ETRACS Reports Technology Sector Top Performer

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The FINANCIAL — UBS Investment Bank announced on 26 February that the ETRACS ISE Solid State Drive Index ETN, linked to the ISE Solid State Drive Index, is the top performing technology exchange-traded product year-to-date, significantly outperforming all other US-listed.

 

According to UBS, non-leveraged and non-inverse exchange-traded notes and exchange-traded funds such as the Vanguard Information Technology ETF, Technology Select Sector SPDR Fund, iShares Dow Jones U.S. Technology Sector Index Fund and iShares S&P Global Technology Sector Index Fund.

SSDD, like its leveraged counterpart, the ETRACS Monthly 2xLeveraged ISE Solid State Drive Index ETN, provides investors with exposure to a portfolio of companies actively involved in the solid state drive segment of the electronic storage industry.

 

 

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