SCDL - ETRACS 2x Leveraged US Dividend Factor TR ETN
SCDL provides 2x leveraged exposure to the Dow Jones US Dividend 100 Index. This market-capitalization-weighted benchmark systematically excludes Real Estate Investment Trusts and screens for companies with a consistent dividend payment history of at least ten years. The portfolio's selection is guided by several key fundamental metrics, including cash-flow to debt ratio, return on equity (ROE), dividend yield, and dividend growth rates.
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Market Cap
- $10.6M
- Beta
- 1.15
- 52-Week Range
- 36-55.9
- IPO Date
- Feb 9, 2021
- Exchange
- AMEX
SCDL Options Snapshot
Options pricing data for SCDL 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 SCDL 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 SCDL overview questions
- What is SCDL?
- SCDL is the ticker symbol for ETRACS 2x Leveraged US Dividend Factor TR ETN, an listed exchange-traded fund. SCDL provides 2x leveraged exposure to the Dow Jones US Dividend 100 Index. This market-capitalization-weighted benchmark systematically excludes Real Estate Investment Trusts and screens for companies with a consistent dividend payment history of at least ten years. Listed on AMEX. SCDL 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 SCDL's key statistics?
- ETRACS 2x Leveraged US Dividend Factor TR ETN (SCDL) carries a market capitalization of $10.6M, 52-week range of 36-55.9. 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 SCDL belong to?
- ETRACS 2x Leveraged US Dividend Factor TR ETN 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 SCDL'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 SCDL data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for SCDL, 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.