ESUS

ETRACS 2x Leveraged MSCI USA ESG Focus TR ETN seeks to provide 2 times leveraged long exposure to the compounded quarterly performance of the MSCI USA ESG Focus Index Gross Total Return USD, reduced by the Accrued Fees. The index is the total return version of the MSCI USA ESG Focus Index. The index is designed to maximize exposure to positive environmental, social and governance ("ESG") factors while exhibiting risk and return characteristics similar to those of the MSCI USA Index.