UBS ETRACS Monthly Reset 2xLeveraged ISE Exclusively Homebuilders ETN

Frequently Asked Questions About HOML

What does HOML invest in?

The investment seeks a return linked to the total return version of the ISE Exclusively Homebuilders Index (the “index”). The ETRACS Monthly Reset 2xLeveraged ISE Exclusively Homebuilders ETN due March 13, 2045 (the “Securities”) are a series of Monthly Reset 2xLeveraged Exchange Traded Access Securities (ETRACS). The index is focused exclusively on homebuilding stocks. The Securities are designed to provide a two times leveraged long exposure to the performance of the index compounded on a monthly basis, reduced by the Accrued Fees.

What is the expense ratio of HOML?

UBS ETRACS Monthly Reset 2xLeveraged ISE Exclusively Homebuilders ETN (HOML) charges an expense ratio of 0.85%. This is the annual fee deducted from fund assets to cover management and operations.

How big is HOML?

UBS ETRACS Monthly Reset 2xLeveraged ISE Exclusively Homebuilders ETN (HOML) manages $2.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is HOML actively managed or an index fund?

HOML's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was HOML launched?

UBS ETRACS Monthly Reset 2xLeveraged ISE Exclusively Homebuilders ETN (HOML) launched in March 2015 and is managed by UBS.

How has HOML performed?

HOML's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.