FUD

ETRACS UBS Bloomberg CMCI Food Total Return ETN
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*Unless otherwise stated, data provided by FactSet.

FUD Fund Description

FUD tracks an index of 11 agricultural and livestock commodities. It uses a set of 3 futures contracts of different maturities to maintain exposure to each commodity.

FUD Factset Analytics Insight

FUD makes a few big changes to the market portfolio in an attempt to provide both representative and optimal exposure to the broad agricultural commodities market. Firstly, FUD holds a portfolio of "food" commodities, a distinction that means FUD includes things like live cattle and lean hogs. In addition, FUD weights holdings by liquidity and holds as many as three different maturities on each commodity, whereas our benchmark weights its constituents by production and only holds front-month contracts. The combination of overall very different weighting choices makes FUD a poor Fit to our benchmark. Although its 65 bp ratio is reasonable compared with its peers, its poor liquidity and wide spreads make it a costly round-trip option.

FUD 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 08/16/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FUD -7.54% -3.84% -9.62% -7.82% -9.29% -8.72% -2.78%
FUD (NAV) -6.96% -3.36% -7.97% -8.06% -9.11% -8.55% -2.65%
UBS Bloomberg CMCI Food Total Return -- -- -- -- -- -- -2.65%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FUD Summary Data

UBS
ETRACS
04/01/08
Exchange-Traded Note
0.65%
$3.03M
$66.04K
1.03%

FUD Portfolio Data

Futures
Laddered
Monthly
0

FUD Index Data

Multi-Factor
Committee
N/A

FUD Portfolio Management

0.65%
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FUD Tax Exposures

20.00% / 39.60%
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No

FUD Fund Structure

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

FUD Factset Analytics Block Liquidity

As of 08/20/19
5
4
3
2
1

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

FUD Tradability

3,932
$66.04K
1,355
$26.66K
1.03%
$0.17
-0.13%
2.07% / -1.83%
Potential
100.00%
50,000
0.03
0.00%
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$15.16
5

FUD SECTOR BREAKDOWN


FUD
Segment Benchmark
86.17%
71.97%
13.83%
28.03%

FUD Tenor Strategy

FUD diversifies its tenors by holding 3 contracts for each commodity at constant maturities ranging from 3 to 12 month out along the forward curve.

FUD Rolling Strategy

Not Available

FUD Performance Statistics

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0.85
0.75
0.00%