ETRACS 2x Leveraged US Dividend Factor TR ETNETRACS 2x Leveraged US Dividend Factor TR ETNETRACS 2x Leveraged US Dividend Factor TR ETN

ETRACS 2x Leveraged US Dividend Factor TR ETN

No trades
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Key stats


Assets under management (AUM)
‪11.63 M‬USD
Fund flows (1Y)
‪−28.78 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
0.05%
Shares outstanding
‪300.00 K‬
Expense ratio
0.95%

About ETRACS 2x Leveraged US Dividend Factor TR ETN


Brand
ETRACS
Inception date
Feb 4, 2021
Structure
Exchange-Traded Note
Index tracked
Dow Jones U.S. Dividend 100
Management style
Passive
Distribution tax treatment
No distributions
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Distributor
UBS Securities LLC
SCDL offers 2x exposure to the Dow Jones US Dividend 100 Indexa market-cap-weighted index that excludes REITs and screens for firms with a 10-year history of paying dividends. The index portfolio is curated using the following fundamental metrics: cash-flow to debt ratio, ROE, dividend yield and dividend growth rate. This approach gives a modest large-cap tilt, and comes with sector biases that lean toward industrials and consumer stocks, and away from financials. Unlike other ETNs, SCDL does not pay any coupon. It also resets its leverage quarterly, rather than daily. And like all ETNs, SCDL is not directly backed by stocks but by the credit of the issuing bank, UBS. The underlying index is reviewed annually and rebalanced quarterly.

Broaden your horizons with more funds linked to SCDL via country, focus, and more.

Classification


Asset Class
Equity
Category
High dividend yield
Focus
High dividend yield
Niche
Broad-based
Strategy
Fundamental
Geography
U.S.
Weighting scheme
Market cap
Selection criteria
Fundamental
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SCDL trades at 39.29 USD today, its price has fallen −0.12% in the past 24 hours. Track more dynamics on SCDL price chart.
SCDL net asset value is 39.32 today — it's risen 6.17% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SCDL assets under management is ‪11.63 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SCDL price has risen by 8.94% over the last month, and its yearly performance shows a 13.78% increase. See more dynamics on SCDL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 6.17% over the last month, showed a 21.68% increase in three-month performance and has increased by 13.88% in a year.
SCDL fund flows account for ‪−28.78 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SCDL expense ratio is 0.95%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, SCDL is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SCDL technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SCDL shows the buy signal. See more of SCDL technicals for a more comprehensive analysis.
No, SCDL doesn't pay dividends to its holders.
SCDL trades at a premium (0.08%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SCDL shares are issued by UBS Group AG
SCDL follows the Dow Jones U.S. Dividend 100. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 4, 2021.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.