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IWML

ETRACS 2x Leveraged US Size Factor TR ETN Equity
$34.49
+0.00% (+0.00)
AUM $5.9M
Expense 95.00%
52w Low $21.00 80.3% of range 52w High $37.81
50d MA $32.59 200d MA $27.75
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 $32.59
200d MA $27.75
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…