ETRACS 2x Leveraged MSCI US Quality Factor TR ETN (QULL)
QULL is a passive ETF by UBS tracking the investment results of the MSCI USA Sector Neutral Quality Index. QULL launched on Feb 5, 2021 and has a 0.95% expense ratio.
ETF Info
Feb 5, 2021
North America (U.S.)
2x
MSCI USA Sector Neutral Quality Index
Expense Ratio
QULL has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
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
The chart shows the growth of an initial investment of $10,000 in ETRACS 2x Leveraged MSCI US Quality 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 MSCI US Quality Factor TR ETN had a return of 40.56% year-to-date (YTD) and 40.92% in the last 12 months.
QULL
40.56%
-1.58%
6.30%
40.92%
N/A
N/A
^GSPC (Benchmark)
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
Monthly Returns
The table below presents the monthly returns of QULL, 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 | 4.10% | 12.34% | 4.42% | -8.99% | 10.34% | 6.08% | 0.43% | 6.39% | 1.74% | -3.22% | 9.33% | 40.56% | |
| 2023 | 13.04% | -5.32% | 8.83% | 2.77% | 0.84% | 12.44% | 6.58% | -1.26% | -10.71% | -3.46% | 17.25% | 8.80% | 57.07% |
| 2022 | -13.35% | -9.04% | 8.77% | -16.80% | -0.52% | -20.15% | 19.08% | -9.71% | -19.78% | 15.94% | 13.78% | -10.02% | -42.00% |
| 2021 | -1.79% | 8.98% | 9.11% | 2.14% | 6.42% | 6.31% | 5.60% | -12.33% | 15.27% | -1.36% | 6.56% | 51.37% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of QULL is 73, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for ETRACS 2x Leveraged MSCI US Quality Factor TR ETN (QULL) 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 MSCI US Quality 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 MSCI US Quality Factor TR ETN was 51.83%, occurring on Oct 14, 2022. Recovery took 329 trading sessions.
The current ETRACS 2x Leveraged MSCI US Quality Factor TR ETN drawdown is 7.52%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -51.83% | Dec 30, 2021 | 200 | Oct 14, 2022 | 329 | Feb 7, 2024 | 529 |
| -15.88% | Jul 17, 2024 | 14 | Aug 5, 2024 | 12 | Aug 21, 2024 | 26 |
| -14.53% | Aug 31, 2021 | 24 | Oct 4, 2021 | 19 | Oct 29, 2021 | 43 |
| -12.97% | Mar 22, 2024 | 20 | Apr 19, 2024 | 18 | May 15, 2024 | 38 |
| -8.6% | Dec 5, 2024 | 10 | Dec 18, 2024 | — | — | — |
Volatility
Volatility Chart
The current ETRACS 2x Leveraged MSCI US Quality Factor TR ETN volatility is 6.37%, 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.