ETRACS IFED Invest with the Fed TR Index ETN

  • Current Indicative Value
  • 02/28/2024 | 06:59 pm
  • USD 35.08
  • Current Spot Price USD 35.07
  • 02/28/2024 | 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 4.70
Booking Holdings Inc BKNG 3.76
Lam Research Corp LRCX 3.76
Palo Alto PANW 3.54
Marathon Petro MPC 2.70
Arista Networks Inc ANET 2.59
ConocoPhillips COP 2.53
Bank of America BAC 2.39
MercadoLibre Inc MELI 2.30
Kla-Tencor KLAC 2.21
Valero Energy VLO 2.08
Cigna Corporation CI 2.05
Cisco Systems CSCO 2.04
Regeneron Pharma REGN 2.03
Progressive Corporation PGR 1.95
Intuitive Surgical Inc ISRG 1.94
Philipps 66 PSX 1.89
Anthem Inc. ELV 1.86
Goldman Sachs GS 1.79
AutoZone AZO 1.74
SUPER MICRO COMPUTER ORD SMCI 1.73
Mckesson Corp MCK 1.69
Vertex Pharmaceuticals VRTX 1.67
Synopsys Inc. SNPS 1.57
Capital One Financial Corporation COF 1.49
UnitedHealth Group UNH 1.41
Dell Technologies Inc. DELL 1.38
MONOLITHIC POWER SYSTEMS ORD MPWR 1.35
Citigroup C 1.32
Nucor Corp NUE 1.23
Moderna Inc. MRNA 1.23
THE ALLSTATE CORPORATION 1.14
Cadence Design CDNS 1.11
Bank of New York Mellon BK 1.11
ON Semiconductor Corp 1.07
Hubspot INC HUBS 1.07
Humana HUM 1.06
LENNAR CP CL A LEN 1.05
Pinterest Inc. PINS 0.99
Fortinet FTNT 0.99
Axon Enterprise Inc 0.93
PULTE HOMES INC PHM 0.92
Deckers DECK 0.91
Centene Corp CNC 0.91
TRADE DESK INC/THE 0.91
Applied Materials AMAT 0.90
Steel Dynamics, Inc. STLD 0.86
DexCom Inc DXCM 0.84
D.R. Horton Inc. DHI 0.82
CARDINAL HEALTH INC CAH 0.81
Monster Beverage Corp MNST 0.78
Apple AAPL 0.77
State Street STT 0.75
EPAM SYSTEMS ORD EPAM 0.75
Expedia Group Inc EXPE 0.73
FIRST CITIZENS BANCSHARES CL A ORD FCNCA 0.73
Copart Inc CPRT 0.72
Veeva Systems Inc 0.70
Synchrony Financial SYF 0.69
AFLAC INC AFL 0.68
Nike NKE 0.66
Molina Healthcare Inc 0.66
Raymond James Finc 0.65
Enphase Energy INC ENPH 0.63
NVR Inc NVR 0.63
Dick's Sporting Goods Inc DKS 0.63
CF INDUST CF 0.62
NetApp NTAP 0.58
United Airlines Holdings Inc. UAL 0.58
Archer Daniels Midland ADM 0.56
Expditors International of Washington Inc EXPD 0.51
NASDAQ INC 0.49
CoStar Group Inc CSGP 0.49
Omnicom Group Inc OMC 0.48
Chewy Inc. 0.21

Source: INDXX, as of February 28, 2024.

Constituent Weightings