ETRACS IFED Invest with the Fed TR Index ETN

  • Current Indicative Value
  • 07/24/2024 | 08:00 pm
  • USD 36.72
  • Current Spot Price USD 36.70
  • 07/24/2024 | 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
Wells Fargo Co WFC 3.94
Booking Holdings Inc BKNG 3.76
Dell Technologies Inc. DELL 3.53
GE Aerospace GE 3.46
MercadoLibre Inc MELI 3.07
Costco Wholesale COST 2.54
Marathon Petro MPC 2.49
Humana HUM 2.06
Mckesson Corp MCK 1.99
US BANCORP USB 1.96
MONOLITHIC POWER SYSTEMS ORD MPWR 1.95
Citigroup C 1.89
Capital One Financial Corporation COF 1.81
CrowdStrike Holdings Inc. CRWD 1.79
Goldman Sachs GS 1.74
eBay EBAY 1.69
Pinterest Inc. PINS 1.62
Moderna Inc. MRNA 1.62
Fortinet FTNT 1.60
ZSCALER INC ZS 1.59
Arista Networks Inc ANET 1.58
HP Inc. HPQ 1.46
Cummins CMI 1.45
Truist Financial Corporation TFC 1.41
Valero Energy VLO 1.40
Deckers DECK 1.31
Centene Corp CNC 1.27
JPMorgan Chase JPM 1.26
NetApp NTAP 1.25
HUNTINGTON BANCSHARES INC HBAN 1.23
Williams-Sonoma Inc WSM 1.17
CARDINAL HEALTH INC CAH 1.17
Citizens Financial Group Inc CFG 1.14
Bank of America BAC 1.14
Synchrony Financial SYF 1.13
Bank of New York Mellon BK 1.12
Qualcomm QCOM 1.09
Cisco Systems CSCO 1.07
DISCOVER FINANCIAL SERVICES UN DFS 1.06
AFLAC INC AFL 1.06
State Street STT 1.02
DraftKings Inc. DKNG 1.01
Expedia Group Inc EXPE 1.01
Pure Storage 1.00
Anthem Inc. ELV 1.00
Fifth Third Bancorp FITB 1.00
DOW INC DOW 1.00
CARRIER GLOBAL CORP CARR 0.97
KeyCorp KEY 0.94
Vistra Corp 0.93
Nucor Corp NUE 0.93
DoorDash INC DASH 0.93
Applied Materials AMAT 0.91
Archer Daniels Midland ADM 0.91
Emcor Group Inc EME 0.90
M&T Bank Corp. MTB 0.87
DATADOG INC DDOG 0.87
NVR Inc NVR 0.84
Jabil Circuit INC 0.83
THE ALLSTATE CORPORATION 0.83
Expditors International of Washington Inc EXPD 0.79
Omnicom Group Inc OMC 0.79
Steel Dynamics, Inc. STLD 0.78
Nutanix Inc 0.75
Molina Healthcare Inc 0.73
Dick's Sporting Goods Inc DKS 0.73
TOLL BROTHERS INC TOL 0.71
3M MMM 0.68
Natera Inc. 0.61
Raymond James Finc 0.59
Best Buy BBY 0.58
FOX CORP FOXA 0.56
Equitable Holdings Inc 0.56
TEXTRON INC 0.55
Owens Corning 0.54
INTERACTIVE BROKERS GROUP CL A ORD IBKR 0.51

Source: INDXX, as of July 24, 2024.

Constituent Weightings