UBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL)

14.58
BATS BZX Real-Time Price
As of 1:53pm ET
 +0.18 / +1.25%
Today’s Change
12.50
Today|||52-Week Range
19.50
-17.39%
Year-to-Date

Investment Objective

The investment seeks to link to the Market Vectors- Global Mortgage REITs Index. The index tracks the overall performance of publicly-traded mortgage REITs that derive at least 50% of their revenues from mortgage-related activities. The Securities are senior unsecured debt securities issued by UBS AG (UBS). The Securities provide a monthly compounded two times leveraged long exposure to the performance of the Index- reduced by the Accrued Fees.

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Performance

1 month+4.18% 3 years+10.15%
3 months-4.60% 5 years+6.97%
1 year-3.07% Since inception+11.89%
Data through 04/26/2018

Quote Details

Previous close$14.40
Open day’s range14.37 – 14.59
Net asset value (NAV)14.36 (04/25/2018)
Daily volume2,588
Average volume (3 months)334,689
Data as of 1:53pm ET, 04/26/2018

Peer Comparisonvs. Trading--leveraged equity ETFs

 MORLCategory
Performance 5-yr return+6.97%+16.48%
Expense Gross exp ratio0.40%2.01%
Risk 5 year sharpe ratio0.38--
Net assets$407.3M$87.8M
Average market cap----
Average P/E----
Dividend / Share--0.31%

Competitors

PPLC Portfolio+ S&P 500® ETF
SFLAF iPath® Long Extended S&P 500® TR Index...
SPLX UBS ETRACS Monthly Reset 2xLeveraged S&P...

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.