USV

ETRACS UBS Bloomberg CMCI Silver Total Return ETN
N/A

45
*Unless otherwise stated, data provided by FactSet.

USV Fund Description

USV tracks an index of silver futures contracts. It uses a set of 5 futures contracts of different maturities to maintain its exposure.

USV Factset Analytics Insight

USV is a note backed by UBS's promise to deliver the returns of a futures-based index that tracks a variety of silver futures contracts. The underlying index includes silver contracts of durations that could range from 3 months to 3 years. Investors looking for a spot silver play, however, have better options in the segment. The note's daily returns are almost completely uncorrelated with silver spot price and in fact have been underperforming recently. While the note's expenses are reasonable, it has near-nonexistent volume, prohibitive trading costs, and a high risk of closure.

USV 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 12/13/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
USV 7.28% 3.15% -14.92% -9.11% 0.61% -7.04% 2.07%
USV (NAV) 5.85% 4.23% -15.42% -8.20% 0.63% -7.15% 2.28%
UBS Bloomberg CMCI Silver USD Index -- -- -- -- -- -- 2.28%
Silver Spot Price 4.71% 3.20% -12.96% -6.53% 1.79% -5.57% 3.84%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

USV Top 10 Holdings

This chart is unavailable

USV Summary Data

UBS
ETRACS
04/01/08
Exchange-Traded Note
0.40%
$3.71M
$2.97K
2.45%

USV Portfolio Data

Futures
Laddered
Monthly
--

USV Index Data

UBS Bloomberg CMCI Silver USD Index
Single Asset
Single Asset
Silver Spot Price

USV Portfolio Management

0.40%
--
--
--

USV Tax Exposures

20.00% / 39.60%
--
No

USV Fund Structure

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

USV Factset Analytics Block Liquidity

As of 12/14/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of USV. USV is rated a 0 out of 5.

USV Tradability

126
$2.97K
0
0
2.45%
$0.44
-0.01%
12.87% / -4.80%
Potential
100.00%
50,000
0
0.00%
--
--
$18.54
0

USV SECTOR BREAKDOWN


USV
Segment Benchmark
100.00%
100.00%

USV Tenor Strategy

USV's laddered strategy is diversified across 5 constant maturities ranging from 3 months to 3 years.

USV Rolling Strategy

USV's constant maturity strategy requires continuous rolling of furtures contracts.

USV Performance Statistics

0.09
0.41
0.47
0.54
0.02%