Ubs Etracs Etf Profile

WTID Etf  USD 14.94  0.01  0.07%   

Performance

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Odds Of Distress

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UBS ETRACS is trading at 14.94 as of the 21st of May 2024, a 0.07 percent increase since the beginning of the trading day. The etf's lowest day price was 14.94. UBS ETRACS has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for UBS ETRACS are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of April 2024 and ending today, the 21st of May 2024. Click here to learn more.
The investment seeks to provide a three times leveraged inverse exposure to changes in the level of the Bloomberg WTI Crude Oil Subindex ERSM. UBS ETRACS is traded on PCX Exchange in the United States. More on UBS ETRACS

Moving together with UBS Etf

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Moving against UBS Etf

  0.87DSJA DSJAPairCorr
  0.7TSJA TSJAPairCorr

UBS Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. UBS ETRACS's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding UBS ETRACS or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
(View all Themes)
Business ConcentrationSector ETFs, Energy ETFs, Trading--Inverse Commodities, UBS Group AG (View all Sectors)
IssuerBank of Montreal
Inception Date2023-02-14
BenchmarkSolactive MicroSectors Energy Index
Entity TypeExchange-Traded Note
Average Trading Valume1,766.8
Asset TypeEquity
CategorySector
FocusEnergy
Market ConcentrationDeveloped Markets
RegionNorth America
AdvisorBank of Montreal
ExchangeNYSE Arca, Inc.
Market MakerOld Mission
Total Expense0.95
Management Fee0.95
Country NameUSA
Returns Y T D348.68
NameUBS ETRACS - ProShares Daily 3x Inverse Crude ETN
Currency CodeUSD
Open FigiBBG01DZB2L99
In Threey Volatility98.71
1y Volatility112
200 Day M A20.113
50 Day M A14.6182
CodeWTID
Updated At20th of May 2024
Currency NameUS Dollar
In Threey Sharp Ratio0.05
TypeETF
UBS ETRACS [WTID] is traded in USA and was established 2017-01-04. The fund is listed under Trading--Inverse Commodities category and is part of UBS Group AG family. The entity is thematically classified as Sector ETFs. UBS ETRACS at this time have 7.98 M in net assets. , while the total return for the last 3 years was -25.0%.
Check UBS ETRACS Probability Of Bankruptcy

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on UBS Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding UBS Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as UBS ETRACS Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

UBS ETRACS Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. UBS ETRACS market risk premium is the additional return an investor will receive from holding UBS ETRACS long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in UBS ETRACS. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although UBS ETRACS's alpha and beta are two of the key measurements used to evaluate UBS ETRACS's performance over the market, the standard measures of volatility play an important role as well.

UBS ETRACS Against Markets

Picking the right benchmark for UBS ETRACS etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in UBS ETRACS etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for UBS ETRACS is critical whether you are bullish or bearish towards UBS ETRACS at a given time. Please also check how UBS ETRACS's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in UBS ETRACS without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy UBS Etf?

Before investing in UBS ETRACS, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in UBS ETRACS. To buy UBS ETRACS etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of UBS ETRACS. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase UBS ETRACS etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located UBS ETRACS etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased UBS ETRACS etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as UBS ETRACS , carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy UBS Etf please use our How to Invest in UBS ETRACS guide.

Already Invested in UBS ETRACS ?

The danger of trading UBS ETRACS is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of UBS ETRACS is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than UBS ETRACS. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile UBS ETRACS is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether UBS ETRACS is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if UBS Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ubs Etracs Etf. Highlighted below are key reports to facilitate an investment decision about Ubs Etracs Etf:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in UBS ETRACS . Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
The market value of UBS ETRACS is measured differently than its book value, which is the value of UBS that is recorded on the company's balance sheet. Investors also form their own opinion of UBS ETRACS's value that differs from its market value or its book value, called intrinsic value, which is UBS ETRACS's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because UBS ETRACS's market value can be influenced by many factors that don't directly affect UBS ETRACS's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between UBS ETRACS's value and its price as these two are different measures arrived at by different means. Investors typically determine if UBS ETRACS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UBS ETRACS's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.