ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (HDLB)
HDLB is a passive ETF by UBS tracking the investment results of the Solactive US High Dividend Low Volatility (USD)(TR) (200%). HDLB launched on Oct 24, 2019 and has a 1.65% expense ratio.
ETF Info
Oct 24, 2019
2x
Solactive US High Dividend Low Volatility (USD)(TR) (200%)
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B, 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 2xLeveraged US High Dividend Low Volatility ETN Series B had a return of 42.08% year-to-date (YTD) and 59.48% in the last 12 months.
HDLB
42.08%
0.50%
30.30%
59.48%
0.91%
N/A
^GSPC (Benchmark)
24.05%
0.89%
11.19%
30.12%
13.82%
11.14%
Monthly Returns
The table below presents the monthly returns of HDLB, 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 | -1.62% | 1.63% | 10.02% | -8.13% | 6.04% | -0.23% | 13.36% | 7.97% | 4.08% | 1.19% | 42.08% | ||
| 2023 | 10.65% | -10.11% | -5.62% | -0.16% | -14.29% | 10.31% | 3.47% | -4.20% | -9.34% | -4.12% | 17.53% | 6.84% | -4.13% |
| 2022 | -0.47% | -4.42% | 7.48% | -3.00% | 12.05% | -15.52% | 6.66% | -7.06% | -22.72% | 21.72% | 11.02% | -7.74% | -10.33% |
| 2021 | 7.22% | 5.91% | 14.05% | 7.87% | 1.37% | -0.92% | 2.67% | 3.63% | -8.60% | 1.40% | -0.96% | 18.70% | 62.65% |
| 2020 | -3.62% | -20.39% | -59.11% | 28.27% | 3.25% | 1.62% | 1.01% | 2.20% | -11.84% | -8.45% | 31.11% | 6.39% | -50.93% |
| 2019 | -1.21% | 1.78% | 7.34% | 7.93% |
Expense Ratio
HDLB has a high expense ratio of 1.65%, indicating higher-than-average management fees.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of HDLB is 70, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (HDLB) 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 2xLeveraged US High Dividend Low Volatility ETN Series B provided a 8.94% dividend yield over the last twelve months, with an annual payout of $1.34 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $1.34 | $1.43 | $1.67 | $1.37 | $1.86 | $0.26 |
Dividend yield | 8.94% | 12.36% | 12.28% | 8.07% | 16.24% | 0.97% |
Monthly Dividends
The table displays the monthly dividend distributions for ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B. 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 | $0.10 | $0.14 | $0.04 | $0.15 | $0.12 | $0.05 | $0.16 | $0.12 | $0.09 | $0.13 | $0.11 | $1.20 | |
| 2023 | $0.14 | $0.11 | $0.13 | $0.14 | $0.12 | $0.09 | $0.14 | $0.14 | $0.07 | $0.13 | $0.10 | $0.13 | $1.43 |
| 2022 | $0.11 | $0.16 | $0.10 | $0.16 | $0.19 | $0.09 | $0.19 | $0.12 | $0.12 | $0.21 | $0.09 | $0.13 | $1.67 |
| 2021 | $0.08 | $0.10 | $0.11 | $0.10 | $0.13 | $0.12 | $0.12 | $0.17 | $0.07 | $0.14 | $0.13 | $0.11 | $1.37 |
| 2020 | $0.44 | $0.16 | $0.28 | $0.15 | $0.07 | $0.15 | $0.09 | $0.07 | $0.16 | $0.08 | $0.07 | $0.15 | $1.86 |
| 2019 | $0.07 | $0.19 | $0.26 |
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 2xLeveraged US High Dividend Low Volatility ETN Series B. 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 2xLeveraged US High Dividend Low Volatility ETN Series B was 78.70%, occurring on Mar 23, 2020. The portfolio has not yet recovered.
The current ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B drawdown is 5.38%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -78.7% | Feb 21, 2020 | 22 | Mar 23, 2020 | — | — | — |
| -5.29% | Jan 21, 2020 | 10 | Feb 3, 2020 | 8 | Feb 13, 2020 | 18 |
| -2.59% | Nov 5, 2019 | 6 | Nov 12, 2019 | 17 | Dec 6, 2019 | 23 |
| -1.95% | Jan 2, 2020 | 1 | Jan 2, 2020 | 9 | Jan 15, 2020 | 10 |
| -1.73% | Dec 10, 2019 | 3 | Dec 12, 2019 | 4 | Dec 18, 2019 | 7 |
Volatility
Volatility Chart
The current ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B volatility is 5.79%, 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.