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ETFs

ETRACS 2x Leveraged MSCI USA ESG Focus TR ETN

ESUS
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Sep 14, 2021
Expense Ratio
0.95%
Type
US Equities
Fund Owner
UBS
Volume (1m avg. daily)
$191
AUM
$19,570,000
Associated Index
MSCI USA ESG Focus Index
Inverse/Leveraged
Leveraged (2x)
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View
Invest with ESUS
Trade ESUS Options

What is ESUS?

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.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

ESUS
Performance Measures**

for the time period Dec 5, 2024 to Dec 12, 2024

Returns

1M Trailing Return: —

The percent change in the value over the most recent 1-month period.

3M Trailing Return: —

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -1.2%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 10.1%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: -3.79

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: -22.43

The annualized return divided by the max drawdown for the selected time period.

ETFs related toESUS

ETFs correlated to ESUS include GAUG, XAUG, LGRO

ESUS
UBS AG London Branch - ETRACS 2x Leveraged MSCI US ESG Focus TR ETN
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
ESGU
iShares Trust - iShares Trust iShares ESG Aware MSCI USA ETF
SCHK
Schwab Strategic Trust - Schwab 1000 Index ETF
DFUS
Dimensional ETF Trust - Dimensional U.S. Equity ETF
SCHX
Schwab Strategic Trust - Schwab U.S. Large-Cap ETF
LCTU
BlackRock ETF Trust - BlackRock U.S. Carbon Transition Readiness ETF
BBUS
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Equity ETF
LRGF
BlackRock Institutional Trust Company N.A. - iShares U.S. Equity Factor ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

ESUS is a US Equities ETF. 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.

ESUS tracks the MSCI USA ESG Focus Index.

No, ESUS is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, ESUS is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on ESUS is -0.028%. This is the percent change in the value of ESUS over the most recent 1-month period. The 3-month return on ESUS is -0.0134%. This is the percent change in the value of ESUS over the most recent 3-month period.

The standard deviation of ESUS for the past year is 0.346%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to ESUS include TQQQ, SSO, and TNA.

ETFs correlated to ESUS include GAUG, XAUG, and LGRO.

ETFs that are inversely correlated to ESUS include SH, SPXU, and SDS.

Yes, ESUS is a Leveraged (2x) ETF: This means that ESUS will try to match the performance of MSCI USA ESG Focus Index, but with 2x the returns.

No, ESUS is not an inverse ETF.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.