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ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN (USML)

Trading--Leveraged Equity | Exchange Traded Fund | NYSEArca
44.43 USD +0.09 (0.200%) ⇧ (July 8, 2026, 3:46 p.m. EDT)

Short-term:★★★★☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 4:10 a.m. EDT

The immediate outlook is driven by aggressive recent price momentum, with the security rallying nearly 10% over the last two weeks to test its 52-week high, suggesting strong near-term capital inflows despite the broader market volatility mentioned in recent headlines. However, the long-term investment case remains neutral because this is a leveraged ETN rather than a traditional equity; it lacks intrinsic business fundamentals, revenue growth, or a balance sheet to support a 'buy-and-hold' thesis, making it unsuitable for the exceptional ratings reserved for dominant companies. Furthermore, there is absolutely no dividend history or payout mechanism available, rendering it irrelevant for income strategies entirely.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.029311
AutoTheta0.030120
AutoARIMA0.030887
AutoETS0.030955

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 54%
H-stat 4.04
Ljung-Box p 0.000
Jarque-Bera p 0.245
Excess Kurtosis -1.21

Info Dump

Attribute Value
All Time High 47.66
All Time Low 23.0
Ask 69.32
Ask Size 4,500
Average Daily Volume10 Day 230
Average Daily Volume3 Month 190
Average Volume 190
Average Volume10Days 230
Beta3 Year 0.93
Bid 0.0
Bid Size 2,200
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 44.4274
Day Low 44.4274
Dividend Yield 0.0
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 42.64348
Fifty Day Average Change 1.7839203
Fifty Day Average Change Percent 0.041833367
Fifty Two Week Change Percent 6.977582
Fifty Two Week High 44.994
Fifty Two Week High Change -0.5666008
Fifty Two Week High Change Percent -0.012592808
Fifty Two Week Low 38.969
Fifty Two Week Low Change 5.458397
Fifty Two Week Low Change Percent 0.14007023
Fifty Two Week Range 38.969 - 44.994
First Trade Date Milliseconds 1,612,881,000,000
Five Year Average Return 0.075398
Full Exchange Name NYSEArca
Fund Family UBS
Fund Inception Date 1,612,483,200
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Name ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_703884082
Nav Price 44.3438
Net Assets 4,328,750.0
Net Expense Ratio 0.95
Open 44.17
Phone +41 61 288 5050
Previous Close 44.3386
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 0.0887985
Regular Market Change Percent 0.200274
Regular Market Day High 44.4274
Regular Market Day Low 44.4274
Regular Market Day Range 44.4274 - 44.4274
Regular Market Open 44.17
Regular Market Previous Close 44.3386
Regular Market Price 44.4274
Regular Market Time 1,783,539,984
Regular Market Volume 9
Short Name ETRACS 2x Leveraged MSCI US Min
Source Interval 15
Symbol USML
Three Year Average Return 0.154202
Total Assets 4,328,750
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 7.42461
Trailing Three Month Returns 7.42461
Triggerable 1
Two Hundred Day Average 42.16844
Two Hundred Day Average Change 2.258957
Two Hundred Day Average Change Percent 0.053569846
Type Disp ETF
Volume 9
Yield 0.0
Ytd Return 3.38227