ETRACS IFED Invest with the Fed TR Index ETN

  • Current Indicative Value
  • 07/15/2024 | 08:00 pm
  • USD 37.99
  • Current Spot Price USD 37.96
  • 07/15/2024 | 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
Dell Technologies Inc. DELL 4.02
Booking Holdings Inc BKNG 3.90
Wells Fargo Co WFC 3.70
GE Aerospace GE 3.29
MercadoLibre Inc MELI 3.15
CrowdStrike Holdings Inc. CRWD 2.53
Costco Wholesale COST 2.51
Marathon Petro MPC 2.40
MONOLITHIC POWER SYSTEMS ORD MPWR 2.08
Humana HUM 1.98
Mckesson Corp MCK 1.89
Citigroup C 1.87
US BANCORP USB 1.79
Capital One Financial Corporation COF 1.73
ZSCALER INC ZS 1.73
Goldman Sachs GS 1.70
Arista Networks Inc ANET 1.69
Pinterest Inc. PINS 1.67
Fortinet FTNT 1.64
eBay EBAY 1.63
Moderna Inc. MRNA 1.61
Cummins CMI 1.44
HP Inc. HPQ 1.39
Valero Energy VLO 1.36
Deckers DECK 1.34
Truist Financial Corporation TFC 1.29
NetApp NTAP 1.26
JPMorgan Chase JPM 1.22
Centene Corp CNC 1.22
Qualcomm QCOM 1.21
Williams-Sonoma Inc WSM 1.15
Bank of New York Mellon BK 1.11
Synchrony Financial SYF 1.11
HUNTINGTON BANCSHARES INC HBAN 1.10
CARDINAL HEALTH INC CAH 1.10
Bank of America BAC 1.09
Pure Storage 1.09
Vistra Corp 1.07
DraftKings Inc. DKNG 1.07
Applied Materials AMAT 1.04
Cisco Systems CSCO 1.04
AFLAC INC AFL 1.02
Citizens Financial Group Inc CFG 1.01
Expedia Group Inc EXPE 1.01
Anthem Inc. ELV 1.00
DISCOVER FINANCIAL SERVICES UN DFS 1.00
DOW INC DOW 0.96
CARRIER GLOBAL CORP CARR 0.95
Nucor Corp NUE 0.95
State Street STT 0.94
DATADOG INC DDOG 0.93
Emcor Group Inc EME 0.93
DoorDash INC DASH 0.93
Fifth Third Bancorp FITB 0.92
Archer Daniels Midland ADM 0.89
KeyCorp KEY 0.89
Jabil Circuit INC 0.84
Steel Dynamics, Inc. STLD 0.81
Omnicom Group Inc OMC 0.79
NVR Inc NVR 0.78
M&T Bank Corp. MTB 0.78
THE ALLSTATE CORPORATION 0.78
Nutanix Inc 0.77
Dick's Sporting Goods Inc DKS 0.76
Expditors International of Washington Inc EXPD 0.73
Molina Healthcare Inc 0.70
TOLL BROTHERS INC TOL 0.65
3M MMM 0.65
Natera Inc. 0.63
Raymond James Finc 0.62
Equitable Holdings Inc 0.55
Best Buy BBY 0.54
TEXTRON INC 0.53
INTERACTIVE BROKERS GROUP CL A ORD IBKR 0.52
FOX CORP FOXA 0.52
Owens Corning 0.52

Source: INDXX, as of July 15, 2024.

Constituent Weightings