HDLB - ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B

The index is designed to measure the performance of 40 dividend yielding, relatively lower volatility Index Constituent Securities from the universe of the largest 1,000 U. S. listed stocks by market capitalization, as described herein.

Sector
Financial Services
Industry
Asset Management - Leveraged
Market Cap
$5.5M
Beta
0.91
52-Week Range
14.33-19.44
Dividend Yield
$1.91
IPO Date
Oct 30, 2019
Exchange
AMEX

HDLB Options Snapshot

Options pricing data for HDLB is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.

What This Page Covers

The HDLB overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.

Frequently asked HDLB overview questions

What is HDLB?
HDLB is the ticker symbol for ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B, an listed exchange-traded fund. The index is designed to measure the performance of 40 dividend yielding, relatively lower volatility Index Constituent Securities from the universe of the largest 1,000 U. S. Listed on AMEX. HDLB is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
What are HDLB's key statistics?
ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (HDLB) carries a market capitalization of $5.5M, 52-week range of 14.33-19.44. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
What sector or industry does HDLB belong to?
ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B operates in the Financial Services sector, in the Asset Management - Leveraged industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare HDLB's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the HDLB data on this page?
Options snapshots refresh after each trading session; if no snapshot is currently posted for HDLB, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.