BDCX vs. DVDN ETF Comparison

Comparison of ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN (BDCX) to Kingsbarn Dividend Opportunity ETF (DVDN)
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

$33.72

Average Daily Volume

3,602

Number of Holdings *

23

* may have additional holdings in another (foreign) market
DVDN

Kingsbarn Dividend Opportunity ETF

DVDN Description The fund seeks to achieve its investment objective by investing, under normal market circumstances, at least 80% of its net assets in dividend-paying companies. The adviser intends to invest a substantial portion of its assets in publicly listed equity securities of U.S. mortgage REITs and business development companies that invest in residential and commercial loans and securities, business loans to private companies, and various types of derivatives for both investment and risk management purposes. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.70

Average Daily Volume

109

Number of Holdings *

10

* may have additional holdings in another (foreign) market
Performance
Period BDCX DVDN
30 Days 6.72% 7.38%
60 Days 7.94% 4.61%
90 Days 8.60% 4.96%
12 Months 42.64%
4 Overlapping Holdings
Symbol Grade Weight in BDCX Weight in DVDN Overlap
BBDC B 1.72% 4.78% 1.72%
FSK B 11.43% 6.97% 6.97%
SLRC A 2.05% 7.14% 2.05%
TCPC C 2.36% 6.92% 2.36%
BDCX Overweight 19 Positions Relative to DVDN
Symbol Grade Weight
ARCC B 17.86%
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%
CGBD C 2.28%
BCSF C 2.09%
NEWT C 1.96%
CSWC C 1.82%
GAIN B 1.69%
TPVG F 1.57%
PFLT C 1.45%
PNNT B 1.4%
FDUS C 1.28%
GLAD B 1.22%
BDCX Underweight 6 Positions Relative to DVDN
Symbol Grade Weight
TRIN B -7.28%
CION B -7.25%
PTMN A -7.17%
RWAY D -7.1%
TWO B -4.8%
EFC B -4.65%
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