DVYL

ETRACS Monthly Pay 2xLeveraged Dow Jones Select Dividend Index ETN
*Unless otherwise stated, data provided by FactSet.

DVYL Fund Description

DVYL provides monthly 2x exposure to a dividend-weighted index of 100 US companies selected for dividend quality.

DVYL Factset Analytics Insight

DVYL provides 2x levered exposure to the Dow Jones US Select Dividend Index, reset monthly. Unlike most ETNs, DVYL pays a monthly coupon linked to twice the dividend payments of the index components. Like all levered funds, DVYL tends to underperform in a volatile market when held for longer than its monthly leverage reset period. This longer reset period means that DYVL will follow its underlying index more closely over long time periods than a daily-reset product, but the note's effective leverage may vary from the stated 2x during times of high volatility. Unlevered exposure to the same index is available through iShares DVY, and both funds show a bias toward small firms with a track record of steady and increasing dividends. It's a sound take on high-yield equity, if somewhat unusual. DVYL lacks the great liquidity you'd like to see in a geared product, with weak daily volume and wide spreads, but the note can be traded fairly with care.. As an ETN, DVYL carries the credit risk of the issuer, UBS.

DVYL CHARTS AND PERFORMANCE

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 05/20/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
DVYL -5.31% 0.17% 20.91% 3.61% 17.66% 17.27% --
DVYL (NAV) -5.40% 0.04% 19.77% 3.72% 17.43% 17.07% --
Dow Jones US Select Dividend Index -- -- -- -- -- -- --
S&P GSCI -1.14% 4.12% 17.95% -8.05% 3.29% -12.39% -4.29%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

DVYL Summary Data

UBS
ETRACS
05/23/12
Exchange-Traded Note
0.75%
$40.26M
0.31%

DVYL Portfolio Data

8.16%
05/30/19

DVYL Index Data

Dow Jones US Select Dividend Index
Dividends
Dividends
S&P GSCI

DVYL Fund Structure

No
N/A
N/A / N/A
UBS AG (London Branch)
Low
Medium
2
Monthly

DVYL Tax Exposures

20.00% / 39.60%
--
No
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

DVYL Factset Analytics Block Liquidity

As of 05/21/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of DVYL. DVYL is rated a 5 out of 5.

DVYL Tradability

4,653
$318.19K
2,889
$195.24K
0.31%
$0.22
-0.01%
1.01% / -0.97%
Potential
0.00%
50,000
0.06
0.08%
--
--
$66.45
5