HDLB
·ARCA
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Key Stats
Assets Under Management
5.91MUSD
Fund Flows (1Y)
-3.05MUSD
Dividend Yield
12.37%
Discount/Premium to NAV
0.33%
Shares Outstanding
400.00K
Expense Ratio
1.65%
About ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B
Issuer
UBS
Brand
ETRACS
Inception Date
Oct 24, 2019
Structure
Exchange-Traded Note
Index Tracked
Solactive US High Dividend Low Volatility Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
--
Distributor
UBS Securities LLC
HDLB is an income play. The underlying index selects from the 1,000 largest stocks, 80 companies with the highest expected yield based on analyst estimates. From these 80 names, it selects 40 with lower volatility over the past year. The low volatility screen simply aims to dampen the risk of picking stocks with the highest yield — risk that would be amplified by the note's leverage. The portfolio is weighted by liquidity. HDLB pays a monthly coupon- unusual for an ETN. It also resets its leverage monthly rather than daily. Liquidity of the note is an important consideration for investors. Like all ETNs, HDLB is not directly backed by stocks but by the credit of the issuing bank-UBS in this case. Another ETN byproduct: coupons are taxed as ordinary income, not qualified dividends.
Classification
Asset Class
Equity
Category
Size and Style
Focus
Large Cap
Niche
Broad-based
Strategy
Multi-factor
Geography
U.S.
Weighting Scheme
Liquidity
Selection Criteria
Multi-factor
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | -2.18% | -7.46% | +9.36% | +10.71% | +10.05% | +30.24% |
NAV Total Return | -2.62% | -8.29% | +25.10% | +16.49% | +48.12% | +91.67% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
No data is currently available
Asset
No data is currently available
Region
No data is currently available
Investment Style
Mega
Large
Medium
Multi
Small
Value
Blend
Growth
Large-Cap Blend
Invests in large-cap companies with both growth and value characteristics. These ETFs offer diversified exposure to stable, well-established companies.
Top 10 Holdings
Symbol
Ratio
Pfizer
10.89%
Verizon Communications Inc.
10.16%
Chevron
9.89%
Altria Group Inc.
5.75%
Kraft Heinz
4.79%
Kinder Morgan Inc
4.56%
Crown Castle International Corp.
3.70%
Realty Income Corp
3.60%
Simon Property Group
3.49%
Dominion Energy
3.36%
Top 10 Weight 60.19%
40 Total Holdings
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-12-12 | 2025-12-12 | 2025-12-22 | 0.174 |
| 2025-11-12 | 2025-11-12 | 2025-11-20 | 0.122 |
| 2025-10-10 | 2025-10-10 | 2025-10-21 | 0.188 |
| 2025-09-15 | 2025-09-15 | 2025-09-23 | 0.133 |
| 2025-08-12 | 2025-08-12 | 2025-08-20 | 0.133 |
| 2025-07-14 | 2025-07-14 | 2025-07-22 | 0.217 |
| 2025-06-12 | 2025-06-12 | 2025-06-23 | 0.173 |
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Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
