HDLV - ETRACS 2x Leveraged ETN Snapshot: January 2019
This article was first published in mid-January.
For the inaugural edition of the ETRACS 2x Leveraged ETN Snapshot, please see here. Data are taken from the close of January 18, 2018.
Fund additions, closures, or notable adjustments
None.
The funds
Note: BER = baseline expense ratio (excluding 3-month LIBOR, but including financing spread), TER = total expense ratio (including 3-month LIBOR and financing spread). Adjusted TER = TER/2 (to account for the 200% leverage and to enable comparison with 1x funds).
Assets and volume
The chart below shows the assets under management and