USML Stock Discussion

ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN Description

The investment seeks to provide 2 times leveraged long exposure to the compounded quarterly performance of the MSCI USA Minimum Volatility GR USD.The index is designed to optimize the parent index for the lowest absolute volatility with a certain set of constraints. The parent index is designed to measure the performance of the large and mid-cap segments of the U.S. equity market. The index is designed to provide the lowest return variance for a given covariance matrix of stock returns.

Keywords: Exchange Traded Funds Stock Market Index MSCI EAFE Technical Analysis Volatility