BDCX vs. QABA ETF Comparison
Comparison of ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN (BDCX) to First Trust NASDAQ ABA Community Bank Index Fund (QABA)
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
$33.20
Average Daily Volume
3,513
Number of Holdings
*
23
* may have additional holdings in another (foreign) market
QABA
First Trust NASDAQ ABA Community Bank Index Fund
QABA Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ OMX(R) ABA Community Bank Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. For the purposes of the index, a "community bank" is considered to be all U.S.banks and thrifts or their holding companies listed on NASDAQ(R), excluding the 50 largest U.S. banks by asset size. The fund is non-diversified.Grade (RS Rating)
Last Trade
$46.14
Average Daily Volume
22,632
Number of Holdings
*
123
* may have additional holdings in another (foreign) market
Performance
| Period | BDCX | QABA |
|---|---|---|
| 30 Days | 3.26% | 3.47% |
| 60 Days | 7.23% | 3.73% |
| 90 Days | 8.13% | 0.91% |
| 12 Months | 49.23% | 32.38% |
1 Overlapping Holdings
| Symbol | Grade | Weight in BDCX | Weight in QABA | Overlap | |
|---|---|---|---|---|---|
| NEWT | D | 1.96% | 0.17% | 0.17% |
BDCX Overweight 22 Positions Relative to QABA
| Symbol | Grade | Weight | |
|---|---|---|---|
| ARCC | A | 17.86% | |
| FSK | B | 11.43% | |
| MAIN | A | 5.85% | |
| PSEC | F | 5.48% | |
| TSLX | B | 4.71% | |
| GBDC | A | 4.5% | |
| GSBD | A | 4.48% | |
| HTGC | A | 4.42% | |
| NMFC | A | 3.68% | |
| OCSL | C | 3.54% | |
| TCPC | D | 2.36% | |
| CGBD | A | 2.28% | |
| BCSF | A | 2.09% | |
| SLRC | A | 2.05% | |
| CSWC | A | 1.82% | |
| BBDC | A | 1.72% | |
| GAIN | A | 1.69% | |
| TPVG | F | 1.57% | |
| PFLT | B | 1.45% | |
| PNNT | B | 1.4% | |
| FDUS | B | 1.28% | |
| GLAD | A | 1.22% |
BDCX Underweight 122 Positions Relative to QABA
| Symbol | Grade | Weight | |
|---|---|---|---|
| CBSH | A | -4.42% | |
| WTFC | A | -3.79% | |
| OZK | B | -3.22% | |
| UBSI | D | -2.88% | |
| FFIN | C | -2.69% | |
| UMBF | B | -2.52% | |
| HWC | A | -2.45% | |
| IBOC | A | -2.16% | |
| TFSL | B | -2.13% | |
| ABCB | B | -2.04% | |
| UCBI | B | -1.93% | |
| BANF | B | -1.88% | |
| TCBI | B | -1.76% | |
| FHB | A | -1.73% | |
| FIBK | B | -1.7% | |
| WSFS | A | -1.67% | |
| CATY | D | -1.57% | |
| FULT | A | -1.56% | |
| CVBF | D | -1.47% | |
| SFNC | D | -1.46% | |
| INDB | C | -1.37% | |
| PPBI | D | -1.34% | |
| FFBC | A | -1.33% | |
| TOWN | B | -1.29% | |
| FRME | B | -1.27% | |
| SBCF | C | -1.26% | |
| TBBK | F | -1.14% | |
| WAFD | B | -1.14% | |
| CLBK | F | -1.09% | |
| MBIN | C | -1.07% | |
| WSBC | D | -1.06% | |
| NBTB | B | -1.05% | |
| TRMK | A | -1.04% | |
