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ETRACS 2x Leveraged US Growth Factor TR ETN (IWFL)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

Issuer

UBS

Inception Date

Feb 5, 2021

Region

North America (U.S.)

Leveraged

2x

Index Tracked

Russell 1000 Growth (200%)

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Growth

Expense Ratio

IWFL has a high expense ratio of 0.95%, indicating above-average management fees.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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S&P 500

Returns By Period

ETRACS 2x Leveraged US Growth Factor TR ETN (IWFL) returned -11.07% year-to-date (YTD) and 17.27% over the past 12 months.


IWFL

YTD

-11.07%

1M

16.78%

6M

-10.20%

1Y

17.27%

3Y*

25.86%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

0.51%

1M

6.15%

6M

-2.00%

1Y

12.92%

3Y*

12.68%

5Y*

14.19%

10Y*

10.85%

*Annualized

Monthly Returns

The table below presents the monthly returns of IWFL, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20253.38%-7.80%-17.61%-3.02%16.78%-11.07%
20244.52%12.92%2.69%-8.63%10.94%13.34%-5.58%4.26%4.88%-0.74%12.36%0.98%61.94%
202316.13%-2.26%12.67%1.22%8.57%12.47%5.66%-2.05%-11.57%-3.36%22.26%7.92%84.46%
2022-16.56%-9.35%9.43%-24.77%-5.21%-20.26%24.52%-8.62%-19.07%10.56%7.62%-14.12%-55.70%
2021-8.89%3.41%13.62%-2.77%12.44%6.09%7.32%-11.07%17.57%1.09%3.70%46.03%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of IWFL is 35, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of IWFL is 3535
Overall Rank
The Sharpe Ratio Rank of IWFL is 2727
Sharpe Ratio Rank
The Sortino Ratio Rank of IWFL is 4242
Sortino Ratio Rank
The Omega Ratio Rank of IWFL is 4545
Omega Ratio Rank
The Calmar Ratio Rank of IWFL is 3333
Calmar Ratio Rank
The Martin Ratio Rank of IWFL is 3030
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for ETRACS 2x Leveraged US Growth Factor TR ETN (IWFL) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

ETRACS 2x Leveraged US Growth Factor TR ETN Sharpe ratios as of May 31, 2025 (values are recalculated daily):

  • 1-Year: 0.27
  • All Time: 0.27

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of ETRACS 2x Leveraged US Growth Factor TR ETN compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History


ETRACS 2x Leveraged US Growth Factor TR 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 2x Leveraged US Growth 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 Growth Factor TR ETN was 59.29%, occurring on Oct 14, 2022. Recovery took 401 trading sessions.

The current ETRACS 2x Leveraged US Growth Factor TR ETN drawdown is 17.75%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-59.29%Dec 28, 2021202Oct 14, 2022401May 21, 2024603
-46.84%Dec 17, 202476Apr 8, 2025
-27.1%Jul 11, 202418Aug 5, 202460Oct 29, 202478
-18.97%Feb 16, 202115Mar 8, 202123Apr 9, 202138
-14.07%Sep 8, 202119Oct 4, 202116Oct 26, 202135
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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