ETRACS Reports Technology Sector Top Performer: Solid State Drive ETN Leads Technology Exchange Traded Products with a 29.97% YTD Return

UBS Investment Bank today announced that the ETRACS ISE Solid State Drive Index ETN (Ticker: SSDD, NYSE), linked to the ISE Solid State Drive™ Index, is the top performing technology exchange-traded product (“ETP”)* year-to-date, significantly outperforming all other US-listed, non-leveraged and non-inverse exchange-traded notes (“ETNs”) and exchange-traded funds (“ETFs”) such as the Vanguard Information Technology ETF (Ticker: VGT, NYSE), Technology Select Sector SPDR Fund (Ticker: XLK, NYSE), iShares Dow Jones U.S. Technology Sector Index Fund (Ticker: IYW, NYSE) and iShares S&P Global Technology Sector Index Fund (Ticker: IXN, NYSE).

SSDD, like its leveraged counterpart, the ETRACS Monthly 2xLeveraged ISE Solid State Drive Index ETN (Ticker: SSDL), provides investors with exposure to a portfolio of companies actively involved in the solid state drive segment of the electronic storage industry.

The table below summarizes the year-to-date performance of the top technology ETPs listed on a U.S. securities exchange:

TickerNameUnderlying Index

Total Return
(YTD)

SSDD ETRACS ISE Solid State Drive Index ETN ISE Solid State Drive™ Index 29.97%
QGEM EGShares Technology GEMS ETF Dow Jones Emerging Markets Technology Titans Index 21.66%
CQQQ Guggenheim China Technology ETF AlphaShares China Technology Index 19.92%
XSD SPDR S&P Semiconductor ETF S&P Semiconductor Select Industry 18.28%
SKYY First Trust ISE Cloud Computing Index Fund ISE Cloud Computing Index 18.02%
QQQC The Global X NASDAQ China Technology ETF NASDAQ OMX China Technology Index 17.43%
SOXX iShares PHLX SOX Semiconductor Sector Index Fund PHLX Semiconductor Sector Index 16.68%
PXQ PowerShares Dynamic Networking Portfolio Dynamic Networking Intellidex Index 16.06%
MTK SPDR Morgan Stanley Technology ETF Morgan Stanley Technology Index 16.01%
IGV iShares S&P GSTI Software Index Fund S&P North American Technology-Software Index 15.34%
FXL First Trust Technology AlphaDEX Fund StrataQuant Technology Index 15.12%
PTF PowerShares Dynamic Technology Sector Portfolio Dynamic Technology Sector Intellidex Index 14.82%
EIPO ETRACS Next Generation Internet ETN due July 19, 2041 UBS Next Generation Internet Index 14.79%
QTEC First Trust NASDAQ-100 Technology Sector Index Fund NASDAQ-100 Technology Sector Index 14.64%
IYW iShares Dow Jones US Technology Sector Index Fund Dow Jones U.S. Technology Index 14.55%
AXIT iShares MSCI ACWI ex US Information Technology Sector Index Fund MSCI All Country World ex USA Information Technology Index 14.33%
FTQ Focus Morningstar Technology Index Morningstar Technology Index 14.21%
VGT Vanguard Information Technology Index Fund MSCI US Investable Market Information Technology 25/50 Index 14.05%
RYT Rydex S&P Equal Weight Technology ETF S&P Equal Weight Index Information Technology 14.02%
SMH Market Vectors Semiconductor ETF Market Vectors US Listed Semiconductor 25 Index 13.44%
IGN iShares S&P GSTI Networking Index Fund S&P North American Technology-Multimedia Networking Index 13.42%
IXN iShares S&P Global Technology Sector Index Fund S&P Global Information Technology Sector Index 13.25%
IGM iShares S&P GSTI Technology Index Fund S&P North American Technology Sector Index 13.04%
PSI PowerShares Dynamic Semiconductors Portfolio Dynamic Semiconductors Intellidex Index 12.60%
PSJ PowerShares Dynamic Software Portfolio Dynamic Software Intellidex Index 12.15%
XLK Technology Select Sector SPDR Fund Technology Select Sector Index 12.14%
SOCL Social Media Index ETF Profile Solactive Social Media Index 12.06%
PNQI PowerShares NASDAQ Internet Portfolio NASDAQ Internet Index 11.92%
PSCT PowerShares S&P SmallCap Information Technology Portfolio S&P SmallCap 600 Information Technology Index 11.88%
IPK SPDR S&P International Technology Sector ETF S&P Developed Ex-U.S. BMI Information Technology Sector Index 11.88%
XSW SPDR S&P Software & Services ETF S&P Software & Services Select Industry Index 10.74%
PXN PowerShares Lux Nanotech Portfolio Lux Nanotech Index 9.92%
FDN First Trust Dow Jones Internet Index Fund Dow Jones Internet Index 8.27%

