IWML Total Return (19 insightful charts)



This page includes 19 unique total return charts for ETRACS US Size Factor TR 2x ETN (IWML).

Tip: Event charts help illustrate performance since a pivotal event. They also double as a short-term relative strength chart.


To provide a sense of the near-term trend, the following chart illustrates the daily total return for ETRACS US Size Factor TR 2x ETN (IWML) over the past year.

IWML 1-year total return chart


For a longer-term perspective, the following chart presents total return performance since 2000 (or since inception) for ETRACS US Size Factor TR 2x ETN (IWML).

IWML total return chart


It’s been said that investors should not fight the Fed. To that end, the following chart presents the daily total return performance for ETRACS US Size Factor TR 2x ETN (IWML) (blue line) as well as the S&P 500 (gray line) from the last close before the Federal Reserve began increasing the benchmark fed funds rate (March 15, 2022) to today.

IWML Event C total return chart


War can certainly impact people’s lives, the global order, and a fund’s performance. The following chart presents the daily total return performance for ETRACS US Size Factor TR 2x ETN (IWML) (blue line) as well as the S&P 500 (gray line) from the last close before Russia fully invaded Ukraine (February 24, 2022) to today.

IWML Event A total return chart


The S&P 500 peaked (and entered a bear market) on January 3, 2022. So how has ETRACS US Size Factor TR 2x ETN (IWML) (blue line) and the S&P 500 (gray line) performed from that significant S&P 500 peak? The following post-S&P 500 peak chart answers that question.

IWML Event 4 total return chart


So how has ETRACS US Size Factor TR 2x ETN (IWML) (blue line) and the S&P 500 (gray line) performed from the day before inflation picked up on Febuary 10, 2021 until today? The following post-inflation total return chart illustrates the answer.

IWML Event 2 total return chart


The following chart presents the year-to-date total return performance of ETRACS US Size Factor TR 2x ETN (IWML) relative to six major asset types.

IWML vs assets total return chart


The following chart presents the year-to-date total return performance of ETRACS US Size Factor TR 2x ETN (IWML) relative to six major U.S. stock market indexes.

IWML vs US stock market indexes chart


The following chart presents the year-to-date total return performance of ETRACS US Size Factor TR 2x ETN (IWML) relative to stocks of six major countries plus emerging markets.

IWML vs major countries chart


So how much has ETRACS US Size Factor TR 2x ETN (IWML) declined from its peak? When the blue line is at 0%, the ETF is (or was) at its peak. Otherwise, it is (or was) below its peak by the amount indicated on the y-axis. Like all other charts on this page, this chart uses total return data.

IWML total return drawdown chart


The toal return chart below illustrates the performance of ETRACS US Size Factor TR 2x ETN (IWML) (blue line) and S&P 500 (gray line) during the Covid bear market.

IWML covid bear market total return chart


The total return chart below illustrates the performance of ETRACS US Size Factor TR 2x ETN (IWML) (blue line) and S&P 500 (gray line) during the financial crisis bear market.

IWML financial crisis bear market total return chart



The total return chart below presents the relative strength of ETRACS US Size Factor TR 2x ETN (IWML) as compared to the benchmark S&P 500. When the blue line in the chart is trending up, the ETF is outperforming the S&P 500 and when it is moving down it is underperforming.

IWML relative strength total return chart


The following total return chart illustrates the relative strength of ETRACS US Size Factor TR 2x ETN (IWML) as compared to the popular/tech-laden Nasdaq 100. When the blue line in the chart is moving up, the ETF is outperforming the Nasdaq 100 and when it is trending down — underperforming.

IWML relative strength vs nasdaq 100 total return chart


The total return chart below presents the relative strength of ETRACS US Size Factor TR 2x ETN (IWML) as compared to the Russell 2000 (i.e., small-cap stock index). When the blue line in the chart is working its way higher, the ETF is outperforming the Russell 2000 and when it is headed lower it is underperforming.

IWML relative strength vs russell 2000 total return chart


The following total return chart illustrates the inflation-adjusted performance for ETRACS US Size Factor TR 2x ETN (IWML). The U.S. dollar tends to lose purchasing power over time. The following chart adjusts for the ever shrinking dollar so you can see what real total return gains the ETF is actually providing.

IWML inflation-adjusted total return chart


So how is ETRACS US Size Factor TR 2x ETN (IWML) performing when priced in that other world currency — gold? The following gold-adjusted chart answers that question.

IWML vs gold total return chart


The following total return chart presents the average year performance for ETRACS US Size Factor TR 2x ETN (IWML). There is a season for all things. Well, at least some things.

IWML average year total return chart


The total return chart below provides a slightly differnet perspective to seasonality. It illustrates the average year for ETRACS US Size Factor TR 2x ETN (IWML) divided by the S&P 500. When the blue line is trending higher, the ETF has outperformed the S&P 500 on average during that part of the year. When the blue line is moving lower, the ETF has underperformed the S&P 500 — on average.

IWML relative strength average year total return chart