Key stats
About ETRACS IFED Invest with the Fed TR Index ETN due September 15, 2061
Home page
Inception date
Sep 14, 2021
Structure
Exchange-Traded Note
Distribution tax treatment
No distributions
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
UBS Asset Management (Americas) LLC
ISIN
US90278V7689
IFED tracks a total return index that invests in large-cap US securities that the issuer believes is best positioned to benefit from the current monetary landscape. The index will use a proprietary methodology to classify the prevailing monetary environment as expansive, restrictive, or indeterminate. The 500 largest NYSE-listed stocks are then scored by several fundamental metrics, based on their potential to benefit from the current environment, where 75 of the best scoring stocks are selected for inclusion. The selected stocks are also weighted using their score with additional factors like liquidity, individual stock, and sector weights. The index is rebalanced when the prevailing monetary environment changes. Note: As an ETN, IFDL carries the credit risk of the issuer, UBS
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
IFED assets under management is 77.33 M USD. It's risen 2.74% over the last month.
IFED fund flows account for −13.33 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, IFED doesn't pay dividends to its holders.
IFED shares are issued by UBS Group AG under the brand ETRACS. The ETF was launched on Sep 14, 2021, and its management style is Passive.
IFED expense ratio is 0.45% meaning you'd have to pay 0.45% of your investment to help manage the fund.
IFED follows the IFED Large-Cap US Equity Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
IFED price has risen by 2.59% over the last month, and its yearly performance shows a 18.19% increase. See more dynamics on IFED price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.33% over the last month, showed a 6.28% increase in three-month performance and has increased by 13.18% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.33% over the last month, showed a 6.28% increase in three-month performance and has increased by 13.18% in a year.
IFED trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.