IFEDETRACS IFED Invest with the Fed TR Index ETN

Grow my money4y track recordRanked #1,979 of 2,960 in this goal

Provides exposure to the IFED Large-Cap US Equity Index Total Return, less a Daily Tracking Fee.

By UBS · Launched 2021

Annual Cost

0.45%

#2,223 of 5,562 · average

Fund Size

$50M

#3,581 of 5,562 · mid-size

Return (1Y)Goal

+3.4%

Track Record

4 years

#2,460 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,323+3.2%

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

How Beacon categorizes this fund

Asset class

Region

Cap

Large

Strategy

Index tracking

Index tracked

IFED Large-Cap US Equity Index Total Return

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

16.8%Moderate

Year-on-year price swings

Max drawdown

-22.4%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.70Decent risk-adjusted returns

Sortino (3Y)

1.01Good downside protection

Objective: Provides exposure to the IFED Large-Cap US Equity Index Total Return, less a Daily Tracking Fee.
Strategy: Tracks the IFED Large-Cap US Equity Index Total Return, which selects large-cap U.S. equities determined by the Index Sponsor to be best positioned to benefit from the prevailing monetary environment. The Index uses a rule-based strategy driven by Federal Reserve monetary policy signals to rotate exposure across U.S. large-cap stocks.
Inception date: September 14, 2021
Fund family: UBS