Leveraged Value ETFs
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
IWDL ETRACS 2x Leveraged US Value Factor TR ETN | Leveraged Equities, Leveraged | 33.33% |
UDOW ProShares UltraPro Dow30 | Leveraged Equities, Leveraged | 33.33% |
UMDD ProShares UltraPro MidCap400 | Leveraged Equities, Leveraged | 33.33% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Leveraged Value ETFs, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Quarterly
The earliest data available for this chart is Feb 5, 2021, corresponding to the inception date of IWDL
Returns By Period
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 22.49% | 3.72% | 16.33% | 33.60% | 14.41% | 11.99% |
| Leveraged Value ETFs | 34.11% | 9.23% | 33.45% | 77.59% | N/A | N/A |
| Portfolio components: | ||||||
IWDL ETRACS 2x Leveraged US Value Factor TR ETN | 32.25% | 6.67% | 27.51% | 58.33% | N/A | N/A |
UMDD ProShares UltraPro MidCap400 | 32.87% | 11.30% | 32.88% | 86.24% | 7.91% | 13.33% |
UDOW ProShares UltraPro Dow30 | 36.60% | 9.72% | 40.26% | 87.84% | 15.28% | 22.93% |
Monthly Returns
The table below presents the monthly returns of Leveraged Value ETFs, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.31% | 9.48% | 10.26% | -14.02% | 7.78% | -2.09% | 12.88% | 1.85% | 2.79% | 34.11% | |||
| 2023 | 15.01% | -8.76% | -3.67% | 1.86% | -9.87% | 17.78% | 8.88% | -7.68% | -11.95% | -10.01% | 22.72% | 16.70% | 24.66% |
| 2022 | -12.14% | -3.85% | 5.08% | -16.27% | 1.03% | -22.29% | 22.87% | -9.76% | -23.34% | 31.96% | 14.38% | -12.79% | -34.71% |
| 2021 | 1.10% | 15.01% | 9.33% | 3.32% | -2.23% | 1.52% | 4.49% | -10.47% | 15.40% | -9.03% | 14.39% | 46.46% |
Expense Ratio
Leveraged Value ETFs has a high expense ratio of 0.95%, indicating higher-than-average management fees. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of Leveraged Value ETFs is 25, suggesting that the investment has average results relative to other portfolios in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
IWDL ETRACS 2x Leveraged US Value Factor TR ETN | 2.50 | 3.19 | 1.40 | 1.61 | 13.81 |
UMDD ProShares UltraPro MidCap400 | 1.62 | 2.17 | 1.26 | 1.23 | 7.87 |
UDOW ProShares UltraPro Dow30 | 2.57 | 3.05 | 1.40 | 1.87 | 13.28 |
Dividends
Dividend yield
Leveraged Value ETFs granted a 0.45% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Leveraged Value ETFs | 0.45% | 0.38% | 0.44% | 0.11% | 0.09% | 0.42% | 0.35% | 0.04% | 0.23% | 0.09% | 0.18% | 0.12% |
| Portfolio components: | ||||||||||||
IWDL ETRACS 2x Leveraged US Value Factor TR ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UMDD ProShares UltraPro MidCap400 | 0.45% | 0.19% | 0.49% | 0.06% | 0.08% | 0.64% | 0.32% | 0.00% | 0.03% | 0.06% | 0.08% | 0.00% |
UDOW ProShares UltraPro Dow30 | 0.89% | 0.95% | 0.83% | 0.26% | 0.19% | 0.61% | 0.73% | 0.13% | 0.67% | 0.21% | 0.46% | 0.35% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Leveraged Value ETFs. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Leveraged Value ETFs was 51.77%, occurring on Sep 30, 2022. Recovery took 494 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -51.77% | Jan 5, 2022 | 186 | Sep 30, 2022 | 494 | Sep 19, 2024 | 680 |
| -17.87% | Nov 9, 2021 | 16 | Dec 1, 2021 | 23 | Jan 4, 2022 | 39 |
| -12.45% | May 10, 2021 | 29 | Jun 18, 2021 | 37 | Aug 11, 2021 | 66 |
| -11.82% | Sep 3, 2021 | 12 | Sep 21, 2021 | 21 | Oct 20, 2021 | 33 |
| -9.88% | Feb 25, 2021 | 6 | Mar 4, 2021 | 4 | Mar 10, 2021 | 10 |
Volatility
Volatility Chart
The current Leveraged Value ETFs volatility is 7.75%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Asset Correlations Table
| UMDD | UDOW | IWDL | |
|---|---|---|---|
| UMDD | 1.00 | 0.85 | 0.91 |
| UDOW | 0.85 | 1.00 | 0.93 |
| IWDL | 0.91 | 0.93 | 1.00 |