ETRACS 2x Leveraged US Value Fctr TR ETN (IWDL)
36.58
-0.02
(-0.06%)
USD |
NYSEARCA |
May 16, 16:00
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
0.95% | 0.31% | 36.47M | 124.30 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
0.00% | -- | 0.00 | Upgrade |
Basic Info
Investment Strategy | |
The investment seeks to provide a 2 times leveraged return linked to the compounded quarterly performance of the Russell 1000 Value Index. The index includes approximately 1,000 of the largest securities that form the Russell 3000® Index. The index measures the performance large-cap value segments of the U.S. equity market. The index includes those Russell 1000® companies with higher or lower forecasted growth values. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | -- |
Fixed Income Style | -- |
Broad Asset Class | Miscellaneous |
Broad Category | Miscellaneous |
Category Name | Trading--Leveraged Equity |
Category Index | S&P 500 TR USD |
Global Category Name | Trading Tools |
YCharts Categorization | Other |
YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
Prospectus Objective | Growth and Income |
Fund Owner Firm Name | UBS |
Prospectus Benchmark Index | |
Russell 1000 Value TR USD | 200.0% |
Broad Asset Class Benchmark Index | |
^SPXTR | 100.0% |
Manager Tenure | |
No Manager | 3.24 yrs |
Performance Versus Category
As of May 16, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 16, 2024.
Asset Allocation
Type | % Net | % Long | % Short |
---|---|---|---|
Cash | -- | -- | -- |
Stock | -- | -- | -- |
Bond | -- | -- | -- |
Convertible | -- | -- | -- |
Preferred | -- | -- | -- |
Other | -- | -- | -- |
Basic Info
Investment Strategy | |
The investment seeks to provide a 2 times leveraged return linked to the compounded quarterly performance of the Russell 1000 Value Index. The index includes approximately 1,000 of the largest securities that form the Russell 3000® Index. The index measures the performance large-cap value segments of the U.S. equity market. The index includes those Russell 1000® companies with higher or lower forecasted growth values. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | -- |
Fixed Income Style | -- |
Broad Asset Class | Miscellaneous |
Broad Category | Miscellaneous |
Category Name | Trading--Leveraged Equity |
Category Index | S&P 500 TR USD |
Global Category Name | Trading Tools |
YCharts Categorization | Other |
YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
Prospectus Objective | Growth and Income |
Fund Owner Firm Name | UBS |
Prospectus Benchmark Index | |
Russell 1000 Value TR USD | 200.0% |
Broad Asset Class Benchmark Index | |
^SPXTR | 100.0% |
Manager Tenure | |
No Manager | 3.24 yrs |