IWML
ETRACS 2x Leveraged US Size Factor TR ETN Equity$29.78
-3.95%
(-1.23)
AUM $5.9M
Expense 95.00%
52w Low $16.31
91.7% of range
52w High $31.01
50d MA $25.88
200d MA $23.97
NAV
$29.18
AUM
$5.9M
Expense
95.00%
Holdings
0
Avg Volume
3K
Inception
Feb 05, 2021
Issuer
ETRACS
Exchange
AMEX
Domicile
US
ISIN
US90278V4041
50d MA
$25.88
200d MA
$23.97
About
As a levered product, IWML is not a buy-and-hold ETN, it's a short-term tactical instrument designed to provide 2x exposure to the Russell 2000. The underlying index consists primarily of small-caps, but also drifts into midcaps and heavily into micro-caps, overall representing approximately 10% of the total market. Like many levered funds, IWML delivers 2x exposure only for one day. The fund also…