MLPA vs. BDCZ ETF Comparison
Comparison of Global X MLP ETF (MLPA) to ETRACS Wells Fargo Business Development Company Index ETN Series B due April 26, 2041 (BDCZ)
MLPA
Global X MLP ETF
MLPA Description
The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive MLP Composite Index ("underlying index"). The fund invests at least 80% of its net assets in the securities of the underlying index. Moreover, at least 80% of the fund's net assets will be invested in securities that have economic characteristics of the Master Limited Partnership ("MLP") asset class. The underlying index is intended to give investors a means of tracking the overall performance of the United States master limited partnerships (MLP) asset class. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$47.30
Average Daily Volume
140,125
19
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
$19.57
Average Daily Volume
3,195
23
Performance
| Period | MLPA | BDCZ |
|---|---|---|
| 30 Days | 4.13% | 4.56% |
| 60 Days | 1.95% | 5.60% |
| 90 Days | 4.70% | 6.18% |
| 12 Months | 22.38% | 29.97% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MLPA | Weight in BDCZ | Overlap |
|---|
MLPA Underweight 23 Positions Relative to BDCZ
| Symbol | Grade | Weight | |
|---|---|---|---|
| ARCC | B | -17.86% | |
| FSK | B | -11.43% | |
| MAIN | C | -5.85% | |
| PSEC | C | -5.48% | |
| TSLX | C | -4.71% | |
| GBDC | C | -4.5% | |
| GSBD | C | -4.48% | |
| HTGC | C | -4.42% | |
| NMFC | C | -3.68% | |
| OCSL | C | -3.54% | |
| TCPC | C | -2.36% | |
| CGBD | C | -2.28% | |
| BCSF | C | -2.09% | |
| SLRC | A | -2.05% | |
| NEWT | C | -1.96% | |
| CSWC | C | -1.82% | |
| BBDC | B | -1.72% | |
| GAIN | B | -1.69% | |
| TPVG | F | -1.57% | |
| PFLT | C | -1.45% | |
| PNNT | B | -1.4% | |
| FDUS | C | -1.28% | |
| GLAD | B | -1.22% |
MLPA: Top Represented Industries & Keywords
BDCZ: Top Represented Industries & Keywords
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