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

  • Current Indicative Value
  • 12/01/2023 | 07:00 pm
  • USD 33.25
  • Current Spot Price USD 33.26
  • 12/01/2023 | 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 -- -- -- -- --

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
Exxon Mobil XOM 5.14
Booking Holdings Inc BKNG 3.80
Palo Alto PANW 3.71
Lam Research Corp LRCX 3.28
ConocoPhillips COP 2.89
Marathon Petro MPC 2.73
MercadoLibre Inc MELI 2.69
Bank of America BAC 2.41
Arista Networks Inc ANET 2.29
Cisco Systems CSCO 2.28
Valero Energy VLO 2.09
Kla-Tencor KLAC 2.01
Anthem Inc. ELV 1.99
Philipps 66 PSX 1.93
Regeneron Pharma REGN 1.88
Progressive Corporation PGR 1.84
Cigna Corporation CI 1.83
Intuitive Surgical Inc ISRG 1.77
Goldman Sachs GS 1.76
UnitedHealth Group UNH 1.74
AutoZone AZO 1.71
Mckesson Corp MCK 1.68
Synopsys Inc. SNPS 1.68
Humana HUM 1.66
Vertex Pharmaceuticals VRTX 1.54
Capital One Financial Corporation COF 1.38
Citigroup C 1.25
Nucor Corp NUE 1.21
Dell Technologies Inc. DELL 1.19
MONOLITHIC POWER SYSTEMS ORD MPWR 1.18
ON Semiconductor Corp 1.16
Cadence Design CDNS 1.12
Moderna Inc. MRNA 1.12
THE ALLSTATE CORPORATION 1.09
Bank of New York Mellon BK 1.08
Pinterest Inc. PINS 1.07
Hubspot INC HUBS 1.01
LENNAR CP CL A LEN 1.00
Centene Corp CNC 0.97
DexCom Inc DXCM 0.96
Apple AAPL 0.91
Archer Daniels Midland ADM 0.88
PULTE HOMES INC PHM 0.88
Steel Dynamics, Inc. STLD 0.87
TRADE DESK INC/THE 0.86
CARDINAL HEALTH INC CAH 0.86
Monster Beverage Corp MNST 0.86
Fortinet FTNT 0.84
State Street STT 0.84
Expedia Group Inc EXPE 0.83
D.R. Horton Inc. DHI 0.82
Nike NKE 0.80
Deckers DECK 0.79
Axon Enterprise Inc 0.78
AFLAC INC AFL 0.78
FIRST CITIZENS BANCSHARES CL A ORD FCNCA 0.77
Applied Materials AMAT 0.77
Copart Inc CPRT 0.76
EPAM SYSTEMS ORD EPAM 0.71
Molina Healthcare Inc 0.67
NetApp NTAP 0.67
Raymond James Finc 0.65
CF INDUST CF 0.65
SUPER MICRO COMPUTER ORD SMCI 0.64
Synchrony Financial SYF 0.63
Enphase Energy INC ENPH 0.63
Veeva Systems Inc 0.62
United Airlines Holdings Inc. UAL 0.59
NVR Inc NVR 0.58
Expditors International of Washington Inc EXPD 0.58
NASDAQ INC 0.55
Dick's Sporting Goods Inc DKS 0.55
CoStar Group Inc CSGP 0.54
Omnicom Group Inc OMC 0.49
Chewy Inc. 0.25

Source: INDXX, as of December 01, 2023.

Constituent Weightings