UBS ETRACS CMCI Agriculture Total Return ETN (UAG)
UBS ETRACS CMCI Agriculture Total Return ETN operates in the Asset Management industry of the Financial Services sector. The stock last traded at $17.57, down 3.62% on the session, giving a market capitalisation of $1.2M. Its beta of 0.34 implies it has historically moved less than the broad market.
This investment product's main goal is to mirror the overall financial performance and price movements of the UBS Bloomberg CMCI Agriculture Total Return index, before any deductions for fees and expenses. It is designed to represent the full range of liquid future delivery dates for each agricultural commodity included in the index. The benchmark itself tracks the collateral-backed returns derived from a diverse portfolio of agricultural futures contracts. Specifically, this index is composed of twelve different agricultural futures contracts from the CMCI, with each commodity having three distinct target maturity periods.
UBS ETRACS CMCI Agriculture Total Return ETN is most often compared with the following Financial Services names: