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VELOCITYSHARES 3X LONG SILVER ETN: (USLV)

(Market Close from AMEX) As of Dec 19, 2014 03:59 PM ET

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$20.59 USD

20.59
219,055

+0.48 (2.39%)

Volume: 219,055

Zacks ETF Rank: 0 - Not Rated [?]          

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

ETF Quote Details

Previous Close 20.11
Open 20.16
Bid 18.00
Ask 20.69
Day Low-High 20.00-20.80
52wk Low-High 18.61-65.19
Volume 219,055
NAV (month end) 57.07
Premium (+)/Discount (-) (month end)-36.96

Zacks Premium Research for USLV

Zacks ETF Rank [?] Not rated 0
ETF Risk [?] High

Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

ETF Expense Ratio

Expense Ratio 1.65%
Dividend (Yield) $0.00 (0.00%)
Issuer VELOCITYSHARES

Benchmark for USLV

SP GSCI SILVER INDEX ER

Index is the excess return version of a sub-index of the S&P GSCI Index and represents only the silver component of, and is composed entirely of silver futures contracts included in, the S&P GSCI Index.The S&P GSCI is designed to be a measure of the performance over time of the markets for these commodities.

Fund Summary for USLV

VELOCITYSHARES 3X LONG SILVER ETN

It is senior, unsecured obligations of Credit Suisse. The ETNs seek to provide long exposure to 3x the daily performance of the S&P GSCI Silver Index ER plus a daily accrual equal to the return that could be earned on a notional capital reinvestment at the 3 month US Treasury rate less the daily investor fee. It provides traders to express their market views on the COMEX silver future.