UWT

VelocityShares 3x Long Crude Oil ETN
CLOSING PRICECHANGE (%)VOLUME
$15.77+0.02 (0.13%)3.69M
4:00:00 p.m. (ET) 09/21/2017
BZX EXCHANGE CLOSED
LAST TRADECHANGE (%)
$15.77-- (--)
4:55:15 p.m. (ET) 09/22/2017
BID SIZEBID ($)ASK ($)ASK SIZE
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UWT Fund Description

The VelocityShares 3x Long Crude Oil ETN provides daily 3x leveraged exposure to an index of front-month WTI crude oil futures contracts.

UWT FactSet Analytics Insight

As a levered product, UWT is not a buy-and-hold ETF; it’s a short-term tactical instrument. Like many levered funds, it delivers its 3x exposure for only 1 day. Over longer periods, returns can vary significantly from 3x the return of its underlying index. As an ETN, UWT is subject to counterparty risk; original investor capital plus any return is subject to Citigroup’s ability to pay that obligation. UWT’s expense ratio is high but, as a short-term product, annual fees are relatively less important than trading costs. Leveraged ETPs can experience rapid swings in investor interest, so check the latest trading spreads and volume. Investors and traders can also consider competing fund UCO—which offers 2x rather than 3x exposure.

Note: UWT replaced UWTI, a nearly identical product under the VelocityShares brand that was delisted the same day UWT launched. Notable differences are a higher fee and a new credit counterparty (Citigroup instead of Credit Suisse).

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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TOP OF BOOK
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LAST 10 TRADES
TIMEPRICESHARES
16:55:1515.773,200
16:49:3515.76100
16:22:2815.75800
16:22:2815.753,200
15:59:4815.76424
15:59:1815.76100
15:58:5515.76100
15:58:1015.76200
15:58:1015.76100
15:58:0015.76100
Bats BZX Real-time Quote - 17:06:33
Daily Spread
Premium/Discount
Volume

UWT FactSet Analytics Block Liquidity

As of 09/21/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of UWT. UWT is rated a N/A out of 5.

UWT Summary Data

12/08/16
Exchange-Traded Note
1.50%
$354.05 M

UWT Portfolio Data

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N/A

UWT Index Data

N/A
Single Asset
Single Asset
N/A

UWT Fund Structure

No
N/A
0%% / 100%
Citigroup Global Markets Holdings Inc
Low
Low
3.0x
Daily

UWT Tax Exposures

20.00% / 39.60%
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No

UWT Tradability

6,908,060
$98.47 M
6,489,397
$93.78 M
0.07%
-0.03%
2.53% / -2.34%
None
25,000
259.58
0.08%
--
$15.75
N/A