UCIB vs. ETEC ETF Comparison
Comparison of ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN Series B due April 5, 2038 (UCIB) to iShares Breakthrough Environmental Solutions ETF (ETEC)
UCIB
ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN Series B due April 5, 2038
UCIB Description
The ETRACS UBS Bloomberg Constant Maturity Commodity Index Total Return ETN Series B are senior unsecured debt securities issued by UBS that provide exposure to potential price appreciation in the UBS Bloomberg Constant Maturity Commodity Index Total Return. The index is designed to be a diversified benchmark for commodities as an asset class. It is comprised of futures contracts on 27 components, representing 24 commodities, with up to five different maturities for each individual commodity. The overall return on the index is generated by two components: uncollateralized returns on the futures contracts comprising the index and a daily fixed-income return.
Grade (RS Rating)
Last Trade
$25.48
Average Daily Volume
2,258
2
ETEC
iShares Breakthrough Environmental Solutions ETF
ETEC Description
ETEC provides exposure to global equities categorized as emerging green technology. Selection begins with the initial index universe that then excludes companies involved in controversial issues against UNGC principles. Stocks are reviewed to meet revenue derived from eight sustainable themes: energy efficiency, green buildings and transportation, pollution prevention and reduction, renewable energy, resource efficiency technologies and services, water, and sustainable agriculture, food, and forestry. The fund excludes companies with total sustainable product revenue less than 25%. The remaining stocks are screened further to only include companies classified as green technologies. Stocks are scored within the Rogers innovation adoption curve to determine their position across the innovators-laggards spectrum, which contributes to an aggregate score. The top 50 companies with the highest aggregate scores are selected. The market cap-weighted index is reconstituted annually in December and rebalanced quarterly.Grade (RS Rating)
Last Trade
$19.76
Average Daily Volume
519
11
Performance
Period | UCIB | ETEC |
---|---|---|
30 Days | -0.61% | -3.35% |
60 Days | 1.29% | -6.11% |
90 Days | 3.03% | -3.59% |
12 Months | 2.04% | -7.07% |
0 Overlapping Holdings
Symbol | Grade | Weight in UCIB | Weight in ETEC | Overlap |
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UCIB: Top Represented Industries & Keywords
ETEC: Top Represented Industries & Keywords