ETRACS 2x Leveraged US Value Factor TR ETN (IWDL)
IWDL is a passive ETF by UBS tracking the investment results of the Russell 1000 Value (200%). IWDL launched on Feb 5, 2021 and has a 0.95% expense ratio.
ETF Info
Feb 5, 2021
North America (U.S.)
2x
Russell 1000 Value (200%)
Large-Cap
Value
Expense Ratio
IWDL 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 US Value Factor TR 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 2x Leveraged US Value Factor TR ETN had a return of 37.04% year-to-date (YTD) and 47.68% in the last 12 months.
IWDL
37.04%
10.10%
24.65%
47.68%
N/A
N/A
^GSPC (Benchmark)
26.84%
5.60%
14.34%
32.39%
14.23%
11.32%
Monthly Returns
The table below presents the monthly returns of IWDL, 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 | -0.13% | 6.76% | 8.93% | -8.58% | 5.39% | -2.25% | 9.56% | 4.59% | 2.08% | -2.71% | 12.53% | 37.04% | |
| 2023 | 9.15% | -7.07% | -2.05% | 2.63% | -8.27% | 13.43% | 5.99% | -5.74% | -8.48% | -7.77% | 15.03% | 10.28% | 13.50% |
| 2022 | -5.07% | -2.77% | 6.31% | -12.04% | 4.03% | -19.12% | 13.28% | -5.71% | -17.60% | 20.16% | 10.63% | -7.33% | -21.27% |
| 2021 | 2.49% | 11.19% | 7.09% | 4.54% | -2.42% | 1.26% | 3.89% | -6.78% | 10.02% | -7.14% | 12.52% | 40.35% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of IWDL is 68, 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 2x Leveraged US Value Factor TR ETN (IWDL) 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 US Value Factor TR 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 US Value Factor TR ETN was 37.95%, occurring on Sep 30, 2022. Recovery took 374 trading sessions.
The current ETRACS 2x Leveraged US Value Factor TR ETN drawdown is 2.16%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -37.95% | Jan 13, 2022 | 180 | Sep 30, 2022 | 374 | Mar 28, 2024 | 554 |
| -11.09% | Nov 9, 2021 | 16 | Dec 1, 2021 | 17 | Dec 27, 2021 | 33 |
| -10.69% | Apr 1, 2024 | 14 | Apr 18, 2024 | 60 | Jul 16, 2024 | 74 |
| -9.93% | Aug 1, 2024 | 3 | Aug 5, 2024 | 12 | Aug 21, 2024 | 15 |
| -9.18% | Jun 7, 2021 | 30 | Jul 19, 2021 | 17 | Aug 11, 2021 | 47 |
Volatility
Volatility Chart
The current ETRACS 2x Leveraged US Value Factor TR ETN volatility is 7.34%, 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.