ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B (SMHB)
ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $4.08, up 1.12% on the session, giving a market capitalisation of $22.0M. Its beta of 1.69 implies it has historically moved more than the broad market.
This exchange-traded note tracks an index composed of 100 U.S.-based companies, chosen for their smaller market value and regular dividend payments. The index is designed to gauge the performance of these selected firms. This ETN offers two times (2x) leveraged exposure to the index's monthly performance, meaning it will double both the gains and losses, with these effects compounded on a monthly basis.
ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B is most often compared with the following Financial Services names: