FAAR vs. BDCZ ETF Comparison
Comparison of First Trust Alternative Absolute Return Strategy ETF (FAAR) to ETRACS Wells Fargo Business Development Company Index ETN Series B due April 26, 2041 (BDCZ)
FAAR
First Trust Alternative Absolute Return Strategy ETF
FAAR Description
The First Trust Alternative Absolute Return Strategy ETF seeks to achieve long-term total return using a long/short commodities strategy. The fund intends to invest primarily in exchange-listed commodity futures contracts through a wholly-owned subsidiary.
Grade (RS Rating)
Last Trade
$28.44
Average Daily Volume
39,398
Number of Holdings
*
1
* may have additional holdings in another (foreign) market
BDCZ
ETRACS Wells Fargo Business Development Company Index ETN Series B due April 26, 2041
BDCZ Description
The ETRACS Wells Fargo® Business Development Company Index ETN Series B due April 26, 2041 are senior unsecured debt securities issued by UBS AG (UBS) that provide exposure to the performance of the Wells Fargo® Business Development Company Index. The index is intended to measure the performance of all business development companies listed on the NYSE or NASDAQ that satisfy specified market capitalization and other eligibility requirements. It refer to the business development companies (“BDCs”) included in the Wells Fargo® Business Development Company Index as the “index constituents.” The index is a proprietary index of Wells Fargo Securities, LLC.Grade (RS Rating)
Last Trade
$19.75
Average Daily Volume
3,360
Number of Holdings
*
23
* may have additional holdings in another (foreign) market
Performance
| Period | FAAR | BDCZ |
|---|---|---|
| 30 Days | -0.97% | 2.43% |
| 60 Days | -1.21% | 3.52% |
| 90 Days | 0.68% | 7.45% |
| 12 Months | 0.71% | 28.82% |
0 Overlapping Holdings
| Symbol | Grade | Weight in FAAR | Weight in BDCZ | Overlap |
|---|
FAAR Overweight 1 Positions Relative to BDCZ
| Symbol | Grade | Weight | |
|---|---|---|---|
| FCRX | A | 21.59% |
FAAR Underweight 23 Positions Relative to BDCZ
| Symbol | Grade | Weight | |
|---|---|---|---|
| ARCC | A | -17.86% | |
| FSK | A | -11.43% | |
| MAIN | C | -5.85% | |
| PSEC | B | -5.48% | |
| TSLX | A | -4.71% | |
| GBDC | C | -4.5% | |
| GSBD | C | -4.48% | |
| HTGC | A | -4.42% | |
| NMFC | B | -3.68% | |
| OCSL | D | -3.54% | |
| TCPC | B | -2.36% | |
| CGBD | B | -2.28% | |
| BCSF | C | -2.09% | |
| SLRC | A | -2.05% | |
| NEWT | C | -1.96% | |
| CSWC | C | -1.82% | |
| BBDC | A | -1.72% | |
| GAIN | C | -1.69% | |
| TPVG | C | -1.57% | |
| PFLT | C | -1.45% | |
| PNNT | A | -1.4% | |
| FDUS | B | -1.28% | |
| GLAD | A | -1.22% |
FAAR: Top Represented Industries & Keywords
Industries:
BDCZ: Top Represented Industries & Keywords
Compare ETFs
