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ETF ProvidersUBSIWML
ETF screener
IWML
US90278V4041
Passive ETNEquity

IWML ETN · ETRACS 2x Leveraged US Size Factor TR ETN

The IWML Exchange Traded Note (ETN) is provided by UBS. It is built to track an index: Russell 2000 Index. The dividend policy is capitalization.
Last update 4/24/2026, 1:30 PM UTC
LIVE
CLOSED
This fund is part ofLeveraged Equity1M perf.+44.11%
Last price
$29.02
1M perf.
+24.51%
1M flows
N/A
AuM
€5M
E/R
0.95%
Rating
Not rated
ESG Consensus®
esg grade icon
IWML
$29.02

Performance & flows

January 22, 2026 → April 22, 2026
0-20-15-10-505%FEBMARAPRFEBMARAPR
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IWML
$29.01
+3.76%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
+24.51%
+3.76%
+102.73%
+90.10%
+13.00%
+24.35%
+24.35%
+23.76%
Flows

Key fund info

This ETF's jurisdiction country is not in your region (Europe and Middle East) · 
Main characteristics
Issuer
CUSIP
90278V404
ISIN
US90278V4041
AuM
€5M
E/R
0.95%
Replication rating
Not rated
ESG Consensus®
esg grade icon
More details
NAV
4/22/2026
$29.01
1D NAV change
+1.40%
Dividend policy
No income
Replication method
Other
Replication model
Other
No. of holdings
N/A
Inception date
2/5/2021
Jurisdiction
United States
Distribution
United States
Legal structure
Debt instrument
Base currency
USD
Classification
Product type
Asset class
Factors
N/A
Investment strategy
The ETRACS 2x Leveraged US Size Factor TR ETN is designed to provide 2 times leveraged long exposure to the compounded quarterly performance of the Russell 2000 TR USD Index, less financing costs and tracking fees.  
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile

Historical risk/return profile

3M1Y3Y5Y
Returns
+3.76%
+102.73%
+90.10%
+13.00%
Volatility
Perf./Volatility
Max drawdown
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
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Exposure

To find out more about IWML's exposure, please refer to the as provided by UBS.

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Sustainability

Integrates ESG criteria
No
SDG
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Issuer

UBS
UBS ID Card
Number of funds
451
Total AuM
€168.64B
Expense ratio range
0.03% - 0.95%
Average expense ratio
0.2371%
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Frequently asked questions about IWML

What does ETRACS 2x Leveraged US Size Factor TR ETN, IWML, invest in?

IWML is a Passive ETF. This ETN provides leveraged exposure (2x) to Small Cap US Equities.

Which benchmark or index does IWML replicate?

IWML tracks the Russell 2000 Total Return Index - USD, through a replication method.

What is the Total Expense ratio (TER) of IWML?

IWML carries a total expense ratio (TER) of 0.95%, indicating the annual cost for holding the fund.

When was IWML launched?

IWML was introduced to the market on February 5, 2021. It trades on United States

Who is the ETF issuer of IWML?

ETRACS 2x Leveraged US Size Factor TR ETN, IWML, is provided by UBS. Learn more about UBS here.

What is the current assets under management (AUM) of IWML?

IWML oversees €5M in assets as of April 22, 2026.

How has IWML performed lately?

Based on data from April 22, 2026, IWML returned 24.51% over the past month, 3.76% over the last three months and 23.76% year-to-date.

What is the base currency of IWML?

The base currency of IWML is USD.

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