ETRACS 2x Leveraged US Value Factor TR ETN (IWDL) Price & Chart
IWDL ETF Chart & Stats
- Day’s Range
- $70.24 - $70.25
- 52-Week Range
- $43.23 - $70.29
- Previous Close
- $70.25
- Volume
- 0
- Average Volume (3M)
- 1,638
- AUM
- 7.02M
- NAV
- 70.25
- Expense Ratio
- 0.95%
- Holdings Count
- 0
- Beta
- 1.52
- Inception Date
- Feb 05, 2021
- Last Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
- Shares Outstanding
- 100,000
- Standard Deviation
- N/A
ETF Overview
ETRACS 2x Leveraged US Value Factor TR ETN
The ETRACS 2x Leveraged US Value Factor TR ETN, trading under the ticker IWDL, is a dynamic exchange-traded note designed for investors seeking amplified exposure to the U.S. large-cap value segment. This innovative financial instrument focuses on a Size and Style category, specifically targeting Large Cap stocks within the Value niche. By employing a 2x leverage strategy, IWDL aims to deliver twice the daily performance of its underlying value factor index, making it an ideal choice for those who are bullish on the sustained growth potential of undervalued large-cap companies. Investors are drawn to this ETN for its ability to capitalize on market inefficiencies by investing in established corporations trading below their intrinsic value, providing a strategic opportunity for enhanced returns. With IWDL, sophisticated investors can access a powerful tool designed to amplify gains in a targeted segment of the equity market, while benefiting from the diversification and liquidity inherent in exchange-traded products.