ETRACS 2x Leveraged IFED Invest with the Fed TR Index ETN

  • Current Indicative Value
  • 05/23/2022 | 06:59 pm
  • USD 27.76
  • Current Spot Price USD 27.69
  • 05/23/2022 | 04:10 pm

Index Profile

Underlying Index IFED Large-Cap US TR Equity Index
Ticker symbol IFEDLT

About the index

The IFED Large-Cap US Equity Index Total Return is a composite of large-cap U.S. equities that is designed to maximize exposure to those equities best positioned to benefit from the prevailing monetary environment. The Underlying Index uses a combination of Federal Reserve Board (the “Federal Reserve”) policy developments and twelve firm-specific metrics to select and weight stocks via a transparent and rules-based active strategy. The Underlying Index sponsor has developed empirical research that presents support for the view that, if measured properly, there is a significant and consistent association between the Federal Reserve monetary policy shifts and subsequent return on equities and other securities. The Underlying Index was first disseminated publicly on June 8, 2020 and has no live history prior to that date.

Index Historical Returns

Name 1 Month 3 Months 6 Months 1 Year 3 Years
IFED Large-Cap US TR Equity Index -5.55% -0.69% -2.21% 7.45% --

Source: UBS Investment Bank, publicly available data.

Historical information presented is furnished as a matter of information only. Historical performance of the Index is not an indication of future performance. Future performance of the Index may differ significantly from historical performance, either positively or negatively.

Index Historical Returns are calculated on the basis of intraday index levels or closing index levels where relevant.

Constituent Weightings

Name Ticker symbol % Weight
Wells Fargo Co WFC 6.45
ConocoPhillips COP 4.31
Palo Alto PANW 3.35
CVS CVS 2.84
Freeport McMoRan FCX 2.82
EOG Resources EOG 2.66
Marathon Petro MPC 2.64
Philip Morris International PM 2.62
Pioneer Natural Resources Co PXD 2.45
Occidental Petroleum OXY 2.34
Devon Energy DVN 2.21
Oracle Corp ORCL 2.15
eBay EBAY 2.13
Citigroup C 2.09
Expedia Group Inc EXPE 2.06
Nucor Corp NUE 2.04
Target TGT 1.83
Valero Energy VLO 1.83
Goldman Sachs GS 1.83
Kroger KR 1.67
Fortinet FTNT 1.62
Blackstone Group LP BX 1.56
Hewlett-Packard HPQ 1.54
Amer Intl Group AIG 1.46
Applied Materials AMAT 1.45
Bank of New York Mellon BK 1.45
Diamondback Energy Inc. FANG 1.44
Anthem Inc. ANTM 1.35
Ulta Beauty Inc ULTA 1.29
Citizens Financial Group Inc CFG 1.29
Lyondellbasell Industries NV LYB 1.21
Arista Networks Inc ANET 1.12
Mckesson Corp MCK 1.12
Fifth Third Bancorp FITB 1.11
Prudential Financial Inc PRU 1.11
Signature Bank SBNY 1.11
Hess Corporation HES 1.08
Mosaic MOS 1.06
Alphabet Inc. A GOOGL 1.06
KeyCorp KEY 1.04
Regions Financial Corporation RF 1.03
Western Digital Corp WDC 1.01
Archer Daniels Midland ADM 1.01
KKR & Co. Inc. KKR 0.97
Booking Holdings Inc BKNG 0.96
Hewlett Packard Enterprise Co HPE 0.94
Eli Lilly LLY 0.94
CARDINAL HEALTH INC CAH 0.93
Apollo Global Management Inc APO 0.91
Baker Hughes, a GE BKR 0.82
Enphase Energy INC ENPH 0.80
Gartner Inc IT 0.80
Tyson Foods TSN 0.79
Williams-Sonoma Inc WSM 0.76
Omnicom Group Inc OMC 0.76
Hartford Fin Serv HIG 0.75
NetApp NTAP 0.70
Chevron CVX 0.67
Waters Corp WAT 0.65
Builders FirstSource Inc BLDR 0.63
Avis Budget Group Inc CAR 0.63
Interpublic Group of Companies Inc IPG 0.62
Nortonlifelock Inc NLOK 0.60
Expditors International of Washington Inc EXPD 0.57
INCYTE CORPORATION INCY 0.57
Kla-Tencor KLAC 0.54
Carlyle Group Inc CG 0.52
Ross Stores Inc ROST 0.44
LKQ Corp. LKQ 0.44
F5 Networks FFIV 0.43

Source: INDXX, as of February 15th, 2022

Constituent Weightings