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VelocityShares 3x Long Silver ETN Linked to the S&P GSCI® Silver Index ER (USLV)

11.35
BATS BZX Real-Time Price
As of 10:55am ET
 +0.36 / +3.28%
Today’s Change
9.03
Today|||52-Week Range
29.09
-0.70%
Year-to-Date

Investment Objective

The investment seeks to replicate, net of expenses, three times the S&P GSCI Silver index ER. The index comprises futures contracts on a single commodity. The fluctuations in the values of it are intended generally to correlate with changes in the price of silver in global markets.

Pure Play Leveraged Gold Trade
Jul 19 / GuruFocus News - Paid Partner Content
 

Performance

1 month-3.54% 3 years-39.89%
3 months-29.42% 5 years-44.51%
1 year-54.56% Since inception-48.32%
Data through 07/21/2017

Quote Details

Previous close$10.99
Open day’s range11.24 – 11.36
Net asset value (NAV)11.12 (07/20/2017)
Daily volume51,492
Average volume (3 months)2,330,561
Data as of 10:55am ET, 07/21/2017

Peer Comparisonvs. Trading--leveraged commodities ETFs

 USLVCategory
Performance 5-yr return-44.51%-1.47%
Expense Gross exp ratio1.65%--
Risk 5 year sharpe ratio-0.32--
Net assets$257.1M--
Average market cap----
Average P/E----
Dividend / Share----

Competitors

BOIL ProShares Ultra Bloomberg Natural Gas
BDD DB Base Metals Double Long ETN
DYY DB Commodity Double Long ETN

Holdings

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