BIZD vs. ABEQ ETF Comparison
Comparison of Market Vectors BDC Income ETF (BIZD) to Absolute Core Strategy ETF (ABEQ)
BIZD
Market Vectors BDC Income ETF
BIZD Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors® US Business Development Companies Index. The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The BDC Index is comprised of BDCs. BDCs are vehicles whose principal business is to invest in, lend capital to or provide services to privately-held companies or thinly traded U.S. public companies.
Grade (RS Rating)
Last Trade
$16.46
Average Daily Volume
633,730
22
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
$29.67
Average Daily Volume
7,152
15
Performance
Period | BIZD | ABEQ |
---|---|---|
30 Days | 2.97% | -0.32% |
60 Days | 3.54% | 2.83% |
90 Days | 3.48% | 4.79% |
12 Months | 24.86% | 5.25% |
0 Overlapping Holdings
Symbol | Grade | Weight in BIZD | Weight in ABEQ | Overlap |
---|
BIZD Overweight 22 Positions Relative to ABEQ
Symbol | Grade | Weight | |
---|---|---|---|
ARCC | A | 19.75% | |
FSK | A | 12.44% | |
GBDC | A | 4.72% | |
BXSL | A | 4.65% | |
MAIN | A | 4.63% | |
HTGC | A | 4.47% | |
TSLX | B | 3.72% | |
PSEC | D | 3.69% | |
GSBD | A | 3.01% | |
NMFC | B | 2.09% | |
CSWC | A | 2.05% | |
TCPC | D | 1.69% | |
BBDC | B | 1.65% | |
CGBD | A | 1.62% | |
BCSF | A | 1.36% | |
SLRC | A | 1.35% | |
TRIN | A | 1.27% | |
PFLT | A | 1.27% | |
FDUS | A | 1.17% | |
CION | A | 1.15% | |
GAIN | A | 0.97% | |
TPVG | D | 0.66% |
BIZD: Top Represented Industries & Keywords
ABEQ: Top Represented Industries & Keywords