Skip to Content

ETRACS Whitney US Critical Technologies ETN

WUCT
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Mar 24 2023
Expense Ratio
0.55%
Type
Global Equities
Fund Owner
UBS
Volume (1m avg. daily)
$9
AUM
$53,360,000
Associated Index
Solactive Whitney U.S. Critical Technologies Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
Invest with WUCT

What is WUCT?

The ETRACS Whitney US Critical Technologies ETN is an Exchange Traded Note linked to the performance of the Solactive Whitney U.S. Critical Technologies CNTR Index, less tracking fees. The ETN does not pay out any coupons. The Underlying Index is designed to track large- and mid-cap companies that are associated with critical technology sectors and that meet a minimum geopolitical risk rating score.

ETFs related toWUCT

ETFs correlated to WUCT include LGRO, GAUG, XAUG

WUCT
UBS AG - ZC SP ETN REDEEM 13/03/2053 USD 25 - Ser B
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
GJUL
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - July
AUGW
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer20 Aug ETF
GJUN
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - June
TCAF
T. Rowe Price ExchangeTraded Funds Inc - T. Rowe Price Capital Appreciation Equity ETF
TJUL
Innovator ETFs Trust - Innovator Equity Defined Protection ETF - 2 Yr to July 2025

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toWUCT

#PTC

Pick the Trending Commodity

Category

Living With High Inflation, Ride the Momentum

Risk Rating

Moderate

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with WUCT using Composer

FAQ

WUCT is a Global Equities ETF. The ETRACS Whitney US Critical Technologies ETN is an Exchange Traded Note linked to the performance of the Solactive Whitney U.S. Critical Technologies CNTR Index, less tracking fees. The ETN does not pay out any coupons. The Underlying Index is designed to track large- and mid-cap companies that are associated with critical technology sectors and that meet a minimum geopolitical risk rating score.

WUCT tracks the Solactive Whitney U.S. Critical Technologies Index.

No, WUCT is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, WUCT is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on WUCT is -0.0091%. This is the percent change in the value of WUCT over the most recent 1-month period. The 3-month return on WUCT is 0.0073%. This is the percent change in the value of WUCT over the most recent 3-month period.

ETFs similar to WUCT include IXJ, SMH, and URA.

ETFs correlated to WUCT include LGRO, GAUG, and XAUG.

ETFs that are inversely correlated to WUCT include SDS, SPXS, and SPXU.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.