UBS ETRACS Monthly Pay 2xLeveraged S&P Dividend ETN (SDYL)
UBS ETRACS Monthly Pay 2xLeveraged S&P Dividend ETN operates in the Asset Management - Leveraged industry of the Financial Services sector. The stock last traded at $85.78, down 0.04% on the session, giving a market capitalisation of $9.7M. Its beta of 1.74 implies it has historically moved more than the broad market.
This investment vehicle endeavors to mirror, after subtracting its operating expenses, twice the monthly compounded returns of the S&P High Yield Dividend Aristocrats Index. The constituents of this benchmark index are the sixty companies, drawn from the broader S&P Composite 1500 Index, that boast the highest dividend yields and have a documented history of consistently increasing their dividend payouts annually for at least twenty-five consecutive years.
UBS ETRACS Monthly Pay 2xLeveraged S&P Dividend ETN is most often compared with the following Financial Services names: