ETRACS 2x Leveraged US Size Factor TR ETN (IWML) Alternatives
ETRACS 2x Leveraged US Size Factor TR ETN (IWML) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with IWML. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to IWML
IWML charges 0.95% annually. Among ETFs in the Leveraged Equities category, these options have the lowest expense ratios among IWML alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | Sep 14, 2021 | IWML vs IFED | |
| Direxion Daily S&P 500 Bull 2x Shares | 0.64% | May 28, 2014 | IWML vs SPUU | |
| Leverage Shares 2X Long NVDA Daily ETF | 0.75% | Dec 12, 2024 | IWML vs NVDG | |
| Leverage Shares 2X Long AMD Daily ETF | 0.75% | Jan 24, 2025 | IWML vs AMDG | |
| Leverage Shares 2X Long TSLA Daily ETF | 0.75% | Dec 12, 2024 | IWML vs TSLG |
Best Risk-Adjusted Alternatives to IWML
Among ETFs in the Leveraged Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Direxion Daily South Korea Bull 3X Shares | 98 | Apr 10, 2013 | IWML vs KORU | |
| Direxion Daily MU Bull 2X Shares | 98 | Oct 9, 2024 | IWML vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | Nov 11, 2024 | IWML vs MULL | |
| Direxion Daily GOOGL Bull 2X Shares | 96 | Sep 6, 2022 | IWML vs GGLL | |
| Direxion Daily TSM Bull 2X Shares | 96 | Oct 3, 2024 | IWML vs TSMX |
Top Performing IWML Alternatives (YTD)
IWML alternatives from the Leveraged Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| MicroSectors U.S. Big Oil Index 3X Leveraged ETN | 168.34% | Apr 9, 2019 | IWML vs NRGU | |
| MicroSectors Energy 3X Leveraged ETN | 141.86% | Feb 16, 2023 | IWML vs WTIU | |
| Leverage Shares 2X Long TER Daily ETF | 102.79% | Nov 17, 2025 | IWML vs TERG | |
| Direxion Daily S&P Oil & Gas Exploration & Product... | 102.61% | Apr 1, 2020 | IWML vs GUSH | |
| ProShares Ultra Oil & Gas | 85.56% | Jan 30, 2007 | IWML vs DIG |
Lowest Volatility Alternatives to IWML
IWML alternatives from the Leveraged Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 14.33% | Apr 1, 2021 | IWML vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 16.31% | Apr 1, 2021 | IWML vs QTAP | |
| Roundhill BRKB WeeklyPay ETF | 17.95% | Jun 17, 2025 | IWML vs BRKW | |
| Innovator US Equity Accelerated ETF | 17.99% | Apr 1, 2021 | IWML vs XDSQ | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 18.18% | Jul 1, 2021 | IWML vs XTJL |
Lowest Drawdown Alternatives to IWML
IWML alternatives from the Leveraged Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -11.83% | Apr 1, 2021 | IWML vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -12.04% | Apr 1, 2021 | IWML vs QTAP | |
| Innovator US Equity Accelerated ETF | -12.18% | Apr 1, 2021 | IWML vs XDSQ | |
| Innovator Growth Accelerated ETF - Quarterly | -12.64% | Apr 1, 2021 | IWML vs XDQQ | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -13.81% | Jul 1, 2021 | IWML vs XTJL |
Other ETFs from UBS
Most popular UBS ETFs on PortfoliosLab, across asset classes.
Often Compared With IWML
What investors most often compare with IWML, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| iShares Russell 2000 ETF | Small Cap Blend Equities | 69 | 0.93% | May 22, 2000 | IWML vs IWM | |
| iShares Russell 2000 BuyWrite ETF | Small Cap Blend Equities | 46 | -0.04% | Mar 14, 2024 | IWML vs IWMW | |
| Berkshire Hathaway Inc. | 20 | -4.67% | — | IWML vs BRK-B | ||
| iShares MSCI USA Small-Cap Multifactor ETF | Small Cap Blend Equities | 63 | 1.08% | Apr 28, 2015 | IWML vs SMLF | |
| Global X NASDAQ 100 Covered Call ETF | Derivative Income | 72 | 0.02% | Dec 12, 2013 | IWML vs QYLD | |
| ProShares Ultra QQQ | Leveraged Equities, Leveraged | 57 | -13.35% | Jun 21, 2006 | IWML vs QLD | |
| Defiance Quantum ETF | Technology Equities | 85 | -1.95% | Sep 5, 2018 | IWML vs QTUM | |
| JPMorgan Equity Premium Income ETF | Actively Managed, Dividend, Derivative Income | 39 | 0.20% | May 20, 2020 | IWML vs JEPI | |
| State Street SPDR Portfolio S&P 500 Growth ETF | S&P 500, Large Cap Growth Equities | 66 | -8.12% | Sep 25, 2000 | IWML vs SPYG | |
| YieldMax NVDA Option Income Strategy ETF | Options Trading | 87 | -1.61% | May 10, 2023 | IWML vs NVDY | |
| GraniteShares 2x Long NVDA Daily ETF | Leveraged Equities | 71 | -17.54% | Dec 13, 2022 | IWML vs NVDL |
Compare IWML with Any Fund or Stock
Compare IWML with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.