LD
iPath Bloomberg Lead Subindex Total Return ETNLD Fund Description
LD tracks an index that consists of one futures contract on tin, rolled over every other month.
LD Factset Analytics Insight
LD tracks an index that provides exposure to lead by holding a single contract at a time, starting two months from maturity and rolled over shortly before expiration. This practice serves as a decent proxy for spot tin prices; however, LD suffers from extremely poor liquidity and massive bid/ask spreads making it incredibly difficult and costly to trade. Months have gone by without a single share changing hands. Unfortunately, LD’s sister fund, LEDD, is more expensive and just as illiquid. The note is at high risk of closure due to small AUM and minimal trading volume (ETN’s rarely close outright, but may be delisted by the issuer).
LD Charts And Performance
-
1 Month
-
3 Months
-
YTD
-
1 Year
-
3 Years
-
5 Years
-
Max
-
1 Month
-
3 Months
-
YTD
-
1 Year
-
3 Years
-
5 Years
-
Max
-
LD Summary Data
LD Portfolio Data
LD Index Data
LD Portfolio Management
LD Tax Exposures
LD Fund Structure
LD Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of LD. LD is rated a 5 out of 5.
LD Tradability
LD Sector Breakdown
LD
LD Tenor Strategy
LD tracks an index of a single contract starting two months from maturity and held until shortly before expiration.
LD Rolling Strategy
LD rolls contracts between the 6th and 10th business day of pre-determined roll months.
LD Performance Statistics
The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional.
ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com.
[ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
Data provider:
Terms of Use