Source: ETFdb 2/22/2012

*As of 2/22/2012. Based on total return, as determined by ETFdb. All ETPs defined by ETFdb as US-listed, non-leveraged and non-inverse technology ETPs on 2/22/2012 were considered for this comparison. Note that newly issued ETPs may not be included in the ETFdb database and therefore may have been excluded from this comparison.

About the ISE Solid State Drive™ Index

The ISE Solid State Drive™ Index was created as a benchmark for the solid state drive technology market. The Index uses an equal weighted allocation across the drive manufacturer and component manufacturer categories as well as an equal weighted allocation methodology for all components within each sector category. Index components are reviewed quarterly for eligibility, and the weights are re-set according to that methodology.

About ETRACS

For further information about ETRACS ETNs, go to http://www.etracs.com.

Exchange Traded Access Securities ETNs (“ETRACS ETNs”), are exchange-traded notes, an innovative class of investment products offering access to markets and strategies that may not be readily available to investors, and offer unique diversification opportunities in a number of different sectors. ETRACS ETNs may offer:

  • Access to asset classes with historically low correlations to more traditional asset classes
  • Convenience of an exchange-traded security
  • Transparent exposure to a published index

ETRACS ETNs are senior unsecured notes issued by UBS AG (“UBS”), are traded on NYSE Arca, and can be bought and sold through a broker or financial advisor. An investment in ETRACS ETNs is subject to a number of risks, including the risk of loss of some or all of the investor’s principal, and is subject to the creditworthiness of UBS. We urge you to read the more detailed explanation of risks described under “Risk Factors” in the prospectus supplement for the ETRACS ETN.

There are 41 ETRACS ETNs:

ETRACS ETN Name

Ticker

Master Limited Partnerships

Alerian MLP Infrastructure MLPI
2x Monthly Leveraged Long Alerian MLP Infrastructure MLPL
1x Monthly Short Alerian MLP Infrastructure TR* MLPS
Alerian Natural Gas MLP MLPG
Wells Fargo MLP Index MLPW

Business Development Companies

Wells Fargo Business Development Company Index BDCS
2x Monthly Leveraged Wells Fargo Business Development Company Index BDCL

Alpha Strategies

Long-Short S&P 500 VIX Futures XVIX
Natural Gas Futures Contango ETN GASZ
Oil Futures Contango ETN OILZ

Hybrid

S&P 500 Gold Hedged SPGH
Fisher-Gartman Risk On ETN

ONN

Fisher-Gartman Risk Off ETN

OFF

Commodities

CMCI TR UCI
CMCI Agriculture TR UAG
CMCI Energy TR UBN
CMCI Food TR FUD
CMCI Gold TR UBG
CMCI Industrial Metals TR UBM
CMCI Livestock TR UBC
CMCI Long Platinum ER* PTM
CMCI Short Platinum ER PTD
CMCI Silver TR USV
DJ-UBS Commodity Index TR DJCI

Equities

Next Generation Internet ETN EIPO
Monthly 2xLeveraged Next Generation Internet ETN EIPL
Long ISE Solid State Drive Index

