ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN (HDLB) Total Return Calculator
$10,000 since Oct 2019, with and without reinvesting · data through Oct 2026
Since Oct 2019, $10,000 became $14,528 reinvested (5.5% a year), or $11,167 taking the dividends as cash, $4,554 of it paid out along the way.
HDLB became
$14,528
S&P 500: $27,537
Return a year
5.5%
S&P 500: 15.6%
Payouts reinvested
$6,963
bought more shares
Worst drop
-68.6%
S&P 500: -23.9%
$10,000, Oct 2019 to Oct 2026
Payouts reinvested · S&P 500 reinvested
| Year | HDLB total return | Paid out | S&P 500 |
|---|---|---|---|
| 2026 (part) | +18.8% | $1,331 | +11.7% |
| 2025 | +27.2% | $1,435 | +17.7% |
| 2024 | +28.3% | $941 | +24.9% |
| 2023 | −4.1% | $852 | +26.2% |
| 2022 | −10.3% | $912 | −18.2% |
| 2021 | +62.7% | $673 | +28.7% |
| 2020 | −51.0% | $709 | +18.3% |
| 2019 (part) | +9.3% | $109 | +6.6% |
"Paid out" is what your holding received that year. Month-end prices; no costs or taxes.
Key facts: HDLB total return
Data as of · Source: SmarterDividends data
- $10,000 invested in ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN (HDLB) at the end of Oct 2019, with dividends reinvested, was worth $14,528 at the end of Oct 2026: 5.5% a year, against $27,537 (15.6% a year) in the S&P 500.
- Over the 5 years to Oct 2026, HDLB returned 14.4% a year with dividends reinvested (S&P 500: 12.0%).
- Taking HDLB's dividends as cash instead of reinvesting them, the same $10,000 ended at $11,167, including $4,554 of cash received; reinvesting added $3,361.
- HDLB's best calendar year in that time was 2021 (62.7%) and its worst 2020 (-51.0%), with dividends reinvested.
Cite this page
SmarterDividends, "ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN (HDLB) Total Return Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/HDLB/total-return
HDLB total return questions
What is HDLB's total return since Oct 2019?
45% in total, or 5.5% a year, through Oct 2026 with dividends reinvested. The share price alone fell 34%.
How much of HDLB's return came from dividends?
About 100% of its yearly return since Oct 2019. Reinvesting them, rather than taking cash, left you $3,361 better off on a $10,000 start.
What was HDLB's worst year?
2020, at -51.0% with dividends reinvested (S&P 500: 18.3%). Its deepest fall from a peak, on month-end values, was -68.6%.
How is total return calculated here?
From month-end prices: the adjusted price counts every dividend reinvested in the month it was paid; the plain price doesn't. The S&P 500 is SPY with its dividends reinvested. No trading costs or taxes.