ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (MTUL)
Description
The investment seeks to track the performance of the MSCI USA Momentum Index. The MTUL ETF contains constituents. It is focused on holdings in the region.
Price $15.23 as of 2022-10-19Cost/Risk/Yield
| Dividend yield | |
| Expense ratio | 0.95% |
| Average spread | 0.328% |
| 1Y roundtrip cost | 1.278% |
Historic prices
Total Returns (including dividends)
Monthly returns heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | -17.8% | -6.1% | 11.0% | -25.5% | 0.1% | -15.2% | 10.2% | -3.7% | -12.3% | 11.2% | -48.1% | ||
| 2021 | -3.2% | 14.8% | -3.5% | 3.9% | 1.6% | 8.0% | -6.6% | 17.0% | -7.5% | -1.6% | 22.9% | ||
| -17.8% | -6.1% | 7.8% | -10.7% | -3.3% | -11.3% | 11.8% | 4.3% | -18.9% | 28.2% | -7.5% | -1.6% |
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
| MTUL | FDMO | FXL | IMCG | MTUM | OPPX | |
|---|---|---|---|---|---|---|
| Product name | ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN | Fidelity Momentum Factor ETF | First Trust Technology AlphaDEX Fund | iShares Morningstar Mid-Cap Growth ETF | iShares MSCI USA Momentum Factor ETF | Corbett Road Tactical Opportunity ETF |
| Issuer | ETRACS | Fidelity | First Trust | iShares | iShares | Corbett Road |
| Price | $15.228 | $43.23 | $87.5283 | $50.04 | $138.03 | $21.068 |
| Expense Ratio | 0.95% |  0.29% | 0.61% | 0.06% | 0.15% | 0.75% |
| Average Spread | 0.328% | 0.185% | 0.069% | 0.120% | 0.014% | 0.237% |
| AUM | $15,238,100 | $100,377,000 | $1,877,690,000 | $904,582,000 | $12,170,100,000 | $13,679,600 |
| Shares | 1,000,661 | 2,321,929 | 21,452,434 | 18,077,180 | 88,170,162 | 649,306 |
| Average Daily Volume | 33 | 25,653 | 48,757 | 131,841 | 1,200,274 | 4,643 |
| 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 | 2016-09-12 | 2007-05-08 | 2004-06-28 | 2013-04-16 | 2021-02-25 |
| Index Tracked | MSCI USA Momentum Index | Fidelity U.S. Momentum Factor Index | StrataQuant Technology Index | Morningstar US Mid Cap Broad Growth Index | MSCI USA Momentum SR Variant Index | No Underlying Index |
| Category | Leveraged Equities | Large Cap Growth Equities | Technology Equities | Mid Cap Growth Equities | Large Cap Growth Equities | Diversified Portfolio |
| Asset Class | Equity | Equity | Equity | Equity | Equity | Multi-Asset |
| Asset Class Size | Large/Mid Caps | Large/Mid Caps | Large/Mid Caps | Large Caps | ||
| Value or Growth | Growth | Growth | Growth | Growth | ||
| Region | 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 | $0.464 | $0.354 | $0.424 | $2.223 | $0 |
| Annual Dividend Yield | 0.000% | 0.011% | 0.004% | 0.008% | 0.016% | 0.000% |
| Number of Holdings | 129 | 109 | 365 | 122 | ||
| YTD Return | -43.91% | -18.79% | -33.55% | -31.29% | -23.13% | -26.58% |
| Beta | 2.26 | 1.02 | 1.17 | 1.11 | 1.09 | 0.91 |
| Upside Beta | -1.40 | 0.63 | 0.23 | 0.28 | 0.27 | -0.37 |
| Downside Beta | -1.75 | 0.17 | -0.22 | 0.04 | -0.32 | -0.70 |
| Volatility 1Y | 55.41% | 23.97% | 31.23% | 28.00% | 25.45% | 21.10% |
| Sharpe Ratio 3Y | 0.00 | 0.55 | 0.53 | 0.41 | 0.32 | 0.00 |
| Treynor Ratio 3Y | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 |