HDLB ETRACS Monthly Pay 2x Leveraged US High Dividend Low Volatility ETN Series B
This is an exchange traded note issued by UBS Bank that is linked, before fees and expenses, to the leveraged 2x performance of the Solactive US High Dividend Low Volatility Index.The Index is calculated and distributed by Solactive AG and is intended to track the price movements of stocks which are publicly traded on US stock exchanges and fulfill certain minimum requirements in terms of liquidity and market capitalization. From this universe, 80 stocks with high Forward Looking Distribution Yield are selected, and then from those 80 the index selects 40 with the lowest 12-Month Trailing Realized Volatility.
$11.00 -0.25 (-2.22%)
As of 03/23/2023 15:35:49 EST IEX book CBOE book
ETN Information
Sponsor: Etracs ETNs (UBS Bank)
Category1: US Equity
Category2: Broad Market
Category3: Multi-cap
Morningstar category:
Leverage factor: 2.00
Inception date: 10/25/2019
Current yield: 12.46%
Historical average yield: 11.19%
Market cap: $0
Average volume: 2,263
Fees: 0.8000% *
*Financing fee of LIBOR + .8%
Investment style:
Factors used to select securities: