Free Trial
NYSEARCA:FEDL

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

$52.43 -0.72 (-1.35%)
(As of 11/15/2024 05:12 PM ET)

About ETRACS 2x Leveraged IFED Invest with the Fed TR Index ETN (NYSEARCA:FEDL)

Key Stats

Today's Range
$52.43
$52.43
50-Day Range
$42.15
$54.47
52-Week Range
$30.79
$60.10
Volume
63 shs
Average Volume
382 shs
Market Capitalization
$52.43 million
Assets Under Management
$15.69 million
Dividend Yield
0.00%
Net Expense Ratio
0.95%
Aggregate Rating
N/A

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.

ETRACS 2x Leveraged IFED Invest with the Fed TR Index ETN Expenses

TypeFEDLLarge Cap ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.95%0.58%0.55%0.51%0.52%
Other Expenses0.00%0.31%0.49%0.57%0.53%
Total Expense0.95%0.65%0.71%0.73%0.71%
Fee Waiver0.00%-0.26%-0.52%-0.67%-0.57%
Net Expense0.95%0.62%0.61%0.58%0.59%
Receive FEDL Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for ETRACS 2x Leveraged IFED Invest with the Fed TR Index ETN and its competitors with MarketBeat's FREE daily newsletter.

FEDL ETF News Headlines

No headlines for this company have been tracked by MarketBeat.com

FEDL ETF - Frequently Asked Questions

ETRACS 2x Leveraged IFED Invest with the Fed TR Index ETN's stock was trading at $35.81 at the beginning of the year. Since then, FEDL shares have increased by 46.4% and is now trading at $52.43.
View the best growth stocks for 2024 here
.

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.
Compare Top Brokerages Here.

Fund Details

Issuer
UBS
Fund Name
ETRACS 2x Leveraged IFED Invest with the Fed TR Index ETN
Tax Classification
Exchange-Traded Note
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
$15.69 million
Average Daily Volume
$0.00
Discount/Premium
0.12%
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
300 shs

Miscellaneous

Beta
N/A
Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report

This page (NYSEARCA:FEDL) was last updated on 11/17/2024 by MarketBeat.com Staff
From Our Partners