IWML

ETRACS 2x Leveraged U.S. Size Factor TR ETN
*Unless otherwise stated, data provided by FactSet.

IWML Fund Description

IWML provides 2x leveraged exposure to a market-cap-weighted index of US small-cap companies.

IWML Factset Analytics Insight

As a levered product, IWML is not a buy-and-hold ETN, it's a short-term tactical instrument designed to provide 2x exposure to the Russell 2000. The underlying index consists primarily of small-caps, but also drifts into midcaps and heavily into micro-caps, overall representing approximately 10% of the total market. Like many levered funds, IWML delivers 2x exposure only for one day. The fund also resets its leverage quarterly. Keep in mind this is an exchange-traded note, as such, investors also assume the credit risk of UBS. Index reconstitution is done annually.

PERFORMANCE [as of 09/23/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
IWML 4.60% -6.85% -- -- -- -- --
IWML (NAV) 4.59% -3.91% -- -- -- -- --
Russell 2000 Index 2.39% -1.69% 15.15% 57.22% 11.10% 13.97% 14.79%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

IWML Summary Data

UBS
ETRACS
02/04/21
Exchange-Traded Note
0.95%
$25.32M
0.36%
N/A

IWML Portfolio Data

--
N/A

IWML Index Data

Russell 2000 Index
Market Cap
Market Cap
N/A

IWML Fund Structure

No
No
-- / --
UBS AG (London Branch)
Low
High
2
Monthly

IWML Tax Exposures

20.00% / 39.60%
--
No

IWML Factset Analytics Block Liquidity

As of 09/24/21
5
4
3
2
1

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

IWML Tradability

658
$16.48K
8
0
0.36%
$0.09
0.01%
1.44% / -1.04%
None
96.00%
50,000
0.00
0.00%
--
0
$26.24
N/A