IFED ETN — ETRACS IFED Invest with the Fed TR Index ETN

ETRACS IFED Invest with the Fed TR Index ETN (IFED)

Updated October 2, 2026.

IFED is an ETN. its expense ratio is 0.45%. Total return is 83.1% over the past 5 years, 1.2 points behind SPY at 84.3%.

ETRACS IFED Invest with the Fed TR Index is an exchange-traded note that tracks an index strategy linked to Federal Reserve policy and actions. The security does not currently distribute income to holders and carries an expense ratio of 0.45%. It may appeal to investors seeking equity market exposure tied to central bank dynamics rather than those focused on generating regular dividend or interest income.

IFED performance versus SPY

Price and return data through 2026-10-02.

Total return is 83.1% over the past 5 years, 1.2 points behind SPY at 84.3%. Over the past year its total return — price change plus distributions reinvested — is -0.4%. Its deepest 1-year drawdown was 20.2%.

IFED key facts

Issuer

UBS Asset Management

Asset type

ETN

Asset class

Equity

Inception date

09/14/2021

Expense ratio

0.45%

Distribution frequency

None

Last close

$46.45 (as of 2026-10-02)

AUM

$51,656,660

Average volume

0.0

Beta

0.93

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: UBS Asset Management; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

IFED risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 20.2%.

Who may consider IFED — and who may not

It is a weaker fit for investors who need monthly cash flow (IFED does not currently distribute); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from UBS Asset Management.