ETRACS 2x Leveraged US Value Factor TR ETN (IWDL) Research

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.

Market snapshot

Symbol
IWDL
Price
$61.58
Day change
0.00%
Market cap
$12.1M
52-week range
39.59-63.154
Sector
Financial Services
Industry
Asset Management - Leveraged

Peer companies

  • ProShares - Short MSCI EAFE (EFZ)
  • Harbor ETF Trust (EMES)
  • ProShares - Short MSCI Emerging Markets (EUM)
  • ETRACS 2x Leveraged US Growth Factor TR ETN (IWFL)
  • ETRACS 2x Leveraged US Size Factor TR ETN (IWML)
  • MKAM ETF (MKAM)
  • Direxion Daily MSFT Bear 1X ETF (MSFD)
  • ProShares - UltraShort Financials (SKF)

Open ETRACS 2x Leveraged US Value Factor TR ETN (IWDL) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.