UBS, the issuer behind one of the broadest lineups of ETNs available to U.S. investors, continued the aggressive expansion of its product lineup this week with the introduction of two unique offerings. The company rolled out a pair of blunt instruments designed to be used in high level “risk on / risk off” trades, a term that has become popular in recent months as risky assets have exhibited strong correlations with one another and so-called “safe havens” have thrived whenever uncertainty pops up. The new ETRACS Fisher Gartman Risk On On ETN (ONN) will seek to replicate the Fisher-Gartman Risk Index, a benchmark that includes long positions in various risky asset classes such as stocks and commodities and short positions in traditional safe haven investments such as sovereign bonds. The index consists of 150% long positions combined with 50% short exposure, resulting in a net 100% long portfolio: Sector Long [...] Click here to read the original article on ETFdb.com. Related Posts: Alternatives To The 20 Most Popular ETFs March ETF Stats: Another Solid Quarter Low Cost ETFs: Complete List Of The Cheapest Exchange-Traded Funds Free ETF Trading: Comparing All The Options Ten Commandments Of ETF Investing