This ETN offers exposure to livestock, a corner of the commodity market that includes lean hogs and live cattle. UBC may have appeal to investors looking to bet that food prices will climb, and a case for this asset class as a hedge against inflation can be made as well. UBC is probably too targeted for those building a long-term, buy-and-hold portfolio; broad-based funds such as DBC or USCI might make more sense in that regard. Investors should be aware of the nuances of both futures-based investment strategies and the ramifications of investing in an ETN, but UBC is a good option for those seeking livestock exposure because it is cheap (lower expenses than COW) and offers balanced exposure. If you're in the market for livestock exposure, UBC is the way to go--assuming you're comfortable with exposure to an ETN. The ETN structure is noteworthy because it avoids tracking error (a potentially major issue in commodity ETPs) while exposing investors to the credit risk of the issuing institution. Additionally, tax treatments can be unique across the structures--with ETNs generally more favorable for investors holdings positions for longer periods of time.
The adjacent table gives investors an individual Realtime Rating for UBC on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Agricultural Commodities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb.com Category.
This ETF is not currently available for commission free trading on any platforms.
There are 0 other ETFs in the Agricultural Commodities ETFdb.com Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb.com Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of UBC relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.
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