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Upturn AI SWOT - About
ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (CEFD)
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Upturn Advisory Summary
10/24/2025: CEFD (1-star) is a SELL. SELL since 5 days. Simulated Profits (10.35%). Updated daily EoD!
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 13.43% | Avg. Invested days 57 | Today’s Advisory SELL |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/24/2025 |
Key Highlights
Volume (30-day avg) - | Beta 26.18 | 52 Weeks Range 14.60 - 19.52 | Updated Date 06/30/2025 |
52 Weeks Range 14.60 - 19.52 | Updated Date 06/30/2025 |
Upturn AI SWOT
ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN
ETF Overview
Overview
The ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (CEFL) is an exchange-traded note that provides 1.5 times leveraged exposure to the ISE High Income Index, which tracks the performance of U.S.-listed closed-end funds.
Reputation and Reliability
UBS is a large global financial institution. ETNs carry the credit risk of the issuer.
Management Expertise
UBS has experience in structuring and managing exchange-traded products.
Investment Objective
Goal
To provide leveraged exposure to the performance of the ISE High Income Index, aiming for enhanced monthly income.
Investment Approach and Strategy
Strategy: Tracks the ISE High Income Index with 1.5x leverage.
Composition The index holds a basket of closed-end funds (CEFs) across various asset classes, primarily focused on income generation.
Market Position
Market Share: CEFLu2019s market share is relatively small within the leveraged ETN space, as it is a niche product.
Total Net Assets (AUM): 115000000
Competitors
Key Competitors
- MORL
- BDCL
- SDIV
Competitive Landscape
The leveraged ETN market is competitive. CEFL offers leveraged exposure to CEFs, while its competitors focus on different high-yield sectors like mREITs (MORL) or business development companies (BDCL). CEFL can offer higher income, but leveraged products are riskier and face potential for principal erosion.
Financial Performance
Historical Performance: CEFL's performance has been highly volatile due to its leveraged nature and the underlying assets' sensitivity to interest rates and credit spreads.
Benchmark Comparison: Difficult to compare directly due to leverage. Performance will deviate significantly from the unleveraged index.
Expense Ratio: 0.5
Liquidity
Average Trading Volume
CEFL's trading volume is moderate, which could lead to wider bid-ask spreads at times.
Bid-Ask Spread
The bid-ask spread can vary but is generally wider than more liquid ETFs due to its leveraged nature and the underlying assets.
Market Dynamics
Market Environment Factors
Performance is heavily influenced by interest rate movements, credit market conditions, and the overall health of the closed-end fund market.
Growth Trajectory
Growth depends on investor appetite for leveraged income products and the performance of CEFs.
Moat and Competitive Advantages
Competitive Edge
CEFL's key advantage lies in providing leveraged access to a diversified portfolio of high-yielding closed-end funds. This structure allows investors to potentially achieve higher income than unleveraged CEF investments. The monthly pay feature is also attractive to income-seeking investors. However, the leveraged nature of the product adds significant risk, and the ETN structure exposes investors to the credit risk of UBS, the issuer.
Risk Analysis
Volatility
High volatility due to 1.5x leverage and the inherent volatility of CEFs.
Market Risk
Significant market risk tied to interest rates, credit spreads, and the performance of underlying closed-end funds. ETN structure adds credit risk of the issuer.
Investor Profile
Ideal Investor Profile
Suitable for sophisticated investors seeking high monthly income and who understand and are willing to accept the risks associated with leveraged products and ETNs.
Market Risk
Best suited for active traders with a high-risk tolerance and a short-term investment horizon.
Summary
CEFL is a leveraged ETN that provides exposure to a portfolio of closed-end funds and offers monthly income. It's designed for investors seeking enhanced yield but comes with high volatility and the credit risk of the issuer. Due to the leveraged nature, CEFL is suitable for sophisticated investors with a strong understanding of the risks involved, and better suited for active investors rather than long-term ones. Understanding of the underlying index and how CEFL will track the index is important due to risks from CEFL's volatility and leverage.
Peer Comparison
Sources and Disclaimers
Data Sources:
- UBS ETRACS website
- ETF.com
- Morningstar
- ISE High Income Index Fact Sheet
Disclaimers:
This analysis is for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results. Investing in leveraged ETNs involves significant risks, including the potential loss of principal.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The index is a mutual fund index designed to serve as a benchmark for closed-end funds listed in the U.S. that are principally engaged in asset management processes designed to produce taxable annual yield.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.