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IWML — ETRACS 2x Leveraged US Size Factor TR ETN

ETRACS 2x Leveraged US Size Factor TR ETN (IWML)

IWML pays a 0.00% distribution rate, on a 0.95% expense ratio. Total return is 34.9% over the past 5.5 years, 80.8 points behind SPY at 115.7%. Its deepest 1-year drawdown was 22.8%.

ETRACS 2x Leveraged US Size Factor TR is an exchange-traded note from UBS Asset Management that provides two times leveraged exposure to the US size factor through a total return structure. The security does not distribute income and carries an expense ratio of 0.95%, with a modest asset base. This ETN appeals to tactical traders and leverage-seeking investors seeking amplified factor exposure rather than traditional income-focused investors.

IWML key facts

Issuer
UBS Asset Management
Asset type
ETN
Asset class
Equity
Inception date
02/05/2021
Expense ratio
0.95%
Distribution rate
0.00%
Last close
$34.32
AUM
$6,457,540
Average volume
625.0
Beta
2.57