ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (HDLB)

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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.

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (HDLB) has returned 17.61% so far this year and 20.54% over the past 12 months.

Based on dividend-adjusted daily data since Oct 25, 2019, HDLB's average daily return is +0.06%, while the average monthly return is +1.30%. At this rate, your investment would double in approximately 4.5 years.

Historically, 60% of months were positive and 40% were negative. The best month was Nov 2020 with a return of +31.1%, while the worst month was Mar 2020 at -59.1%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 4 months.

On a daily basis, HDLB closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +23.4%, while the worst single day was Mar 12, 2020 at -32.6%.

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B has an annualized alpha of -4.66%, beta of 1.42, and R² of 0.44 versus S&P 500 Index. Calculated based on daily prices since October 28, 2019.

• This ETF participated in 165.28% of S&P 500 Index downside but only 160.90% of its upside — more exposed to losses than it benefited from rallies.
• R² of 0.44 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

HDLB has a high expense ratio of 1.65%, indicating above-average management fees.

HDLB ranks 36 for risk / return — below 36% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table 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 (S&P 500 Index).

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B provided a 10.80% dividend yield over the last twelve months, with an annual payout of $1.87 per share.

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.

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.

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. Recovery took 1238 trading sessions.

The current ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B drawdown is 7.94%.

The chart below shows the rolling one-month volatility.