AUM$7.1M
Expense Ratio0.95%
NAV$23.24
HoldingsN/A
InceptionFeb 9, 2021
Price Chart
Key Statistics
Previous Close
$24.22Day Range
$23.44$23.78
52-Week Range
$12.35$28.05
Avg Volume
658Dividend Yield
N/AExpense Ratio
0.95%AUM
$7.1MShares Outstanding
N/AFund Information
- Issuer
- ETRACS
- Subcategory
- Total Market
- Inception Date
- Feb 9, 2021
- Exchange
- NYSE_ARCA
- Description
- As a levered product, IWML is not a buy-and-hold ETN, it's a short-term tactical instrument designed to provide 2x exposure to the Russell 2000. The underlying index consists primarily of small-caps, but also drifts into midcaps and heavily into micro-caps, overall representing approximately 10% of the total market. Like many levered funds, IWML delivers 2x exposure only for one day. The fund also resets its leverage quarterly. Keep in mind this is an exchange-traded note, as such, investors also assume the credit risk of UBS. Index reconstitution is done annually.
The ETRACS 2x Leveraged US Size Factor TR ETN (IWML) is an exchange-traded fund issued by ETRACS that launched on Feb 9, 2021. It currently manages $7.1M in assets under management. The fund charges an expense ratio of 0.95%.
Top 10 holdings represent 0.0% of the fund
No holdings data available.
Detailed Returns
| Period | Return | ETF | Cat. Avg | vs Avg |
|---|---|---|---|---|
| 1D | -3.14% | — | ||
| 1W | -7.47% | — | ||
| 1M | -11.05% | — | ||
| 3M | -2.32% | — | ||
| 6M | +8.65% | — | ||
| YTD | +1.56% | — | ||
| 1Y | +40.65% | — | ||
| 3Y | +66.48% | — | ||
| 5Y | -15.29% | — |
Moving Averages
20-Day MA
$25.95
Below 20-Day MA50-Day MA
$25.81
Below 50-Day MA200-Day MA
$22.14
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$28.05
Current Price
$23.46
52-Week Low
$12.35
$12.35$28.05
Current Yield
N/A
Annual Dividend
N/A
Frequency
N/A
Last Ex-Date
N/A
Dividends
No dividend data available for this ETF.
Category Comparison
No category data available for comparison.
Compare with Another ETF
Search for an ETF to compare with IWML: