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UBS ETRACS Monthly Reset 2xLeveraged ISE Exclusively Homebuilders ETN
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Trading--Leveraged Equity
Category
0.85%
Expense ratio
271,572
Assets
-80.41%
1Y return
HOML chart
1M
3M
1Y
5Y
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HOML returns
| YTD | -85.16% |
| 1Y | -80.41% |
| 3Y | -34.98% |
| 5Y | -19.41% |
| 10Y | 0.00% |
| 1Y volatility | 41.48% |
| 3Y volatility | 46.79% |
| Sharpe ratio | 0.70 |
About
This Exchange Traded Note (ETN), known as the ETRACS Monthly Reset 2xLeveraged ISE Exclusively Homebuilders ETN and scheduled to mature on March 13, 2045, aims to provide investment outcomes that correspond to the overall return of the ISE Exclusively Homebuilders Index. This specific index is dedicated entirely to tracking the performance of companies in the home construction sector. The note is structured to offer a magnified, two-times (2x) leveraged position reflecting the index's movements, with this leverage being reset and compounded on a monthly basis, and subject to a reduction for any accumulated fees.
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