BDCZ vs. HYIN ETF Comparison

Comparison of ETRACS Wells Fargo Business Development Company Index ETN Series B due April 26, 2041 (BDCZ) to WisdomTree Alternative Income Fund (HYIN)

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

$18.83

Average Daily Volume

1,829

Number of Holdings ^*

* may have additional holdings in another (foreign) market

HYIN

WisdomTree Alternative Income Fund

HYIN Description

The investment seeks to track the price and yield performance, before fees and expenses, of the Gapstow Liquid Alternative Credit Index (the ?Index?). Under normal circumstances, at least 80% of the fund?s total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is comprised of registered closed-end investment companies and real estate investment trusts that are listed and publicly traded on a major U.S. stock exchange. It is non-diversified.

Grade (RS Rating)

Last Trade

$18.51

Average Daily Volume

25,597

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BDCZ	HYIN
30 Days	-0.54%	-0.29%
60 Days	1.64%	-3.28%
90 Days	3.06%	-1.97%
12 Months	13.21%	7.54%

5 Overlapping Holdings

Symbol	Grade	Weight in BDCZ	Weight in HYIN	Overlap
ARCC	A	17.86%	3.08%	3.08%
FSK	A	11.43%	3.17%	3.17%
GBDC	D	4.5%	3.04%	3.04%
HTGC	D	4.42%	2.9%	2.9%
MAIN	A	5.85%	3.11%	3.11%

BDCZ Overweight 18 Positions Relative to HYIN

Symbol	Grade	Weight
PSEC	D	5.48%
TSLX	C	4.71%
GSBD	F	4.48%
NMFC	D	3.68%
OCSL	F	3.54%
TCPC	C	2.36%
CGBD	C	2.28%
BCSF	C	2.09%
SLRC	A	2.05%
NEWT	C	1.96%
CSWC	D	1.82%
BBDC	A	1.72%
GAIN	B	1.69%
TPVG	B	1.57%
PFLT	D	1.45%
PNNT	C	1.4%
FDUS	A	1.28%
GLAD	B	1.22%

BDCZ Underweight 22 Positions Relative to HYIN

Symbol	Grade	Weight
OXLC	B	-3.08%
JFR	A	-3.03%
BXSL	A	-3.02%
GOF	A	-3.01%
JQC	A	-3.01%
PTY	A	-3.0%
ABR	C	-2.99%
HYT	A	-2.94%
PDI	D	-2.91%
LADR	B	-2.87%
ECC	D	-2.86%
EVV	D	-2.86%
AOMR	F	-2.86%
ARI	C	-2.81%
VVR	D	-2.81%
EFC	C	-2.77%
STWD	C	-2.76%
AGNC	C	-2.73%
BXMT	C	-2.7%
RWT	D	-2.7%
RC	D	-2.65%
CMTG	F	-2.62%

BDCZ: Top Represented Industries & Keywords

Industries: Asset Management Credit Services Specialty Finance