index. The underlying index tracks a hypothetical position in the nearest-to-expiration Brent crude oil futures contract, rolling that position on a monthly basis to the next available front-month contract. Unique in the space, UBRT tracks only Brent crude oil, eliminating any exposure to Brent’s US counterpart, WTI crude oil. As an ETN, UBRT is backed by the credit of Credit Suisse AG, rather than futures and cash as in a commodity pool structure. Also, investors will receive a 1099 at tax time, instead of a K-1. UBRT is expensive to hold, but trading costs matter more for this tactical tool.

UBRT CHARTS AND PERFORMANCE

  • 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
UBRT -13.87% -4.48% 22.96% -- -- -- --
UBRT (NAV) -10.49% -2.98% 28.66% -- -- -- --
S&P GSCI Brent Crude Oil -- -- -- -- -- -- --
MSCI Emerging Markets Europe Investable Markets -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

UBRT Summary Data

09/14/17
Exchange-Traded Note
1.35%
$24.57M
0.36%

UBRT Portfolio Data

--
N/A

UBRT Index Data

Single Asset
Single Asset
MSCI Emerging Markets Europe Investable Markets

UBRT Fund Structure

No
N/A
N/A / N/A
Credit Suisse AG
Low
High
3
Daily

UBRT Tax Exposures

20.00% / 39.60%
--
No
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

UBRT 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 UBRT. UBRT is rated a N/A out of 5.

UBRT Tradability

253
$103.58K
118
$55.41K
0.36%
$0.92
-0.57%
13.85% / -21.96%
None
--
25,000
0.00
0.12%
--
--
$229.95
N/A