The ETRACS 2x Leveraged US Growth Factor TR ETN, trading under the ticker IWFL, is an innovative financial instrument designed to cater to investors seeking amplified exposure to the dynamic segment of U.S. large-cap growth stocks. This Exchange-Traded Note (ETN) is part of the Size and Style category, with a specialized focus on the Large Cap Growth niche, capturing the essence of prominent corporations with robust growth potential.
IWFL is engineered to deliver twice the daily return of its underlying index, providing investors with leveraged access to the growth factor of large-cap stocks, which often feature companies characterized by rapid earnings expansion and strong market positioning. This makes the ETN an appealing choice for those with a higher risk tolerance aiming to capitalize on the upward momentum of the U.S. equity market.
In the current financial landscape, where innovation and market leadership are paramount, IWFL stands out by offering a strategic investment opportunity that aligns with the ambitions of growth-focused investors. Whether you are an experienced trader seeking to leverage the potential of large-cap growth equities or a portfolio manager looking to enhance your growth exposure, IWFL presents a compelling option that combines leverage with targeted market insights.
ETRACS 2x Leveraged US Growth Factor TR ETN (IWFL) Fund Flow Chart
ETRACS 2x Leveraged US Growth Factor TR ETN (IWFL) 1 year Net Flows: -30M
IWFL ETF FAQ
What was IWFL’s price range in the past 12 months?
IWFL lowest ETF price was 31.68 and its highest was 53.85 in the past 12 months.
What is the AUM of IWFL?
As of Feb 19, 2025 The AUM of IWFL is 15.45M.
Is IWFL overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does IWFL pay dividends?
IWFL does not currently pay dividends.
How many shares outstanding does IWFL have?
IWFL has 300,000 shares outstanding.
Which hedge fund is a major shareholder of IWFL?
Currently, no hedge funds are holding shares in IWFL