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ETRACS 2xMonthly Pay Leveraged Preferred Stock Ind...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US90274E1745
CUSIP
90274E174
Issuer
UBS
Inception Date
Sep 25, 2018
Category
Leveraged
Leveraged
2x
Index Tracked
Solactive Preferred Stock ETF Index (+200%)
Distribution Policy
Distributing
Asset Class
Multi-Asset

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in ETRACS 2xMonthly Pay Leveraged Preferred Stock 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 2xMonthly Pay Leveraged Preferred Stock Index ETN (PFFL) has returned -4.36% so far this year and 0.89% over the past 12 months.


ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN

1D
0.68%
1M
-7.39%
YTD
-4.36%
6M
-7.76%
1Y
0.89%
3Y*
2.13%
5Y*
-6.10%
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 26, 2018, PFFL's average daily return is +0.04%, while the average monthly return is -0.06%.

Historically, 55% of months were positive and 45% were negative. The best month was Jan 2023 with a return of +22.7%, while the worst month was Mar 2020 at -39.5%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 4 months.

On a daily basis, PFFL closed higher 53% of trading days. The best single day was Mar 19, 2020 with a return of +117.0%, while the worst single day was Mar 18, 2020 at -69.0%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20263.74%-0.45%-7.39%-4.36%
20251.89%1.66%-6.49%-2.77%-0.20%3.37%3.80%4.27%0.76%-2.16%-1.56%0.14%2.18%
20245.69%1.32%0.54%-8.32%4.96%-0.47%1.10%6.62%5.52%-2.93%-1.05%-6.98%4.77%
202322.69%-5.53%-9.90%2.46%-5.57%3.01%1.88%-3.19%-3.58%-10.72%16.63%5.42%8.65%
2022-8.58%-7.08%-0.39%-13.88%6.13%-9.02%12.32%-9.72%-7.70%-8.68%10.56%-8.48%-39.15%
2021-4.37%-2.28%5.94%2.04%1.22%3.42%0.23%-0.05%-1.35%2.43%-4.93%5.66%7.52%

Benchmark Metrics

ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN has an annualized alpha of -1.26%, beta of 0.92, and R² of 0.11 versus S&P 500 Index. Calculated based on daily prices since September 27, 2018.

  • This ETF participated in 128.73% of S&P 500 Index downside but only 71.09% of its upside — more exposed to losses than it benefited from rallies.
  • R² of 0.11 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
-1.26%
Beta
0.92
0.11
Upside Capture
71.09%
Downside Capture
128.73%

Expense Ratio

PFFL has an expense ratio of 0.85%, placing it in the medium range.


Return for Risk

Risk / Return Rank

PFFL ranks 12 for risk / return — in the bottom 12% 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.


PFFL Risk / Return Rank: 1212
Overall Rank
PFFL Sharpe Ratio Rank: 1212
Sharpe Ratio Rank
PFFL Sortino Ratio Rank: 1212
Sortino Ratio Rank
PFFL Omega Ratio Rank: 1212
Omega Ratio Rank
PFFL Calmar Ratio Rank: 1212
Calmar Ratio Rank
PFFL Martin Ratio Rank: 1212
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 2xMonthly Pay Leveraged Preferred Stock Index ETN (PFFL) and compare them to a chosen benchmark (S&P 500 Index).


PFFLBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.05

0.90

-0.85

Sortino ratio

Return per unit of downside risk

0.20

1.39

-1.19

Omega ratio

Gain probability vs. loss probability

1.03

1.21

-0.18

Calmar ratio

Return relative to maximum drawdown

-0.01

1.40

-1.41

Martin ratio

Return relative to average drawdown

-0.02

6.61

-6.62

Explore PFFL 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 2xMonthly Pay Leveraged Preferred Stock Index ETN provided a 13.68% dividend yield over the last twelve months, with an annual payout of $1.05 per share.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%$0.00$0.50$1.00$1.50$2.00$2.50$3.0020182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018
Dividend$1.05$1.09$1.26$1.36$1.45$1.68$1.89$2.84$0.44

Dividend yield

13.68%13.27%13.76%13.71%13.90%8.82%9.75%11.21%2.02%

Monthly Dividends

The table displays the monthly dividend distributions for ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.06$0.05$0.10$0.20
2025$0.10$0.05$0.09$0.09$0.09$0.09$0.08$0.09$0.13$0.04$0.10$0.14$1.09
2024$0.17$0.05$0.10$0.15$0.05$0.09$0.14$0.05$0.10$0.10$0.11$0.15$1.26
2023$0.21$0.05$0.13$0.13$0.18$0.05$0.11$0.10$0.10$0.15$0.06$0.10$1.36
2022$0.19$0.07$0.12$0.12$0.17$0.06$0.12$0.18$0.06$0.12$0.12$0.11$1.45
2021$0.11$0.15$0.15$0.07$0.15$0.23$0.08$0.15$0.15$0.15$0.21$0.07$1.68

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 2xMonthly Pay Leveraged Preferred Stock 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 2xMonthly Pay Leveraged Preferred Stock Index ETN was 80.68%, occurring on Mar 18, 2020. The portfolio has not yet recovered.

The current ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN drawdown is 41.08%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-80.68%Feb 13, 202024Mar 18, 2020
-15.16%Oct 1, 201859Dec 24, 201836Feb 15, 201995
-3.83%Oct 24, 201927Dec 2, 201914Dec 20, 201941
-2.98%Sep 9, 20195Sep 13, 20196Sep 23, 201911
-1.75%Apr 8, 201925May 13, 20193May 16, 201928

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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