MTULETRACS 2x Leveraged MSCI US Momentum Factor TR ETN
Provides 2x leveraged long exposure to the compounded quarterly performance of the MSCI USA Momentum GR USD Index, less financing and tracking fees.
By UBS · Launched 2021
0.95%
#4,882 of 5,861 · expensive
$10M
#4,886 of 5,861 · small
+47.3%
5 years
#2,251 of 5,861 · seasoned
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundRisk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Provides 2x leveraged long exposure to the compounded quarterly performance of the MSCI USA Momentum GR USD Index, less financing and tracking fees.
- Strategy
- Delivers 2x leveraged exposure to a U.S. momentum-factor equity strategy across large- and mid-cap stocks, compounded quarterly rather than daily reset. Tracks the MSCI USA Momentum GR USD Index, which selects MSCI USA constituents with high price momentum while controlling liquidity and turnover.
- Inception date
- February 5, 2021
- Fund family
- UBS
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Your return drifts the longer you hold
Leverage amplifies the index's daily move, by 2x or 3x. The fund resets every day, so over weeks and months your real return drifts from that multiple. It can run ahead in a smooth climb and bleed in a choppy one. Hold one for months and you own a different bet than the label suggests.
Sources: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-08-04