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HDLBETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN

Grow my moneyGet income6y track recordRanked #1,536 of 1,650 in this goal

Seeks to provide monthly payments at a rate of 2x the performance of the underlying high dividend low volatility index.

By UBS · Launched 2019

Annual Cost

0.00%

#5,861 of 5,861 · expensive

Fund Size

$5M

#5,192 of 5,861 · small

Return (1Y)Goal

+25.4%

Track Record

6 years

#1,944 of 5,861 · established

Performance

Total-return NAV · USD
Growth of $10,000
$12,517+25.2%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Leveraged

Factor

Dividend

Index tracked

Solactive US High Dividend Low Volatility Index

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
28.7%High

Year-on-year price swings

Max drawdown
-77.5%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.85Decent risk-adjusted returns
Sortino (3Y)
1.21Good downside protection

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks to provide monthly payments at a rate of 2x the performance of the underlying high dividend low volatility index.
Strategy
Invests primarily in a portfolio of U.S. high dividend low volatility stocks, aiming for 2x leveraged exposure. The fund pays monthly contingent coupons based on the performance of the underlying assets.
Inception date
October 25, 2019
Fund family
UBS

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged
Warning

Your return drifts the longer you hold

Leverage amplifies the index's daily move, by 2x or 3x. The fund resets every day, so over weeks and months your real return drifts from that multiple. It can run ahead in a smooth climb and bleed in a choppy one. Hold one for months and you own a different bet than the label suggests.

Sources: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-04