VelocityShares 3x Long Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER New (UWT)
ETN overview
This investment product is designed to deliver triple the performance of the S&P GSCI® Crude Oil Index ER, accounting for all associated costs. The underlying index digitally tracks a position in the nearest-term NYMEX light sweet crude oil futures contract, systematically rolling this exposure into the subsequent month's contract on a monthly basis. Consequently, the index's value is directly influenced by price fluctuations in these specific NYMEX crude oil futures.
Fund facts
- Leverage
- 3x daily
- Expense ratio
- 1.50%
- Fund assets
- 480.37M USD (all share classes)
- Issuer
- VelocityShares
- Inception date
- Dec 8, 2016
Historical returns do not guarantee future returns. This is not investment advice.
VelocityShares 3x Long Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER New (UWT)
- Leverage
- 3x daily
- Expense ratio
- 1.50%
- Fund assets
- 480.37M USD (all share classes)
- Issuer
- VelocityShares
- Inception date
- Dec 8, 2016
This investment product is designed to deliver triple the performance of the S&P GSCI® Crude Oil Index ER, accounting for all associated costs. The underlying index digitally tracks a position in the nearest-term NYMEX light sweet crude oil futures contract, systematically rolling this exposure into the subsequent month's contract on a monthly basis. Consequently, the index's value is directly influenced by price fluctuations in these specific NYMEX crude oil futures.
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