Etracs 2x Leveraged Etf Profile
| IWFL Etf | USD 46.67 1.06 2.22% |
PerformanceWeak
| Odds Of DistressLow
|
ETRACS 2x is selling for 46.67 as of the 26th of February 2025. This is a 2.22% down since the beginning of the trading day. The etf's lowest day price was 46.5. ETRACS 2x has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. The performance scores are derived for the period starting the 27th of January 2025 and ending today, the 26th of February 2025. Click here to learn more.
The investment seeks to provide a 2 times leveraged return linked to the compounded quarterly performance of the Russell 1000 Growth Index. Etracs 2X is traded on NYSEARCA Exchange in the United States. More on ETRACS 2x Leveraged
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ETRACS Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Large Cap ETFs, Size And Style ETFs, Trading--Leveraged Equity, UBS (View all Sectors) |
| Issuer | UBS |
| Inception Date | 2021-02-05 |
| Benchmark | Russell 1000 Growth TR USD |
| Entity Type | Exchange-Traded Note |
| Asset Under Management | 15.29 Million |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Large Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Advisor | UBS AG |
| Exchange | NYSE Arca, Inc. |
| Market Maker | IMC |
| Total Expense | 0.95 |
| Management Fee | 0.95 |
| Country Name | USA |
| Returns Y T D | (1.26) |
| Name | ETRACS 2x Leveraged US Growth Factor TR ETN |
| Currency Code | USD |
| Open Figi | BBG00Z5LDJ31 |
| In Threey Volatility | 39.86 |
| 1y Volatility | 25.11 |
| 200 Day M A | 43.6128 |
| 50 Day M A | 50.0952 |
| Code | IWFL |
| Updated At | 25th of February 2025 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.51 |
| Type | ETF |
ETRACS 2x Leveraged [IWFL] is traded in USA and was established 2021-02-05. The fund is listed under Trading--Leveraged Equity category and is part of UBS family. The entity is thematically classified as Large Cap ETFs. ETRACS 2x Leveraged currently have 19.5 M in assets under management (AUM). , while the total return for the last 3 years was 21.5%.
Check ETRACS 2x Probability Of Bankruptcy
ETRACS 2x Leveraged Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ETRACS 2x. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0106 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0) |
ETRACS 2x Against Markets
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The market value of ETRACS 2x Leveraged is measured differently than its book value, which is the value of ETRACS that is recorded on the company's balance sheet. Investors also form their own opinion of ETRACS 2x's value that differs from its market value or its book value, called intrinsic value, which is ETRACS 2x's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ETRACS 2x's market value can be influenced by many factors that don't directly affect ETRACS 2x's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ETRACS 2x's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS 2x is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRACS 2x's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.