ETRACS 2x Leveraged MSCI US Quality Factor TR ETN (QULL) ETF Holdings & Analysis

What QULL does

QULL, an ETRACS Exchange-Traded Note, aims to deliver twice the daily performance of the MSCI USA Sector Neutral Quality Index. This benchmark is comprised of U.S. large and mid-capitalization stocks that demonstrate top-tier quality scores when compared to others within their specific industry groups. The index meticulously evaluates constituents of the MSCI USA Index (its parent universe) across each GICS sector, assigning a quality score based on three core fundamental metrics: return on equity, debt-to-equity ratios, and earnings variability. Securities achieving the highest quality scores are chosen, and their weighting is calculated by multiplying their market capitalization weight from the parent index by their determined quality score, with a 5% cap on any single security. Given its leveraged structure and quarterly rebalancing, QULL is intended purely as a short-term trading instrument, not a long-term investment vehicle; consequently, its long-term returns could significantly diverge from the underlying index due to compounding effects. Furthermore, as an Exchange-Traded Note, QULL exposes holders to the credit risk of its issuer, UBS.

Fund profile

PortView Portfolio Insights

PortView analyzes how QULL 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 QULL track?

QULL is the ETRACS 2x Leveraged MSCI US Quality Factor TR ETN, a Other ETF.

What is the expense ratio of QULL?

Expense ratio data for QULL is shown on the page when available from our data provider.

What are the largest holdings in QULL?

QULL's top holdings are listed on this page when available.

How can PortView analyze QULL overlap with other ETFs?

PortView computes the holdings overlap between QULL and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.