IWDLETRACS 2x Leveraged US Value Factor TR ETN
IWDL Fund Description
IWDL provides 2x leveraged exposure to the compounded quarterly performance of a US large-cap index emphasizing value.
IWDL Factset Analytics Insight
IWDL aims to provide 2x leveraged exposure to the US large-cap equity segment deemed more value-oriented relative to the overall market. It is based on the total return version of the Russell 1000 Value index, which includes firms that have lower price-to-book ratios and lower forecasted growth values. The fund also resets its leverage quarterly. As a levered product, IWDL is not a buy-and hold investment and should not be expected to provide index leverage returns greater than a one-day period. Keep in mind this is an exchange-traded note, as such, investors also assume the credit risk of UBS.
IWDL Portfolio Data
IWDL Index Data
IWDL Fund Structure
IWDL Tax Exposures
IWDL Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of IWDL. IWDL is rated a N/A out of 5.