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SCDL
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ETRACS 2x Leveraged US Dividend Factor TR ETN (SCDL)

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$38.67
Last Close (24-hour delay)
Profit since last BUY4.46%
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Consider higher Upturn Star rating
BUY since 45 days
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  • SELL Advisory (Loss)​
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Upturn Advisory Summary

08/14/2025: SCDL (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

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 0.07%
Avg. Invested days 47
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
ETF Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

Key Highlights

Volume (30-day avg) -
Beta 1.54
52 Weeks Range 29.83 - 44.90
Updated Date 06/29/2025
52 Weeks Range 29.83 - 44.90
Updated Date 06/29/2025

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ETRACS 2x Leveraged US Dividend Factor TR ETN

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ETF Overview

overview logo Overview

The ETRACS 2x Leveraged US Dividend Factor TR ETN (DIVL) is an exchange-traded note that offers 2x leveraged exposure to the performance of the Solactive US Dividend Factor TR Index. It is designed for investors seeking enhanced returns based on a dividend-focused strategy.

reliability logo Reputation and Reliability

UBS is a reputable global financial services company with a history of offering various investment products.

reliability logo Management Expertise

UBS has experience in managing and structuring ETNs, though the index methodology is the key driver of performance.

Investment Objective

overview logo Goal

To provide investors with 2x leveraged exposure to the Solactive US Dividend Factor TR Index.

Investment Approach and Strategy

Strategy: The ETN seeks to deliver twice the total return of the Solactive US Dividend Factor TR Index, before fees and taxes.

Composition The index comprises US-listed companies selected based on dividend yield and other factor considerations.

Market Position

Market Share: Data not readily available to precisely define market share in the leveraged dividend ETF category.

Total Net Assets (AUM): 13668746

Competitors

overview logo Key Competitors

  • SDIV
  • DVYL
  • HDLV

Competitive Landscape

The leveraged ETF market is highly competitive. DIVL's primary advantage is its 2x leverage, potentially providing higher returns but also greater risk compared to unleveraged competitors. Its disadvantage is its ETN structure, which introduces credit risk associated with the issuer, and its smaller AUM compared to larger, more established dividend ETFs.

Financial Performance

Historical Performance: Historical performance data is highly variable due to the leveraged nature of the product and market conditions.

Benchmark Comparison: The ETF aims to deliver twice the return of its benchmark index, but tracking error and fees can impact this relationship.

Expense Ratio: 0.9

Liquidity

Average Trading Volume

The ETF's average trading volume is relatively low, potentially impacting execution costs.

Bid-Ask Spread

The bid-ask spread can be wider compared to more liquid ETFs, which can increase the cost of trading.

Market Dynamics

Market Environment Factors

Economic conditions, interest rates, and dividend policies of companies within the underlying index can affect DIVL's performance.

Growth Trajectory

Growth is tied to the performance of the Solactive US Dividend Factor TR Index. Changes in sector allocation, dividend policies, or index construction impact its value.

Moat and Competitive Advantages

Competitive Edge

DIVL's competitive edge lies primarily in its 2x leveraged exposure to a dividend factor strategy. This provides an opportunity for amplified returns when the underlying dividend stocks perform well. However, this leverage comes with increased risk. Also, as an ETN, DIVL carries issuer credit risk. This means an investor may not receive all returns due to the issuer's financial instability or bankruptcy.

Risk Analysis

Volatility

DIVL exhibits high volatility due to its 2x leverage, amplifying both gains and losses.

Market Risk

The ETF is subject to market risk associated with equity investments and the specific stocks included in the Solactive US Dividend Factor TR Index.

Investor Profile

Ideal Investor Profile

DIVL is suited for sophisticated investors with a high-risk tolerance and a short-term investment horizon who understand the risks associated with leveraged products.

Market Risk

DIVL is better suited for active traders or those seeking short-term tactical positions rather than long-term passive investors.

Summary

DIVL is a 2x leveraged ETN designed to track the Solactive US Dividend Factor TR Index, offering potentially higher returns with significantly increased risk. The ETN structure introduces credit risk. Its leveraged nature makes it suitable for short-term tactical trades by experienced investors with a high risk tolerance. Investors should carefully consider the impact of compounding and the potential for significant losses.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Bloomberg
  • ETF.com
  • Issuer's official website

Disclaimers:

The data and analysis provided are for informational purposes only and do not constitute investment advice. Past performance is not indicative of future results. Investing in leveraged ETFs carries significant risk.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About ETRACS 2x Leveraged US Dividend Factor TR ETN

Exchange NYSE ARCA
Headquaters -
IPO Launch date -
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website

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