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
| Issuer | UBS |
|---|---|
| Inception Date | Feb 5, 2021 |
| Region | North America (U.S.) |
| Category | Leveraged Equities, Leveraged |
| Leveraged | 2x |
| Index Tracked | Russell 1000 Value (200%) |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
The ETRACS 2x Leveraged US Value Factor TR ETN has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: IWDL vs. SWRD.L, IWDL vs. SWRD.AS, IWDL vs. UPRO
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 8.17% year-to-date (YTD) and 26.92% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 8.17% | 5.84% |
| 1 month | -3.41% | -2.98% |
| 6 months | 38.40% | 22.02% |
| 1 year | 26.92% | 24.47% |
| 5 years (annualized) | N/A | 11.44% |
| 10 years (annualized) | N/A | 10.46% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.13% | 6.76% | 8.93% | |||||||||
| 2023 | -8.48% | -7.77% | 15.03% | 10.28% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
ETRACS 2x Leveraged US Value Factor TR ETN(IWDL)
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.
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 6.86%.
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 | — | — | — |
| -9.18% | Jun 7, 2021 | 30 | Jul 19, 2021 | 17 | Aug 11, 2021 | 47 |
| -8.54% | Sep 3, 2021 | 12 | Sep 21, 2021 | 20 | Oct 19, 2021 | 32 |
Volatility
Volatility Chart
The current ETRACS 2x Leveraged US Value Factor TR ETN volatility is 6.76%, 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.