IWDL Stock Price, Chart, Stats & News

ETRACS 2x Leveraged US Value Factor TR ETN
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Trading--Leveraged Equity
Category
0.95%
Expense ratio
6.21M
Assets
49.10%
1Y return
IWDL chart
1M
3M
1Y
5Y
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IWDL returns
| YTD | 22.14% |
| 1Y | 49.10% |
| 3Y | 28.33% |
| 5Y | 13.06% |
| 10Y | 0.00% |
| 1Y volatility | 21.29% |
| 3Y volatility | 25.99% |
| Sharpe ratio | 1.02 |
About
IWDL is an Exchange Traded Note (ETN) designed to provide investors with double the leveraged exposure to the value segment within the US large-cap equity market. Its performance is tied to the total return variant of the Russell 1000 Value index, which is composed of firms characterized by lower price-to-book ratios and more modest growth projections. This instrument recalibrates its leverage quarterly.
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