ETRACS 2x Leveraged US Si... (IWML)
AMEX: IWML
· Real-Time Price · USD
20.40
0.10 (0.52%)
At close: Aug 18, 2025, 1:29 PM
20.30
-0.51%
Pre-market: Aug 18, 2025, 09:42 AM EDT
0.52% (1D)
| Bid | 19.62 |
| Market Cap | 5.73M |
| AUM | 19.08M |
| NAV | 19.01 |
| EPS (ttm) | n/a |
| PE Ratio (ttm) | n/a |
| Shares Out | 280.84K |
| Inception Date | Feb 9, 2021 |
| Ask | 20.5 |
| Volume | 15.98K |
| Open | 20.40 |
| Previous Close | 20.30 |
| Day's Range | 20.40 - 20.40 |
| 52-Week Range | 12.09 - 27.00 |
| Holdings | 0 |
| Expense Ratio | 0.95% |
About IWML
As a levered product, IWML is not a buy-and-hold ETN, it's a short-term tactical instrument designed to provide 2x exposure to the Russell 2000. The underlying index consists primarily of small-caps, but also drifts into midcaps and heavily into micro-caps, overall representing approximately 10% of the total market. Like many levered funds, IWML delivers 2x exposure only for one day. The fund also resets its leverage quarterly. Keep in mind this is an exchange-traded note, as such, investors also assume the credit risk of UBS. Index reconstitution is done annually.
Asset Class Equity
Ticker Symbol IWML
Inception Date Feb 9, 2021
Provider Other
Website Fund Home Page
Exchange AMEX