BDCZ vs. ABEQ ETF Comparison
Comparison of ETRACS Wells Fargo Business Development Company Index ETN Series B due April 26, 2041 (BDCZ) to Absolute Core Strategy ETF (ABEQ)
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
$19.41
Average Daily Volume
4,940
23
ABEQ
Absolute Core Strategy ETF
ABEQ 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
$29.89
Average Daily Volume
6,691
15
Performance
| Period | BDCZ | ABEQ |
|---|---|---|
| 30 Days | 2.28% | 0.51% |
| 60 Days | 3.72% | 2.56% |
| 90 Days | 2.77% | 4.40% |
| 12 Months | 29.82% | 6.69% |
0 Overlapping Holdings
| Symbol | Grade | Weight in BDCZ | Weight in ABEQ | Overlap |
|---|
BDCZ Overweight 23 Positions Relative to ABEQ
| Symbol | Grade | Weight | |
|---|---|---|---|
| ARCC | A | 17.86% | |
| FSK | A | 11.43% | |
| MAIN | A | 5.85% | |
| PSEC | D | 5.48% | |
| TSLX | B | 4.71% | |
| GBDC | A | 4.5% | |
| GSBD | A | 4.48% | |
| HTGC | A | 4.42% | |
| NMFC | B | 3.68% | |
| OCSL | A | 3.54% | |
| TCPC | D | 2.36% | |
| CGBD | A | 2.28% | |
| BCSF | A | 2.09% | |
| SLRC | A | 2.05% | |
| NEWT | F | 1.96% | |
| CSWC | A | 1.82% | |
| BBDC | C | 1.72% | |
| GAIN | A | 1.69% | |
| TPVG | D | 1.57% | |
| PFLT | A | 1.45% | |
| PNNT | A | 1.4% | |
| FDUS | A | 1.28% | |
| GLAD | A | 1.22% |
BDCZ: Top Represented Industries & Keywords
ABEQ: Top Represented Industries & Keywords
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