IWML ETF Report: Ratings, Analysis, Quotes, Holdings

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*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

Fund Home Page

IWML Portfolio Data

N/A

IWML Index Data

Russell 2000 Index

Market Cap

N/A

IWML Fund Structure

-- / --

UBS AG (London Branch)

Low

High

Leverage Reset Frequency Monthly

IWML Tax Exposures

20.00% / 39.60%

IWML Factset Analytics Block Liquidity

As of 09/24/21

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

0.36%

$0.09

0.01%

1.44% / -1.04%

None

96.00%

50,000

0.00

0.00%

$26.24

N/A

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