ETRACS Monthly Pay 1.5x Leveraged Closed-End Fund Index ETN (CEFD)
CEFD is a passive ETF by UBS tracking the investment results of the S-Network Composite Closed-End Fund Index (150%). CEFD launched on Jun 2, 2020 and has a 0.95% expense ratio.
ETF Info
| Issuer | UBS |
|---|---|
| Inception Date | Jun 2, 2020 |
| Category | Leveraged |
| Leveraged | 1.5x |
| Index Tracked | S-Network Composite Closed-End Fund Index (150%) |
| Asset Class | Multi-Asset |
Expense Ratio
CEFD has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: CEFD vs. BDCX, CEFD vs. MLPR, CEFD vs. TSLX, CEFD vs. YYY, CEFD vs. SPY, CEFD vs. SDIV, CEFD vs. CEFS, CEFD vs. PCEF
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ETRACS Monthly Pay 1.5x Leveraged Closed-End Fund Index ETN, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
ETRACS Monthly Pay 1.5x Leveraged Closed-End Fund Index ETN had a return of 24.47% year-to-date (YTD) and 38.22% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 24.47% | 25.82% |
| 1 month | 1.50% | 3.20% |
| 6 months | 15.84% | 14.94% |
| 1 year | 38.22% | 35.92% |
| 5 years (annualized) | N/A | 14.22% |
| 10 years (annualized) | N/A | 11.43% |
Monthly Returns
The table below presents the monthly returns of CEFD, 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 | 2.85% | 3.33% | 3.41% | -6.07% | 5.66% | 2.85% | 2.64% | 2.82% | 3.61% | -2.14% | 24.47% | ||
| 2023 | 12.48% | -4.01% | -4.82% | 0.45% | -3.38% | 5.46% | 3.33% | -3.12% | -5.89% | -7.08% | 12.93% | 4.21% | 8.36% |
| 2022 | -7.30% | -5.34% | 1.60% | -9.08% | -0.62% | -10.49% | 10.94% | -2.59% | -16.18% | 7.23% | 8.71% | -6.65% | -28.93% |
| 2021 | -0.17% | 2.86% | 5.07% | 4.77% | 2.85% | 2.70% | -0.15% | 2.37% | -3.69% | 4.12% | -3.35% | 3.22% | 22.09% |
| 2020 | -2.59% | 5.49% | 4.23% | -3.53% | -3.08% | 15.76% | 5.07% | 21.81% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of CEFD is 78, placing it in the top 22% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for ETRACS Monthly Pay 1.5x Leveraged Closed-End Fund Index ETN (CEFD) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
ETRACS Monthly Pay 1.5x Leveraged Closed-End Fund Index ETN provided a 11.79% dividend yield over the last twelve months, with an annual payout of $2.45 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Dividend | $2.45 | $2.76 | $3.30 | $3.31 | $1.57 |
Dividend yield | 11.79% | 14.76% | 16.57% | 10.31% | 5.37% |
Monthly Dividends
The table displays the monthly dividend distributions for ETRACS Monthly Pay 1.5x Leveraged Closed-End Fund Index ETN. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.26 | $0.16 | $0.19 | $0.25 | $0.18 | $0.19 | $0.29 | $0.21 | $0.23 | $0.29 | $0.00 | $2.27 | |
| 2023 | $0.35 | $0.19 | $0.23 | $0.27 | $0.23 | $0.20 | $0.25 | $0.21 | $0.21 | $0.26 | $0.19 | $0.18 | $2.76 |
| 2022 | $0.49 | $0.22 | $0.25 | $0.32 | $0.27 | $0.23 | $0.30 | $0.26 | $0.23 | $0.29 | $0.24 | $0.22 | $3.30 |
| 2021 | $0.36 | $0.20 | $0.25 | $0.30 | $0.25 | $0.27 | $0.31 | $0.26 | $0.26 | $0.33 | $0.27 | $0.25 | $3.31 |
| 2020 | $0.28 | $0.25 | $0.24 | $0.30 | $0.25 | $0.24 | $1.57 |
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 ETRACS Monthly Pay 1.5x Leveraged Closed-End Fund Index ETN. 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 ETRACS Monthly Pay 1.5x Leveraged Closed-End Fund Index ETN was 36.95%, occurring on Oct 25, 2023. The portfolio has not yet recovered.
The current ETRACS Monthly Pay 1.5x Leveraged Closed-End Fund Index ETN drawdown is 5.09%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -36.95% | Nov 10, 2021 | 490 | Oct 25, 2023 | — | — | — |
| -7.88% | Sep 3, 2020 | 41 | Oct 30, 2020 | 7 | Nov 10, 2020 | 48 |
| -7.1% | Jun 9, 2020 | 3 | Jun 11, 2020 | 33 | Jul 29, 2020 | 36 |
| -4.15% | Sep 3, 2021 | 21 | Oct 4, 2021 | 20 | Nov 1, 2021 | 41 |
| -3.78% | May 10, 2021 | 3 | May 12, 2021 | 8 | May 24, 2021 | 11 |
Volatility
Volatility Chart
The current ETRACS Monthly Pay 1.5x Leveraged Closed-End Fund Index ETN volatility is 4.18%, 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.