SSDD

2xLeveraged Long ISE Solid State Drive Index

SSDL

Monthly 2xLeveraged ISE Cloud Computing TR

LSKY

Volatility

Long-Short S&P 500 VIX Futures

XVIX

Long 1-Month S&P 500 VIX Futures VXAA
Long 2-Month S&P 500 VIX Futures VXBB
Long 3-Month S&P 500 VIX Futures VXCC
Long 4-Month S&P 500 VIX Futures VXDD
Long 5-Month S&P 500 VIX Futures VXEE
Long 6-Month S&P 500 VIX Futures VXFF
Short 1-Month S&P 500 VIX Futures AAVX
Short 2-Month S&P 500 VIX Futures BBVX
Short 3-Month S&P 500 VIX Futures CCVX
Short 4-Month S&P 500 VIX Futures DDVX
Short 5-Month S&P 500 VIX Futures EEVX
Short 6-Month S&P 500 VIX Futures FFVX

*TR=Total Return and ER=Excess Return

The contents of any website referred to in this communication are not part of, or incorporated by reference in, this communication. UBS has filed a registration statement (including a prospectus, as supplemented by a prospectus supplement for the offerings of the ETRACS ETNs) with the Securities and Exchange Commission (the “SEC”) for the offerings to which this communication relates. Before you invest, you should read these documents and any other documents that UBS has filed with the SEC for more complete information about UBS and the offering to which this communication relates. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, you can request the prospectus and the applicable prospectus supplement by calling toll-free (+1.877.387.2275).

Futures and futures options trading is speculative, involves a high degree of risk and is not suitable for all investors. Past performance is not necessarily indicative of future results.

