| Fund Description |
| The ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSE: HDLB) ( HDLB or the ETN ) is an Exchange Traded Note linked to the monthly compounded 2x leveraged performance of the Solactive US High Dividend Low Volatility Index. The Index is calculated and distributed by Solactive AG and is intended to track the price movements of stocks which are publicly traded on US stock exchanges and fulfill certain minimum requirements in terms of liquidity and market capitalization. From this universe, the stocks with high Forward Looking Distribution Yield and low 12-Month Trailing Realized Volatility are selected (each of the preceding capitalized terms as defined in the applicable pricing supplement). |
| Fund Profile |
| Fund Name |
ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B |
| Fund Exchange Ticker |
HDLB |
| Fund Sponsor |
UBS |
| Fund ISIN |
US90269A4849 |
| Net Expense Ratio |
0.85 % |
| Fund Inception Date |
24 October 2019 |
| Fund Legal Structure |
ETN |
| Exchange |
NYSE Arca |
| Listing Country Code |
US |
| Fund Investment Objective |
| ETF Type Specific |
Leveraged / Inverse |
| Asset Class |
Equities (Stocks) |
| Index Linked |
Passive |
| Index Name |
Solactive US High Dividend Low Volatility Index |
| Index Provider |
Solactive AG |
| Currency Hedged |
No |
| Inverse / Leveraged |
Leveraged (2x) |
| Developed / Emerging |
Developed Market Funds |
| Market Capitalization Range |
Large Cap |
| Growth Value |
Core / Blend |
| Continent |
North America |
| Key Statistics |
| Return As of Date |
8 December 2022 |
| Asset Under Management |
14.29 Million (USD) |
| 1 Month Total Return |
7.55 % |
| Year To Date Return |
-12.33 % |
| 1 Year Total Return |
-6.13 % |
| 3 Year Annualized Total Return |
-10.14 % |
| NAV |
14.29 |
| Share Outstanding |
1,000,000 |