ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN

  • Current Indicative Value
  • 09/22/2021 | 08:00 pm
  • USD 31.30
  • Current Spot Price USD 31.29
  • 09/22/2021 | 04:10 pm


CUSIP 90278V701
Primary exchange NYSE Arca
Initial Trade Date 2/05/2021
Maturity Date 2/09/2051
Leverage 2.00x
Annual Tracking Fee Rate 0.95%, accrued on a daily basis
Annual Financing Fee Rate 3mLIBOR + 0.95%
Underlying Index MSCI USA Minimum Volatility GR USD Index

See 'Key Risks' above as well as the 'Important legal information specific to ETRACS ETNs' link below for more information.

About the ETN

The ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN is designed to provide 2 times leveraged long exposure to the compounded quarterly performance of the MSCI USA Minimum Volatility GR USD Index, less financing costs and tracking fees. The underlying total return index is designed to optimize the MSCI USA Index for the lowest absolute volatility with a certain set of constraints. The parent benchmark MSCI USA Index is designed to measure the performance of the large and mid-cap segments of the U.S. equity market.

Exchange-traded Notes are senior, unsecured, unsubordinated debt securities that provide investors with exposure to the total returns of various market indices, including those linked to stocks, bonds, commodities and/or currencies, less investor fees. ETRACS offers innovative investment products with easy access to markets and strategies that may not be readily available in the existing marketplace.