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VELOCITYSHARES 3X LONG SILVER ETN: (NASD : USLV)

(U.S : NASD) As of Apr 17, 2014 03:59 PM ET

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$44.15 USD

-0.17 (-0.38%)

Volume: 125,753

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

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ETF Quote Details

Previous Close 44.32
Open 44.17
Bid 43.30
Ask 0.00
Day Low-High 43.80-44.43
52wk Low-High 41.91-120.24
Volume 125,753
NAV (month end) 57.07
Premium (+)/Discount (-) (month end)-12.75

Zacks Premium Research for USLV

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

Learn to Profit from the Zacks Rank

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

Zacks Premium - The only way to get access to the Zacks Rank

ETF Expense Ratio

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

Benchmark for USLV

SP GSCI SILVER INDEX ER 300%

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.