IWML
ETRACS 2x Leveraged US Size Factor TR ETN Equity$32.94
-1.27%
(-0.42)
AUM $5.9M
Expense 95.00%
52w Low $18.14
75.2% of range
52w High $37.81
50d MA $30.76
200d MA $26.04
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
$30.76
200d MA
$26.04
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…