ETRACS Monthly Pay 2x Leveraged Small-Cap High Dividend ETN Series B
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNYSE
Market Capitalization17.26 mln
Business Description
This index tracks 100 smaller U.S.-listed companies known for paying dividends. The linked securities offer twice the monthly returns of the index, meaning investors gain double the upside when the index rises but also face double the losses when it falls.