BDCX vs. ACES ETF Comparison
Comparison of ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN (BDCX) to ALPS Clean Energy ETF (ACES)
BDCX
ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN
BDCX Description
The investment seeks to provide 1.5 times leveraged long exposure to the compounded quarterly performance of the Wells Fargo Business Development Company Index, reduced by the Accrued Fees. The index is intended to measure the performance of all business development companies listed on the New York Stock Exchange, NYSE AMEX or The Nasdaq Stock Market, Inc. that satisfy specified market capitalization and other eligibility requirements. It is a proprietary index of Wells Fargo Securities, LLC.
Grade (RS Rating)
Last Trade
$31.68
Average Daily Volume
1,335
23
ACES
ALPS Clean Energy ETF
ACES Description
The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the CIBC Atlas Clean Energy Index (ticker symbol NACEX) (the "underlying index"). The fund will invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index utilizes a rules-based methodology developed by CIBC National Trust Company (the "index provider"), which is designed to provide exposure to a diverse set of U.S. and Canadian companies involved in the clean energy sector including renewables and clean technology. The fund is non-diversified.Grade (RS Rating)
Last Trade
$27.23
Average Daily Volume
127,231
28
Performance
Period | BDCX | ACES |
---|---|---|
30 Days | 1.38% | -0.58% |
60 Days | 3.42% | -5.68% |
90 Days | 5.75% | -7.61% |
12 Months | 18.59% | -9.81% |
0 Overlapping Holdings
Symbol | Grade | Weight in BDCX | Weight in ACES | Overlap |
---|
BDCX Overweight 23 Positions Relative to ACES
Symbol | Grade | Weight | |
---|---|---|---|
ARCC | A | 17.86% | |
FSK | A | 11.43% | |
MAIN | A | 5.85% | |
PSEC | D | 5.48% | |
TSLX | C | 4.71% | |
GBDC | C | 4.5% | |
GSBD | F | 4.48% | |
HTGC | D | 4.42% | |
NMFC | D | 3.68% | |
OCSL | F | 3.54% | |
TCPC | C | 2.36% | |
CGBD | D | 2.28% | |
BCSF | C | 2.09% | |
SLRC | A | 2.05% | |
NEWT | B | 1.96% | |
CSWC | D | 1.82% | |
BBDC | A | 1.72% | |
GAIN | C | 1.69% | |
TPVG | C | 1.57% | |
PFLT | D | 1.45% | |
PNNT | B | 1.4% | |
FDUS | A | 1.28% | |
GLAD | B | 1.22% |
BDCX Underweight 28 Positions Relative to ACES
Symbol | Grade | Weight | |
---|---|---|---|
TSLA | B | -8.0% | |
ALB | C | -7.04% | |
ITRI | B | -5.96% | |
DAR | C | -5.56% | |
ORA | B | -5.46% | |
FSLR | F | -4.33% | |
HASI | D | -4.02% | |
RIVN | F | -3.76% | |
ENPH | F | -2.9% | |
CWEN | C | -2.81% | |
RUN | F | -2.7% | |
LCID | F | -2.27% | |
PLUG | F | -2.02% | |
ANDE | D | -1.88% | |
NEP | F | -1.86% | |
FLNC | C | -1.61% | |
AMSC | B | -1.53% | |
ASPN | F | -1.28% | |
ARRY | C | -1.12% | |
AMRC | F | -1.02% | |
WOLF | F | -0.99% | |
SHLS | F | -0.91% | |
REX | D | -0.86% | |
GPRE | F | -0.85% | |
EOSE | D | -0.65% | |
NOVA | F | -0.65% | |
CLNE | D | -0.55% | |
CHPT | F | -0.54% |
BDCX: Top Represented Industries & Keywords
ACES: Top Represented Industries & Keywords