ETRACS ETFs: 10 of 15 made money

ETRACS’s Total Funds

15 funds · 67% made money

Income 5$835M · 69%

SLVO0.0%USOI+49.1%GLDI+0.3%SMHB−3.5%HDLB+22.4%

Thematic 1$222M · 18%

Unsorted 8$150M · 12%

IFED+0.4%AMUB+27.1%UCIB+33.6%BDCZ−2.8%MLPR+38.7%CEFD+2.1%BDCX−7.9%PFFL−17.3%

Bonds & cash 1$8.3M · 1%

MVRL−25.4%

ETRACS ETFs · past-year returns · as of Nov 4, 2026 · one tile per fund, grouped by category, largest first

ETRACS’s Total Holdings

Today

$1.2Bin 15 funds · 4 categories

CategoryFundsAssets ▼Share

Income5$835M69%

Thematic1$222M18%

Unsorted8$150M12%

Bonds & cash1$8.3M1%

ETRACS ETFs · current holdings · as of Nov 4, 2026

ETRACS’s Share of the ETF Market

Today

0%of all US ETF AUM is in ETRACS funds
$1.2B of $16.40T · 15 of 5,803

Low-Cost Core

$4.91T

US Stock Styles

$3.16T

Bonds & Cash$2.63T

0%of Bonds & Cash AUM

International

$2.28T

Income$1.01T

0%of Income AUM

Sectors

$964B

Thematic$388B

0%of Thematic AUM

Commodities

$383B

6 more$674B

0%of 6 more AUM

ETRACS’s AUMEveryone elseNo ETRACS funds · 5 bucketsTile size = the bucket’s total AUM

ETRACS ETFs · current AUM · as of Nov 4, 2026 · tile size = the bucket’s total AUM

Top 10 ETRACS ETFs

Today

$1.2B · 97% of $1.2B

1SLVOUBS ETRACS Silver Covered Call ETN$328M

2USOIUBS AG ETRACS Crude Oil Covered Call ETNs due April 24, 2037$314M

3MLPBAlerian MLP Infrastructure ETN Series B$222M

4GLDIUBS AG ETRACS Gold Covered Call ETNs due February 2, 2033$170M

5IFEDIFED Invest with the Fed TR ETN due September 15, 2061$49.8M

6AMUBAlerian MLP ETN Class B$37.5M

7UCIBCMCI Total Return ETN Series B$23.9M

8SMHB2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B$17.2M

9BDCZMarketVector Business Development Companies Liquid ETN$10.8M

10MLPRQuarterly Pay 1.5X Leveraged Alerian MLP ETN$10.4M

ETRACS ETFs · 10 of 15 by assets · as of Nov 4, 2026

ETRACS’s Best ETFs

+49.1%USOI, the UBS AG ETRACS Crude Oil Covered Call ETNs due April 24, 2037 fund, led all 15

1USOIUBS AG ETRACS Crude Oil Covered Call ETNs due April 24, 2037+49.1%

2MLPRQuarterly Pay 1.5X Leveraged Alerian MLP ETN+38.7%

3UCIBCMCI Total Return ETN Series B+33.6%

4AMUBAlerian MLP ETN Class B+27.1%

5MLPBAlerian MLP Infrastructure ETN Series B+26.3%

6HDLBMonthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B+22.4%

7CEFDMonthly Pay 1.5X Leveraged Closed-End ETN+2.1%

8IFEDIFED Invest with the Fed TR ETN due September 15, 2061+0.4%

9GLDIUBS AG ETRACS Gold Covered Call ETNs due February 2, 2033+0.3%

10SLVOUBS ETRACS Silver Covered Call ETN0.0%

ETRACS ETFs · past-year returns · as of Nov 4, 2026

ETRACS’s 1-Year Record

10–5made money · lost
of 15 with a full year

67% made moneyAll ETFs 74%

Typical returnMiddle fund

ETRACS+0.4%

All ETFs+6.9%

Best fundUSOI +49.1%

Worst fundMVRL −25.4%

Money made for investors$163M · 91st of 413 issuers

ETRACS ETFs · past-year returns · as of Nov 4, 2026

ETRACS vs iShares

ETRACS15 funds · 60th by money made

iSharesBlackRock · 482 funds

$163MMoney made$381B

$1.2BAssets$4.63T

$9.1MFees earned$7.5B

67%Win %80%

+0.4%Typical return+8.8%

$0.75Fee per $100$0.16

15Funds482

0Launches 202621

4–0iShares wins

ETRACS and iShares ETFs · past-year results · as of Nov 4, 2026 · each pair scaled to its larger value

ETRACS’s ETF Launches

2026

0in 20260in 12 months

No launches yet in 2026.

End-of-day Nov 4, 2026

EETRACS

ETRACS