ETFS 2x Daily Long Lead ETC (LLEA.L)
ETF Summary
ETFS 2x Daily Long Lead (LLEA) is designed to enable investors to gain a 'leveraged' exposure to a total return investment in lead futures contracts by tracking the Bloomberg Lead Subindex (the "Index") and providing a collateral yield. A daily leveraged exposure means that the product is designed to reflect 200% of the daily percentage change in the Index level. For example, if the Index was to decrease in value by 5% on a particular day, the product is designed to decrease in value by 10% on that day (minus fees and expenses). LLEA is an exchange traded commodity ("ETC"). It is not a UCITS product. Securities in this ETC are structured as debt securities and not as shares (equity) and can be created and redeemed on demand by authorised participants and traded on exchange just like shares in a company. The ETC is backed by swaps.
Risk Overview
Risk Overview Information Not Available
Performance & Risk
YTD Return | 3.06% |
5y Average Return | -8.72% |
Rank in Category (ytd) | -- |
% Rank in Category (ytd) | -- |
Beta (5Y Monthly) | 0.00 |
Morningstar Risk Rating | -- |
Risk Statistics
3 Years | 5 Years | 10 Years | ||||
---|---|---|---|---|---|---|
LLEA.L | Category Average | LLEA.L | Category Average | LLEA.L | Category Average | |
Alpha | 0 | -- | 0 | -- | 0 | -- |
BETA | 0 | -- | 0 | -- | 0 | -- |
Mean Annual Return | 0.39 | -- | -0.35 | -- | -0.19 | -- |
R-squared | 0 | -- | 0 | -- | 0 | -- |
Standard Deviation | 46.24 | -- | 45.02 | -- | 48.4 | -- |
Sharpe Ratio | 0.07 | -- | -0.12 | -- | -0.06 | -- |
Treynor Ratio | 0 | -- | 0 | -- | 0 | -- |