Use fundamental data analysis to confirm all available indicators of United States 3x to find out if markets are presently mispricing the entity. We found five available drivers for United States 3x Oil Fund which can be compared to its competition. Please validate United States Total Asset to decide if United States is priced fairly. Use United States to enhance returns of your portfolios. The etf experiences large bullish trend. Check odds of United States to be traded at $41.22 in 30 days
United States Company SummaryUnited States competes with ProShares Ultra, VelocityShares 3x, DB Gold, VelocityShares 3x, and ProShares Ultra. The investment seeks the daily changes in percentage terms of its shares per share NAV to reflect three times the daily change in percentage terms of the price of a specified short-term futures contract on light, sweet crude oil less the funds expenses. USCF will endeavor to have the notional value of the funds aggregate exposure to the Benchmark Oil Futures Contract at the close of each trading day approximately equal to 300 percent of the funds NAV. The Benchmark Oil Futures Contract is the futures contract on light, sweet crude oil as traded on the NYMEX, traded under the trading symbol CL .
United States Net Asset vs Bond Positions Weight
United States 3x Oil Fund is rated below average in net asset as compared to similar ETFs. It is rated first in bond positions weight as compared to similar ETFs . The ratio of Net Asset to Bond Positions Weight for United States 3x Oil Fund is about 1,246,006