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ETRACS 2x Leveraged IFED Invest with the Fed TR Index ETN: (FEDL)

(Delayed Data from NYSE) As of Apr 17, 2024 03:59 PM ET

$41.73 USD

41.731
NA

0.00 (0.00%)

Volume: NA

Zacks ETF Rank

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

NA

ETF Quote Details

Previous Close 41.73
Open 41.57
Bid 33.37
Ask 50.09
Day Low-High 41.57-41.57
52wk Low-High 24.00-45.18
Volume NA
NAV (month end) 44.99
Premium (+)/Discount (-) (month end)-3.26

Zacks Premium Research for FEDL

Zacks ETF Rank

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

 NA
ETF Risk

Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.

NA

ETF Expense Ratio

Expense Ratio 0.95%
Dividend (Yield) $0.00 (0.00%)
Issuer ----------------------------------------

Benchmark for FEDL

IFED LARGE-CAP US EQUITY ID TOTAL RETURN

The IFED Large-Cap US Equity Index Total Return tracks large-cap U.S. equities that are best positioned to benefit from the prevailing monetary environment.

Fund Summary for FEDL

ETRACS 2X LV IFED INV WITH FED TR ID ETN

The ETRACS 2x Leveraged IFED Invest with the Fed TR Index ETN due September 15, 2061 are senior unsecured debt securities that provide 2 times leveraged long exposure to the compounded quarterly performance of the IFED Large-Cap US Equity Index Total Return, reduced by the Accrued Fees.