This ETF offers exposure to heating oil futures contracts, making UHN one of the more targeted and precise tools within the Oil & Gas ETFdb Category. Given this narrow focus, as well as the nuances of a futures-based strategy, UHN probably doesn't belong in any long-term, buy-and-hold portfolios; this product is most useful as a tool for establishing shorter-term tactical exposure to this slice of the energy market. Those looking for broad commodity exposure should take a look at the choices in the Commodities ETFdb Category, while those looking for more diversified energy exposure might take consider DBE or UBN. It should be understood that UHN does not offer exposure to movements in the spot prices of heating oil; the underlying assets of this fund consist of futures contracts, and as such the returns generated will depend on multiple factors, including the degree of contango or backwardation in futures markets. Additionally, investors considering a position in UHN should note the potential tax consequences of the partnership structure; this ETP may cause investors to pay taxes annually regardless of transaction activity, and may result in receipt of a K-1 at the end of the year (ETNs may be able to steer clear of these issues). This product is probably not useful for the vast majority of investors, but for those seeking targeted exposure to this corner of the commodity market, UHN can be a nice resource.
The adjacent table gives investors an individual Realtime Rating for UHN 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 Oil & Gas 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 4 other ETFs in the Oil & Gas 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.
This section compares the fund flows of this ETF to peers in the same 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 UHN 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.