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ETRACS IFED Invest with the Fed TR Index ETN (IFED...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US90278V7689
Issuer
UBS
Inception Date
Sep 14, 2021
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
IFED Large-Cap US Equity Index - Benchmark TR Gross
Distribution Policy
Accumulating
Asset Class
Equity

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in ETRACS 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.


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S&P 500 Index

Returns By Period

ETRACS IFED Invest with the Fed TR Index ETN (IFED) has returned -10.70% so far this year and 5.41% over the past 12 months.


ETRACS IFED Invest with the Fed TR Index ETN

1D
2.06%
1M
-5.98%
YTD
-10.70%
6M
-11.02%
1Y
5.41%
3Y*
14.83%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Sep 15, 2021, IFED's average daily return is +0.05%, while the average monthly return is +1.03%. At this rate, your investment would double in approximately 5.6 years.

Historically, 62% of months were positive and 38% were negative. The best month was Oct 2022 with a return of +12.2%, while the worst month was Jun 2022 at -11.0%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, IFED closed higher 51% of trading days. The best single day was Jul 25, 2024 with a return of +9.0%, while the worst single day was Jul 29, 2024 at -6.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-4.02%-1.04%-5.98%-10.70%
20256.53%-2.01%-6.65%0.81%9.13%4.13%0.42%0.64%2.32%0.35%-1.30%0.60%15.02%
20243.30%4.29%5.62%-4.80%3.77%1.09%0.72%1.50%1.91%0.35%9.81%-5.68%23.04%
20237.25%-2.40%-3.69%0.03%-0.38%7.53%3.79%-1.33%-1.83%-2.93%8.91%5.20%20.78%
20221.27%3.36%4.61%-9.03%2.14%-11.01%10.19%-2.61%-9.36%12.19%6.83%-6.63%-1.46%
2021-1.52%6.40%-1.95%5.56%8.46%

Benchmark Metrics

ETRACS IFED Invest with the Fed TR Index ETN has an annualized alpha of 4.00%, beta of 0.90, and R² of 0.63 versus S&P 500 Index. Calculated based on daily prices since September 16, 2021.

  • This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (99.18%) than losses (88.46%) — typical of diversified or defensive assets.
  • This ETF generated an annualized alpha of 4.00% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
  • With beta of 0.90 and R² of 0.63, this ETF moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

Alpha
4.00%
Beta
0.90
0.63
Upside Capture
99.18%
Downside Capture
88.46%

Expense Ratio

IFED has an expense ratio of 0.45%, placing it in the medium range.


Return for Risk

Risk / Return Rank

IFED ranks 19 for risk / return — in the bottom 19% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


IFED Risk / Return Rank: 1919
Overall Rank
IFED Sharpe Ratio Rank: 1919
Sharpe Ratio Rank
IFED Sortino Ratio Rank: 1818
Sortino Ratio Rank
IFED Omega Ratio Rank: 1919
Omega Ratio Rank
IFED Calmar Ratio Rank: 2020
Calmar Ratio Rank
IFED Martin Ratio Rank: 2020
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for ETRACS IFED Invest with the Fed TR Index ETN (IFED) and compare them to a chosen benchmark (S&P 500 Index).


IFEDBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.29

0.90

-0.61

Sortino ratio

Return per unit of downside risk

0.52

1.39

-0.87

Omega ratio

Gain probability vs. loss probability

1.07

1.21

-0.14

Calmar ratio

Return relative to maximum drawdown

0.39

1.40

-1.01

Martin ratio

Return relative to average drawdown

1.24

6.61

-5.37

Explore IFED risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History


ETRACS IFED Invest with the Fed TR Index ETN doesn't pay dividends

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the ETRACS 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 IFED Invest with the Fed TR Index ETN was 22.36%, occurring on Apr 8, 2025. Recovery took 55 trading sessions.

The current ETRACS IFED Invest with the Fed TR Index ETN drawdown is 12.52%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-22.36%Feb 20, 202534Apr 8, 202555Jun 27, 202589
-22.23%Mar 30, 2022136Oct 12, 2022285Nov 30, 2023421
-14.65%Oct 28, 2025104Mar 27, 2026
-13.69%Jul 29, 20246Aug 5, 202466Nov 6, 202472
-6.72%Dec 9, 202416Dec 31, 202419Jan 30, 202535

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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