| IBTX | D | -1.03% | |
| LKFN | D | -1.01% | |
| BANR | B | -0.98% | |
| HTLF | A | -0.95% | |
| CHCO | B | -0.95% | |
| EFSC | C | -0.91% | |
| FBNC | F | -0.87% | |
| NWBI | C | -0.86% | |
| SYBT | B | -0.83% | |
| HOPE | D | -0.82% | |
| CASH | B | -0.8% | |
| WABC | B | -0.79% | |
| BUSE | B | -0.79% | |
| SRCE | B | -0.77% | |
| STBA | B | -0.74% | |
| TCBK | B | -0.72% | |
| VBTX | B | -0.7% | |
| PFBC | A | -0.66% | |
| PEBO | B | -0.64% | |
| QCRH | C | -0.61% | |
| GABC | D | -0.61% | |
| SASR | D | -0.61% | |
| OCFC | C | -0.56% | |
| SBSI | D | -0.53% | |
| RBCAA | B | -0.53% | |
| BRKL | D | -0.52% | |
| BFC | D | -0.5% | |
| FBMS | D | -0.49% | |
| CTBI | A | -0.48% | |
| FMBH | B | -0.47% | |
| DCOM | C | -0.47% | |
| CNOB | C | -0.46% | |
| PFC | B | -0.45% | |
| CFFN | D | -0.44% | |
| AMAL | B | -0.43% | |
| EGBN | F | -0.41% | |
| OSBC | B | -0.4% | |
| HFWA | C | -0.4% | |
| GSBC | B | -0.39% | |
| FCBC | B | -0.38% | |
| CFB | D | -0.38% | |
| MBWM | B | -0.37% | |
| HBT | B | -0.37% | |
| CASS | D | -0.36% | |
| UVSP | A | -0.36% | |
| CCB | B | -0.34% | |
| BFST | D | -0.34% | |
| IBCP | B | -0.33% | |
| TRST | B | -0.33% | |
| HBNC | B | -0.33% | |
| MSBI | D | -0.32% | |
| HTBK | D | -0.31% | |
| HAFC | C | -0.29% | |
| FMNB | D | -0.29% | |
| SMBC | D | -0.29% | |
| PGC | D | -0.28% | |
| CAC | B | -0.28% | |
| WASH | C | -0.28% | |
| HONE | B | -0.28% | |
| CCBG | D | -0.28% | |
| SPFI | B | -0.27% | |
| THFF | B | -0.27% | |
| HTBI | B | -0.27% | |
| NBN | C | -0.26% | |
| BHRB | C | -0.25% | |
| CCNE | D | -0.25% | |
| ESQ | C | -0.24% | |
| AROW | C | -0.24% | |
| NFBK | D | -0.24% | |
| HIFS | C | -0.23% | |
| KRNY | F | -0.23% | |
| SHBI | D | -0.22% | |
| FFIC | D | -0.22% | |
| MOFG | D | -0.21% | |
| BWB | B | -0.21% | |
| MPB | B | -0.21% | |
| RBB | B | -0.21% | |
| FRST | F | -0.17% | |
| FISI | D | -0.17% | |
| PFIS | D | -0.17% | |
| BMRC | D | -0.16% | |
| NRIM | C | -0.16% | |
| CARE | D | -0.16% | |
| WSBF | B | -0.15% | |
| FLIC | F | -0.15% | |
| NECB | B | -0.14% | |
| OVLY | C | -0.13% | |
| CZFS | F | -0.13% | |
| BLFY | D | -0.13% |
BDCX: Top Represented Industries & Keywords
QABA: Top Represented Industries & Keywords
Industries:
Banks - Regional - US
Savings & Cooperative Banks
Banks - Regional
Asset Management
Business Services
Keywords:
Bank
Banking
Deposit Products
Real Estate Loans
Demand Deposit
Commercial Banking
Individual Retirement Account
Commercial Bank
Trust Services
Retail Banking
Loan Products
Residential Real Estate Loans
Banking Services
Investment Management
Business Loans
Cash Management Services
Banking Products
ATM
Wealth Management Services
Loan
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