UBS ETRACS ProShares Dly 3x Invrs CrdETN
About the ETN
The UBS ETRACS - ProShares Daily 3x Inverse Crude ETN (NYSE: WTID) (“WTID” or the “ETN”) is an exchange-traded note linked to the daily compounded 3x leveraged inverse performance of the Bloomberg WTI Crude Oil Subindex ER, less investor fees. WTID has been approved for listing on the NYSE Arca® exchange (subject to official notice of issuance). WTID will benefit from an decrease in the index level.