SDYL

ETRACS Monthly Pay 2xLeveraged S&P Dividend ETN
*Unless otherwise stated, data provided by FactSet.

SDYL Fund Description

SDYL provides monthly 2x exposure to a dividend-weighted index of equities from the S&P Composite 1500 Index. Eligible companies have increased dividends every year for at least 25 years.

SDYL Factset Analytics Insight

SDYL provides 2x exposure to the S&P High Yield Dividend Aristocrats Index, reset monthly. Unlike most ETNs, SDYL pays a monthly coupon linked to twice the dividend payments of the index components. Like all levered funds, SDYL will tend to underperform its stated multiple in a volatile market when held for longer than its monthly leverage reset period. This longer reset period means that SDYL 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 SSgA’s SDY. SDYL can be tough to trade fairly at the retail level. Spreads are reasonable, but low volume suggests a shallow order book. Be sure to use limit orders. Liquidity is better at the institutional level. Structured as an ETN, SDYL carries the credit risk of its issuer, UBS. SDYL has few assets, so there’s a high risk that the issuer will call the notes or cease creations before maturity.

SDYL Charts And Performance

  • 1 Month
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  • 1 Year
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Select ETFs to compare their performance:
PERFORMANCE [as of 09/19/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SDYL 9.57% 4.75% 32.64% 7.26% 20.22% 19.64% --
SDYL (NAV) 7.42% 4.04% 31.38% 7.35% 19.63% 19.60% --
S&P High Yield Dividend Aristocrats Index 3.86% 2.52% 16.86% 6.76% 11.55% 11.18% --
S&P GSCI 4.90% 3.46% 12.55% -10.59% 4.26% -11.39% -5.22%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SDYL Summary Data

UBS
ETRACS
05/23/12
Exchange-Traded Note
0.70%
$16.19M
0.33%

SDYL Portfolio Data

5.36%
07/11/19

SDYL Index Data

Dividends
Dividends
S&P GSCI

SDYL Fund Structure

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

SDYL Tax Exposures

20.00% / 39.60%
--
No
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

SDYL Factset Analytics Block Liquidity

As of 09/20/19
5
4
3
2
1

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

SDYL Tradability

1,648
$155.71K
1,020
$94.04K
0.33%
$0.29
-0.05%
2.15% / -4.59%
Potential
0.00%
50,000
0.02
0.00%
--
0
$92.21
N/A