ETRACS 2x Leveraged US Dividend Factor TR ETN (SCDL) Price & Chart
SCDL ETF Chart & Stats
- Day’s Range
- $61.64 - $62.22
- 52-Week Range
- $36.19 - $62.22
- Previous Close
- $61.65
- Volume
- 0
- Average Volume (3M)
- 590
- AUM
- 9.25M
- NAV
- 61.65
- Expense Ratio
- 0.95%
- Holdings Count
- 0
- Beta
- 0.99
- Inception Date
- Feb 04, 2021
- Last Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
- Shares Outstanding
- 150,000
- Standard Deviation
- N/A
ETF Overview
ETRACS 2x Leveraged US Dividend Factor TR ETN
ETRACS 2x Leveraged US Dividend Factor TR ETN (Ticker: SCDL) is a sophisticated investment vehicle designed for income-focused investors seeking amplified exposure to high dividend-yielding equities within the broad U.S. market. This exchange-traded note (ETN) is engineered to deliver twice the monthly performance of the Solactive US Dividend Factor Index, making it an appealing option for those looking to leverage the potential of dividend-generating stocks. Positioned in the High Dividend Yield category, SCDL targets a niche that prioritizes equity selections based on robust dividend factors, aiming to provide investors with enhanced income streams. By employing a 2x leverage strategy, it magnifies the returns of its underlying index, offering a tactical opportunity for seasoned investors to capitalize on the dividends of large-cap U.S. companies while accepting the associated risks of leverage. With its focus on high dividend yield, SCDL not only seeks to maximize income but also offers potential growth in capital, making it a compelling choice for investors aiming to enhance their portfolio's yield component. It's an ideal fit for those who understand the dynamics of leverage and seek to benefit from the predictability and resilience typically associated with dividend-focused investing.