Premium Access    ETF Search:   

Velocity Shares 3x Long Nat Gas ETN (UGAZ) - ETF





©ETFScreen.com
Volume(000's)


Charts and data are derived from prices adjusted for both splits and distributions to emphasize total return.

ETF Symbol:
Price52.2
Volume3m
Avg Vol4m
RSf0.3
$Vol(21d)229m
52 wk High235.30
52 wk Low49.72
Inception:Feb 2012
(as of 2018-02-16)
Total Returns:
1 day-2.4%
5 day-2.9%
1 month-37.2%
3 month-48.3%
6 month-56.3%
9 month-72.4%
1 year-72.6%
 
Compare Funds:
Correlated Group: Energy (View cGroup) (All Groups)




 

Correlated Funds

Most Directly Correlated
ProShares Ultra DJ-UBS Natural Gas ETFBOIL1.00  
United States Natural Gas FundUNG0.99  
ETFS Bloomberg All Commodity Strtgy ETFBCI0.59  
ProShares UltraPro 3x Crude Oil ETFOILU0.55  
iPath DJ AIG Commodity ETNDJP0.45  
iShares Core MSCI Intl Dev Mkts ETFIDEV0.42  
GreenHaven Continuous Commodity IndexGCC0.37  
ELEMENTS Rogers Intl Commodity ETNRJI0.33  
PowerShares Optm Yld Divsfd Comdty ETFPDBC0.32  
Global X US Infrastructure ETFPAVE0.30  
Least Correlated
Guggenheim BulletShares 2020 Corp Bond ETFBSCK0.00  
iShares Barclays Agency BondAGZ0.00  
VanEck Vectors Mortgage REIT Income ETFMORT0.00  
iShares Int Rate Hedged High Yld Bnd ETFHYGH0.00  
PowerShares VRDO Tax-Free Weekly PortfolioPVI0.00  
Guggenheim BulletShrs 2024 Corp BndBSCO-0.00  
SPDR Barclays Capital TIPS ETFIPE-0.00  
VanEck Vectors Short High Yld Muni FundSHYD-0.00  
Vanguard Short-Term Bond ETFBSV-0.00  
PIMCO 15+ Year US TIPS Index ETFLTPZ-0.00  
Most Inversely Correlated
Direxion Dly S&P Oil & Gas E&P Bear 3X ETFDRIP-0.17  
Proshares Short Russell 2000RWM-0.18  
Proshares UltraShort Russell2000TWM-0.18  
ProShares UltraPro Short Russell2000SRTY-0.19  
Direxion Small Cap Bear 3X SharesTZA-0.19  
Direxion Daily S&P Biotech Bear 3X ETFLABD-0.20  
ProShares UltraShort Nasdaq BiotechnologyBIS-0.21  
ProShares UltraPro 3x Shrt Crude Oil ETFOILD-0.54  
ProShares UltraShort DJ-UBS Natural Gas ETFKOLD-1.00  
Velocity Shares 3x Inverse Nat Gas ETNDGAZ-1.00  
These 126 day (6 month) correlations can be considered short term, focusing on recent price movements.
Correlations are only calculated for actively traded funds. As of: 2018-02-16.
 


Exchange-traded funds are similar to index funds that trade like a single stock. Until the advent of the ETF, it was impossible to trade indexes this easily through an equity account. Most ETFs are relatively static in make-up, like the SPY or QQQQ index funds. Others, like some of the PowerShares funds, are dynamic and the holdings are changed routinely. ETFs have risks similar to stocks in that their value can rise or fall at the discretion of the marketplace. Some ETFs, like international funds and narrowly based indexes, have special risks that the investor should be aware of. However, used properly ETFs can provide an efficient and effective investment vehicle for achieving results that were near impossible for the typical investor to achieve prior to their development.








Important Disclaimer: The information provided by ETFScreen.com is strictly for informational purposes and is not to be construed as advice or solicitation to buy or sell any security. The owner of ETFScreen.com assumes no liability resulting from the use of the material contained herein for any purposes, including investment purposes. Privacy Policy Disclaimer/Terms of Use ...

If you have a comment please contact us. Advertise with us Market Data by:On-Demand Financial Market Data by Xignite