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

11.35
Delayed Data
As of Apr 20
 -0.25 / -2.16%
Today’s Change
9.03
Today|||52-Week Range
16.07
-2.24%
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.

Why Silver ETFs May Outshine Gold ETFs
Apr 20 / Zacks.com - Paid Partner Content
 

Performance

1 month+16.45% 3 years-15.38%
3 months-0.91% 5 years-35.10%
1 year-28.32% Since inception-43.91%
Data through 04/21/2018

Quote Details

Previous close$11.60
Open day’s range11.31 – 11.51
Net asset value (NAV)11.57 (04/19/2018)
Daily volume1,887,335
Average volume (3 months)2,802,931
Data as of 4:00pm ET, 04/20/2018

Peer Comparisonvs. Trading--leveraged commodities ETFs

 USLVCategory
Performance 5-yr return-35.10%-1.47%
Expense Gross exp ratio1.65%--
Risk 5 year sharpe ratio-0.41--
Net assets$265.2M--
Average market cap----
Average P/E----
Dividend / Share----

Competitors

DYY DB Commodity Double Long ETN
BDD DB Base Metals Double Long ETN
UCO ProShares Ultra Bloomberg Crude Oil

Holdings

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