Fund Description
The ETRACS 2x Leveraged MSCI USA ESG Focus TR ETN is designed to provide 2 times leveraged long exposure to the compounded quarterly performance of the MSCI USA ESG Focus Index Gross Total Return USD, less financing costs and tracking fees. The MSCI USA ESG Focus Index Gross Total Return USD is derived by selecting constituents of the MSCI USA Index (Bloomberg: M2US Index )(the Parent Index ), through an optimization process that aims to maximize exposure of environmental, social and governance ( ESG ) factors for a target tracking error budget under certain constraints. The Underlying Index is sector-diversified and targets companies with high ESG ratings in each sector. Companies involved in tobacco, controversial weapons, fossil fuel extraction and thermal coal power are not eligible for inclusion in the Index. The Parent Index is a market cap weighted benchmark index that includes large and mid-cap stocks across the U.S. equity markets.
Fund Profile
Fund Name ETRACS 2x Leveraged MSCI USA ESG Focus TR ETN
Fund Exchange Ticker ESUS
Fund Sponsor UBS
Fund ISIN US90278V7432
Net Expense Ratio 0.95 %
Fund Inception Date 14 September 2021
Fund Legal Structure ETN
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Leveraged / Inverse
Asset Class Equities (Stocks)
Index Linked Passive
Index Name MSCI USA ESG Focus Index
Index Provider MSCI
Currency Hedged No
Inverse / Leveraged Leveraged (2x)
Developed / Emerging Developed Market Funds
Market Capitalization Range Large & Mid Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 5 August 2022
Asset Under Management 19.52 Million (USD)
1 Month Total Return 11.14 %
Year To Date Return -30.00 %
1 Year Total Return
3 Year Annualized Total Return
NAV 19.52
Share Outstanding 1,000,000
Top 10 Holdings (Invalid date)
Constituent Name Constituent Ticker Constituent Type Weighting