ETRACS 2x Leveraged IFED Invest with the Fed TR Index ETN (FEDL)
FEDL is a passive ETF by UBS tracking the investment results of the IFED Large-Cap US Equity Index - Benchmark TR Gross (200%). FEDL launched on Sep 14, 2021 and has a 0.95% expense ratio.
ETF Info
Sep 14, 2021
North America (U.S.)
1x
IFED Large-Cap US Equity Index - Benchmark TR Gross (200%)
Expense Ratio
FEDL has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ETRACS 2x Leveraged IFED Invest with the Fed TR 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
FEDL
N/A
N/A
N/A
N/A
N/A
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^GSPC (Benchmark)
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
Monthly Returns
The table below presents the monthly returns of FEDL, 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 | 5.98% | 7.96% | 10.03% | -9.58% | 7.11% | 1.65% | 0.69% | 2.27% | 3.79% | -0.11% | 19.27% | 59.56% | |
| 2023 | 13.61% | -5.07% | -8.02% | -0.42% | -1.40% | 14.98% | 6.91% | -3.28% | -4.16% | -6.45% | 17.93% | 9.45% | 34.02% |
| 2022 | 1.40% | 7.04% | 8.70% | -17.40% | 4.23% | -23.35% | 20.23% | -5.22% | -17.90% | 23.73% | 11.86% | -11.78% | -11.06% |
| 2021 | 0.14% | 12.61% | -3.82% | 10.79% | 20.16% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 86, FEDL is among the top 14% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for ETRACS 2x Leveraged IFED Invest with the Fed TR Index ETN (FEDL) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
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 2x Leveraged IFED Invest with the Fed TR 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 2x Leveraged IFED Invest with the Fed TR Index ETN was 42.44%, occurring on Oct 12, 2022. Recovery took 322 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -42.44% | Mar 30, 2022 | 136 | Oct 12, 2022 | 322 | Jan 25, 2024 | 458 |
| -20.48% | Jul 17, 2024 | 14 | Aug 5, 2024 | 47 | Oct 10, 2024 | 61 |
| -13.13% | Jan 18, 2022 | 4 | Jan 21, 2022 | 12 | Feb 8, 2022 | 16 |
| -11.91% | Feb 10, 2022 | 9 | Feb 23, 2022 | 16 | Mar 17, 2022 | 25 |
| -11.48% | Apr 2, 2024 | 14 | Apr 19, 2024 | 18 | May 15, 2024 | 32 |
Volatility
Volatility Chart
The current ETRACS 2x Leveraged IFED Invest with the Fed TR Index ETN volatility is 5.48%, 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.