USLV

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

USLV Fund Description

USLV provides 3x exposure to a production-weighted index of world silver producers listed in OECD (Organization for Economic Co-operation and Development) countries.

USLV Factset Analytics Insight

USLV is a 3x leveraged product intended for single-day bets on the silver market, not for long-term allocation. Its linked index is an "excess return" silver index, meaning USLV's returns reflect both the price changes on its futures contracts as well as any gain or loss from "rolling" those futures contracts. Investors should be aware that daily compounding can, over time, cause USLV's performance to vary significantly from the 3x exposure to its index. USLV's expense ratio is steep, yet holding costs matter less for this tactical product. Trading volume has been very healthy and spreads are tight given its 3x silver exposure. Asset levels are strong too.

USLV Charts And Performance

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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Select ETFs to compare their performance:
PERFORMANCE [as of 09/13/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
USLV 15.13% 71.26% 38.14% 68.91% -22.51% -22.08% --
USLV (NAV) 5.19% 51.10% 24.80% 54.07% -24.24% -23.55% --
S&P GSCI Silver -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

USLV Summary Data

10/14/11
Exchange-Traded Note
1.65%
$324.75M
0.14%

USLV Portfolio Data

0.00%
N/A

USLV Index Data

S&P GSCI Silver
Single Asset
Single Asset
N/A

USLV Fund Structure

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

USLV Tax Exposures

20.00% / 39.60%
--
No
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

USLV Factset Analytics Block Liquidity

As of 09/16/19
5
4
3
2
1

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

USLV Tradability

534,370
$49.51M
470,146
$40.57M
0.14%
$0.12
-0.02%
11.46% / -3.72%
None
0.00%
25,000
18.81
0.00%
--
0
$92.48
5