ETRACS 2x Leveraged MSCI US Quality Factor TR ETN (IWDL)
Description
The investment seeks to track the performance of the Russell 1000 Value. The IWDL ETF contains constituents. It is focused on value holdings in the region.
Price $24.58 as of 2022-10-19Cost/Risk/Yield
| Dividend yield | |
| Expense ratio | 0.95% |
| Average spread | 0.203% |
| 1Y roundtrip cost | 1.153% |
Historic prices
Total Returns (including dividends)
Monthly returns heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | -5.1% | -2.8% | 6.3% | -12.0% | 4.0% | -19.1% | 13.3% | -5.7% | -17.6% | 7.9% | -30.8% | ||
| 2021 | 11.2% | 7.1% | 4.5% | -2.4% | 1.3% | 3.9% | -6.8% | 10.0% | -7.1% | 12.5% | 34.2% | ||
| -5.1% | -2.8% | 17.5% | -5.0% | 8.6% | -21.5% | 14.5% | -1.8% | -24.4% | 17.9% | -7.1% | 12.5% |
Historical Dividends
Monthly dividend heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Sectors and Top Holdings
| Security | % Assets |
|---|---|
| Top 0 Weights | 0.00% |
Compare with similar ETFs
| IWDL | IVE | IWD | PRF | SPYV | VONV | |
|---|---|---|---|---|---|---|
| Product name | ETRACS 2x Leveraged MSCI US Quality Factor TR ETN | iShares S&P 500 Value ETF | iShares Russell 1000 Value ETF | PowerShares FTSE RAFI US 1000 Portfolio ETF | SPDR S&P 500 Value ETF | Vanguard Russell 1000 Value ETF |
| Issuer | ETRACS | iShares | iShares | Invesco | SPDR | Vanguard |
| Price | $24.583 | $133.21 | $140.18 | $144.6 | $35.73 | $61.45 |
| Expense Ratio | 0.95% |  0.18% | 0.19% | 0.39% | 0.04% | 0.08% |
| Average Spread | 0.203% | 0.015% | 0.007% | 0.035% | 0.028% | 0.033% |
| AUM | $24,796,200 | $20,134,400,000 | $48,186,700,000 | $4,787,650,000 | $11,496,400,000 | $5,891,230,000 |
| Shares | 1,008,671 | 151,147,455 | 343,748,942 | 33,109,589 | 321,757,679 | 95,870,284 |
| Average Daily Volume | 233 | 1,063,806 | 2,886,322 | 239,247 | 2,929,387 | 669,763 |
| Home page | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site |
| Inception Date | 2021-02-05 | 2000-05-22 | 2000-05-22 | 2005-12-19 | 2000-09-25 | 2010-09-20 |
| Index Tracked | Russell 1000 Value | S&P 500 Value Index | Russell 1000 Value | FTSE RAFI US 1000 | S&P 500 Value Index | Russell 1000 Value |
| Category | Leveraged Equities | Large Cap Blend Equities | Large Cap Blend Equities | Large Cap Blend Equities | Large Cap Blend Equities | Large Cap Blend Equities |
| Asset Class | Equity | Equity | Equity | Equity | Equity | Equity |
| Asset Class Size | Large Caps | Large/Mid Caps | Large/Mid Caps | Large Caps | Large/Mid Caps | |
| Value or Growth | Value | Blend | Blend | Blend | Blend | Blend |
| Region | North America | North America | North America | North America | North America | |
| Countries | U.S. | U.S. | U.S. | U.S. | U.S. | U.S. |
| Annual Dividend Rate | $0 | $2.967 | $2.995 | $3.124 | $0.883 | $1.429 |
| Annual Dividend Yield | 0.000% | 0.022% | 0.021% | 0.022% | 0.025% | 0.023% |
| Number of Holdings | 426 | 823 | 982 | 427 | 826 | |
| YTD Return | -31.06% | -13.63% | -15.26% | -14.51% | -13.50% | -15.30% |
| Beta | 1.57 | 1.00 | 0.99 | 1.03 | 0.96 | 0.95 |
| Upside Beta | -0.21 | 0.26 | 0.26 | 0.15 | 0.25 | 0.01 |
| Downside Beta | -0.84 | 0.12 | 0.13 | -0.06 | 0.11 | -0.24 |
| Volatility 1Y | 39.61% | 18.32% | 19.17% | 20.06% | 18.38% | 19.05% |
| Sharpe Ratio 3Y | 0.00 | 0.32 | 0.27 | 0.56 | 0.33 | 0.28 |
| Treynor Ratio 3Y | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 |