ETRACS 2x Leveraged US Value Factor TR ETN (IWDL) ETF Holdings & Analysis
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What IWDL does
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.
Fund profile
PortView Portfolio Insights
PortView analyzes how IWDL fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.
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Frequently asked questions
- What does IWDL track?
- IWDL is the ETRACS 2x Leveraged US Value Factor TR ETN, a Other ETF.
- What is the expense ratio of IWDL?
- Expense ratio data for IWDL is shown on the page when available from our data provider.
- What are the largest holdings in IWDL?
- IWDL's top holdings are listed on this page when available.
- How can PortView analyze IWDL overlap with other ETFs?
- PortView computes the holdings overlap between IWDL and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.
The information provided by PortView is for informational and educational purposes only and does not constitute investment advice. Market data may be delayed. Past performance does not guarantee future results.