- What are the top holdings of IWDL?
- ETRACS 2x Leveraged US Value Factor TR ETN holds 0 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does IWDL have?
- IWDL holds 0 positions as reported by the fund's most recent disclosure.
- What sectors does IWDL invest in?
- ETRACS 2x Leveraged US Value Factor TR ETN (IWDL) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is IWDL most exposed to?
- IWDL's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is IWDL a US-only fund?
- The country allocation card on this page shows IWDL's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does IWDL invest in?
- IWDL is an Exchange Traded Note (ETN) designed to provide investors with double the leveraged exposure to the value segment within the US large-cap equity market. Its performance is tied to the total return variant of the Russell 1000 Value index, which is composed of firms characterized by lower price-to-book ratios and more modest growth projections. This instrument recalibrates its leverage quarterly. Importantly, as a leveraged product, IWDL is not suited for long-term holding; its intended leveraged returns are typically consistent only over a single day. Furthermore, given its structure as an ETN, investors also bear the credit risk associated with its issuer, UBS.