© UBS 2012. The key symbol, UBS and ETRACS are among the registered and unregistered trademarks of UBS. “UBS Bloomberg Constant Maturity Commodity Index” and “CMCI” are service marks of UBS and/or Bloomberg. “Dow Jones,” “DJ-UBS Commodity Index” and “DJ-UBSCI” are service marks of Dow Jones & Company Inc. and UBS AG, as the case may be. “Standard & Poor’s®,” “S&P®,” “S&P 500®,” “Standard & Poor’s 500™,” “S&P 500 Gold Hedged,” “S&P 500 VIX Short-Term Futures Index,” “S&P 500 VIX 2-Month Futures Index,” “S&P 500 VIX 3-Month Futures Index,” “S&P 500 VIX 4-Month Futures Index,” “S&P 500 VIX Mid-Term Futures Index,” and “S&P 500 VIX 6-Month Futures Index” are trademarks of Standard & Poor’s Financial Services LLC (“S&P”) and have been licensed for use by UBS. “VIX” is a registered trademark of the Chicago Board Options Exchange, Incorporated (“CBOE”) and has been licensed to S&P. The ETRACS ETNs are not sponsored, endorsed, sold or promoted by S&P or CBOE and neither S&P nor CBOE makes any representation regarding the advisability of investing in the ETNs. “ISE Cloud Computing™ Total Return Index”, “ISE Solid State Drive™ Index”, “ISE Oil Futures Spread™”, “ISE Natural Gas Futures Spread™”, “ISE™®”, and “International Securities Exchange®” are trademarks of International Securities Exchange, LLC ("ISE" or "Licensor") and have been licensed for use for certain purposes by UBS Securities LLC and its affiliates. UBS AG’s ETRACS Monthly 2xLeveraged ISE Cloud Computing TR Index ETN, ETRACS ISE Solid State Drive Index ETN, ETRACS Monthly 2xLeveraged ISE Solid State Drive Index ETN, ETRACS Natural Gas Futures Contango ETN and ETRACS Oil Futures Contango ETN based on the ISE Cloud Computing™ Total Return Index, ISE Solid State Drive™ Index, ISE Natural Gas Futures Spread™ Index and the ISE Oil Futures Spread™ Index, respectively, are not sponsored, endorsed, sold or promoted by ISE, and ISE makes no representation regarding the advisability of trading in such product(s). Alerian MLP Infrastructure Index, Alerian Natural Gas MLP Index, Alerian MLP Infrastructure Total Return Index, Alerian Natural Gas MLP Total Return Index, AMZI, AMZIX and ANGI are trademarks of GKD Index Partners, LLC d/b/a Alerian and their use is granted under a license from GKD Index Partners. Wells Fargo Securities, Wells Fargo Securities, LLC, Wells Fargo, and Wells Fargo® Master Limited Partnership Index are trademarks of Wells Fargo & Company and have been licensed for use by UBS AG. ETRACS Wells Fargo MLP Index is not issued, guaranteed, sponsored, endorsed, sold or promoted by Wells Fargo & Company, Wells Fargo Securities, LLC or their subsidiaries and affiliates (collectively, “Wells Fargo”). Wells Fargo makes no representation or warranty, express or implied, to investors in the ETRACS ETNs or any member of the public regarding the advisability of investing in securities generally or in this ETRACS Wells Fargo MLP Index particularly or the ability of any data supplied by Wells Fargo or any Index to track financial instruments comprising the Index or any trading market. Wells Fargo & Company does not guarantee that the Index referenced by the ETRACS ETNs has been accurately calculated and shall not have any liability for any error in the calculation. Wells Fargo’s only relationship to UBS AG is the licensing of certain intellectual property rights relating to the Index as well as trademarks and trade names of Wells Fargo and of the data supplied by Wells Fargo that is determined, composed, compiled and calculated by Wells Fargo or a third party index calculator, without regard to this ETRACS Wells Fargo MLP Index. Wells Fargo has no obligation to take into consideration the ETRACS Wells Fargo MLP Index or investors in the ETRACS ETNs when determining, composing, compiling or calculating the data. Wells Fargo has no obligation or liability in connection with the listing, registration, distribution, administration, marketing, trading or redemption or settlement by the issuer or otherwise of this ETRACS Wells Fargo MLP Index. Wells Fargo does not guarantee the accuracy and/or the completeness of the index or of any data supplied by it or any data included therein. Wells Fargo makes no warranty, express or implied, as to results to be obtained by UBS AG and the ETRACS Wells Fargo MLP Index, or any other person or entity from the use of index or of the data supplied by Wells Fargo or any data included therein. Wells Fargo makes no express or implied warranties, and expressly disclaims all warranties of merchantability or fitness for a particular purpose or use with respect to the index and the data supplied by Wells Fargo or any data included therein. Without limiting any of the foregoing, in no event shall Wells Fargo have any liability for any special, punitive, indirect, or consequential damages (including lost profits), even if notified of the possibility of such damages. "MBF Index Holdings, LLC”, “The Fisher-Gartman Risk Index”, “The Fisher-Gartman Equity Subindex” and “The Fisher-Gartman Sovereign Bond Subindex” are trademarks of MBF Index Holdings, LLC and have been licensed for use by UBS AG. The ETRACS Fisher-Gartman Risk On ETN and ETRACS Fisher-Gartman Risk Off ETN are not issued by, sponsored, endorsed, sold or promoted by MBF Index Holdings, LLC or its affiliates and MBF Index Holdings, LLC makes no representation regarding the advisability of investing in the product. MBF Index Holdings, LLC does not guarantee that the Index referenced by the product has been accurately calculated and shall not have any liability for any error in the calculation. Other marks may be trademarks of their respective owners. All rights reserved. UBS assumes sole responsibility for this marketing material, which has not been reviewed by Bloomberg.

Notes to Editors

UBS draws on its 150-year heritage to serve private, institutional and corporate clients worldwide, as well as retail clients in Switzerland. We combine our wealth management, investment banking and asset management businesses with our Swiss operations to deliver superior financial solutions.

UBS is present in all major financial centers worldwide. It has offices in over 50 countries, with about 37% of its employees working in the Americas, 37% in Switzerland, 16% in the rest of Europe and 10% in Asia Pacific. UBS employs about 65,000 people around the world. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).

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