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Dividend Vision

WTIU — UBS ETRACS - ProShares Daily 3x Long Crude ETN

UBS ETRACS - ProShares Daily 3x Long Crude ETN (WTIU)

WTIU pays a 0.00% distribution rate, on a 0.95% expense ratio. Total return is -11.5% over the past 3.5 years, 107.6 points behind SPY at 96.1%. Its deepest 1-year drawdown was 48.6%.

This exchange-traded note provides daily 3x leveraged exposure to crude oil prices, amplifying both gains and losses relative to the underlying commodity. As a leveraged commodity product, it carries a 0.95% annual expense ratio and is designed for short-term trading rather than buy-and-hold investing, with no dividend distributions. This product appeals primarily to active traders and commodity speculators seeking amplified price exposure to oil markets, not to income-focused dividend investors.

WTIU key facts

Issuer
UBS Asset Management
Asset type
ETN
Asset class
Commodity
Expense ratio
0.95%
Distribution rate
0.00%
Last close
$20.07
AUM
$8,633,296
Average volume
1392831.0
Beta
-0.28
P/E ratio
19.8352