UGAZ

VelocityShares 3X Long Natural Gas ETN
*Unless otherwise stated, data provided by FactSet.

UGAZ Fund Description

The VelocityShares 3X Long Natural Gas ETN provides 3x the daily return of a production-weighted index of world natural gas producers listed in OECD (Organization for Economic Co-operation and Development) countries.

UGAZ Factset Analytics Insight

UGAZ is a 3x leveraged ETN providing exposure to the S&P GSCI Natural Gas ER Index, which tracks world natural gas producers in OECD countries via production-weighting. Its reference index is an "excess return" index for natural gas, which reflects both the returns due to price changes on its futures contracts as well as any gain or loss from "rolling" those futures contracts. The ETN wrapper provides tax efficiency with no K-1. Intended for day trading, UGAZ is not a long-term investment. Investors should be aware that daily compounding can cause UGAZ's return to vary significantly from 3x the underlying index over holding periods longer than one day, but within that period it is a good way to increase exposure to the natural gas sector. UGAZ carries a high expense ratio even in context, but makes up for it strong daily volume. Spreads are tight given the volatility of the exposure.

UGAZ CHARTS AND PERFORMANCE

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
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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
UGAZ -22.31% -9.41% -27.92% -62.94% -73.40% -71.39% --
UGAZ (NAV) -22.50% -10.11% -29.13% -63.77% -73.45% -- --
S&P GSCI Natural Gas -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

UGAZ Summary Data

02/07/12
Exchange-Traded Note
1.65%
$466.88M
0.10%

UGAZ Portfolio Data

0.00%
N/A

UGAZ Index Data

S&P GSCI Natural Gas
Single Asset
Single Asset
N/A

UGAZ Fund Structure

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

UGAZ 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

UGAZ 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 UGAZ. UGAZ is rated a 5 out of 5.

UGAZ Tradability

1,480,359
$92.20M
1,430,199
$89.85M
0.10%
$0.07
0.16%
3.23% / -3.24%
None
0.00%
25,000
57.21
0.05%
--
--
$51.76
5