ETRACS IFED Invest with the Fed TR Index ETN

An intraday "indicative value" is used to measure the intrinsic value of each ETN and is for reference purposes only. Note: The market price (the actual trading price) of ETNs may be different from their indicative value.
Current Indicative Value
05/27/2025 | 02:10 pm
USD 43.22

Current Spot Price USD 42.32
05/23/2025 | 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
Booking Holdings Inc	BKNG	4.28
Wells Fargo Co	WFC	4.17
Costco Wholesale	COST	3.40
Dell Technologies Inc.	DELL	3.23
APPLOVIN CORP	APP	3.11
PayPal	PYPL	2.59
Verizon Communications Inc.	VZ	2.51
DoorDash INC	DASH	2.49
MercadoLibre Inc	MELI	2.32
Philip Morris International	PM	2.26
Qualcomm	QCOM	2.17
3M	MMM	2.11
GE Aerospace	GE	2.09
Robinhood Markets Inc.		2.02
ZSCALER INC	ZS	1.80
Vistra Corp	VST	1.70
Fortinet	FTNT	1.67
CrowdStrike Holdings Inc.	CRWD	1.63
ROBLOX CORP		1.53
Johnson & Johnson	JNJ	1.52
General Motors	GM	1.46
Kla-Tencor	KLAC	1.35
CARVANA CL A ORD	CVNA	1.32
Colgate-Palmolive	CL	1.27
US BANCORP	USB	1.23
Netflix	NFLX	1.17
Electronic Arts	EA	1.14
GODADDY CL A ORD	GDDY	1.10
Bank of New York Mellon	BK	1.10
Alnylam Pharmaceuticals:Inc.		1.10
Ross Stores Inc	ROST	1.06
KIMBERLY-CLARK	KMB	1.06
Truist Financial Corporation	TFC	1.05
eBay	EBAY	1.01
Marathon Petro	MPC	1.01
Nike	NKE	1.00
CARDINAL HEALTH INC	CAH	0.98
Kellogg	K	0.94
Coinbase Global, Inc.		0.94
HUNTINGTON BANCSHARES INC	HBAN	0.94
Cummins	CMI	0.91
Pinterest Inc.	PINS	0.91
Motorola Solutions Inc		0.89
Warner Bros. Discovery Inc	WBD	0.87
Estée Lauder	EL	0.86
Fidelity National Info	FIS	0.84
AbbVie	ABBV	0.83
Verisk Analytics Inc.	VRSK	0.83
Expedia Group Inc	EXPE	0.82
HP Inc.	HPQ	0.78
Citizens Financial Group Inc	CFG	0.77
Pure Storage		0.75
Southwest Airlines Co	LUV	0.75
Sysco Corporation	SYY	0.73
Williams-Sonoma Inc	WSM	0.72
Hilton Worldwide Holdings, Inc.	HLT	0.72
Centene Corp	CNC	0.72
Emcor Group Inc	EME	0.71
Western Digital Corp	WDC	0.70
Nutanix Inc		0.70
Raytheon Technologies Corp	RTX	0.69
Synchrony Financial	SYF	0.69
Keysight Technologies Inc	KEYS	0.68
The Sherwin-Williams Company	SHW	0.68
NetApp	NTAP	0.68
Best Buy	BBY	0.65
Deckers	DECK	0.65
Molina Healthcare Inc		0.62
KeyCorp	KEY	0.62
Dick's Sporting Goods Inc	DKS	0.61
Burlington Stores Inc.		0.60
COUPANG INC		0.56
Fifth Third Bancorp	FITB	0.54
Gartner Inc	IT	0.54
Mettler Toledo	MTD	0.53
Expditors International of Washington Inc	EXPD	0.52
Target	TGT	0.51
CARLISLE COMPANIES ORD	CSL	0.50
Insmed Inc		0.50
BAXTER INTERNATIONAL INC	BAX	0.46
Omnicom Group Inc	OMC	0.37
MASCO CORP		0.36
International Flavors & Fragrances Inc		0.34
STANLEY BLACK & DECKER INC	SWK	0.32
Sandisk Corporation	SNDKV	0.17

Source: INDXX, as of May 26, 2025.

Constituent Weightings

Important legal information specific to ETRACS ETNs.

UBS AG has filed a registration statement (including a prospectus and supplements thereto) with the Securities and Exchange Commission, or SEC, for the offerings of securities to which this communication relates. Before you invest, you should read the prospectus, along with the applicable prospectus supplement, to understand fully the terms of the securities and other considerations that are important in making a decision about investing in the ETRACS. The applicable prospectus supplement for each ETRACS may be viewed by clicking on the ticker symbol of each ETRACS identified above. You may also view any of these documents without cost by visiting EDGAR on the SEC website at www.sec.gov. The securities related to the offerings are not deposit liabilities and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency of the United States, Switzerland or any other jurisdiction.

Disclaimer Business continuity

Important legal and regulatory information:

The products, services, information and/or materials contained within these web pages may not be available for residents of certain jurisdictions. Please consult the sales restrictions relating to the products or services in question for further information. Activities with respect to US securities are conducted through UBS Securities LLC, a US broker dealer. Member of SIPC

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The information in this section of the website may not be accessed in respect of the United Kingdom by persons who are retail investors. The securities referred to herein are not to be offered, sold or otherwise made available to any retail investor in the United Kingdom and any person who is a retail investor in the United Kingdom should not act or rely on this information or any of its contents. For these purposes, a retail investor means a person who is one (or more) of: a retail client as defined in point (8) of Article 2 of Regulation (EU) No 2017/565 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 (the "EUWA"); (ii) a customer within the meaning of the provisions of the Financial Services and Markets Act 2000 (the "FSMA") and any rules or regulations made under the FSMA to implement Directive (EU) 2016/97, where that customer would not qualify as a professional client, as defined in point (8) of Article 2(1) of Regulation (EU) No 600/2014 as it forms part of domestic law by virtue of the EUWA; or (iii) not a qualified investor as defined in Article 2 of the Prospectus Regulation as it forms part of domestic law by virtue of the EUWA ("UK Prospectus Regulation").