ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN (USML) - Live Price & How to Invest from India

ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN Stock Performance

as on August 19, 2026 at 2:16 pm IST

$47.26
Day's Price Range
$47.26
$47.26
52 Week's Low
52 Week's High
$38.97
52-Week Price Range
$47.44
$47.26
17.54%
Downside
0.39%
Upside

ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN share price movements today

NAV: $47.44
Volume: 44.6K
Market Cap: -
Day's Low - High: $47.26 - $47.26
52 Week Low - High: $38.97 - $47.44

ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN Fundamentals

AUM	$4.74Mn
Expense Ratio	0.95%
Dividend Yield	-

About ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN

USML is engineered to provide twice the daily price fluctuations of the MSCI USA Minimum Volatility Index. This benchmark is derived by refining the broader MSCI USA Index, its primary reference, with the goal of assembling a portfolio that exhibits the lowest possible volatility, all while adhering to specified criteria. The method for achieving this optimization involves an estimated co-variance matrix, which is developed using the Barra multi-factor equity model. Rigorous rules govern the index's composition: individual components must account for a minimum of 0.5% and a maximum of 1.5% of the total index weight. Furthermore, sector allocations are tightly managed, ensuring they do not stray by more than 5% from their weighting within the parent index. Given its leveraged structure and quarterly rebalancing, USML is explicitly designed for short-term trading applications and is unsuitable as a long-term investment instrument. Consequently, the compounding effect can lead to substantial deviations between its long-term returns and those of the underlying index. Lastly, it is crucial to recognize that as an exchange-traded note (ETN), investors are subject to the credit risk of its issuer, UBS.

Frequently Asked Questions

What is ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN (USML) share price today?

ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN (USML) share price today is $47.26.

Can Indians buy ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN shares?

Yes, Indians can invest in the ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN (USML) from India.

With INDmoney, you can buy ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN at 0 brokerage. The step-by-step process is as follows:

• Open your zero cost US Stocks account and zero balance IND Super Saver Account Powered by SBM India Bank (this can be done in less than 3 minutes)

• Transfer funds to your US Stocks account using your IND Super Saver Account (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.

• Once funds are transferred successfully, you can buy ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN at zero transaction cost.

How can I buy ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN shares from India?

It is very easy to buy ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN be purchased?

Yes, you can buy fractional shares of ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN with INDmoney app.

What are the documents required to start investing in ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN stocks?

To start investing in ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN, You will need the following documents:

• Proof of Identification (PAN, Aadhaar etc)

• Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND Super Saver Account powered by SBM Bank so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.