ETRACS 2x Leveraged IFED Invest with the Fed TR Index ETN (FEDL) Price, Holdings, & News

ETF Overview

The ETRACS 2x Leveraged IFED Invest with the Fed TR Index ETN (FEDL) is an exchange-traded fund that is based on the IFED Large-Cap US Equity index. The fund provides 2x leveraged exposure to the compounded quarterly performance of a total return index consisting of large-cap US equities that the issuer believes will benefit from the prevailing monetary environment. The fund uses multiple fundamental factors to select and weight securities. FEDL was launched on Sep 14, 2021 and is issued by UBS.

Key Stats

• Today's Range: $55.71 to $55.71
• 50-Day Range: $55.71 to $55.71
• 52-Week Range: $37.25 to $60.10
• Volume: 100 shs
• Average Volume: 560 shs
• Market Capitalization: $55.71 million
• Assets Under Management: $16.34 million
• Dividend Yield: 0.00%
• Net Expense Ratio: 0.95%
• Aggregate Rating: N/A

FEDL ETF - Frequently Asked Questions

How have FEDL shares performed this year?

ETRACS 2x Leveraged IFED Invest with the Fed TR Index ETN's stock was trading at $55.71 at the beginning of the year. Since then, FEDL shares have increased by 0.0% and is now trading at $55.71.

How do I buy shares of ETRACS 2x Leveraged IFED Invest with the Fed TR Index ETN?

Shares of FEDL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Fund Details

• Issuer: UBS
• Fund Name: ETRACS 2x Leveraged IFED Invest with the Fed TR Index ETN
• Tax Classification: Exchange-Traded Note
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:FEDL
• Inception Date: 9/14/2021
• Fund Manager: N/A
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Equity
• Benchmark: IFED Large-Cap US Equity Index Total Return
• Category: Strategy
• Focus: Large Cap
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 0

Fund Statistics

• Assets Under Management: $16.34 million
• Average Daily Volume: $0.00
• Discount/Premium: 1.24%
• Leveraged: 2.00

Administrator, Advisor and Custodian

• Administrator: N/A
• Advisor: UBS AG (London Branch)
• Custodian: N/A
• Distributor: N/A
• Transfer Agent: N/A
• Trustee: N/A
• Lead Market Maker: N/A

Options

• Optionable: N/A
• Short Interest: 100 shs

Miscellaneous

• Outstanding Shares: 1,000,000
• Beta: N/A