MicroSectors Energy 3X Leveraged ETNs (WTIU)
MicroSectors Energy 3X Leveraged ETNs operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $22.22, down 2.02% on the session, giving a market capitalisation of $22.2M. Its beta of -0.30 implies it has historically moved less than the broad market.
This investment product aims to deliver amplified, day-to-day returns tied to the performance of the Bloomberg WTI Crude Oil Subindex ERSM. This benchmark is constructed to assess the profits generated by maintaining a continuously rolled long position in WTI crude oil futures contracts traded on prominent U.S. exchanges.
MicroSectors Energy 3X Leveraged ETNs is most often compared with the following Financial Services names: