FAAR vs. BDCX ETF Comparison
Comparison of First Trust Alternative Absolute Return Strategy ETF (FAAR) to ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN (BDCX)
FAAR
First Trust Alternative Absolute Return Strategy ETF
FAAR Description
The First Trust Alternative Absolute Return Strategy ETF seeks to achieve long-term total return using a long/short commodities strategy. The fund intends to invest primarily in exchange-listed commodity futures contracts through a wholly-owned subsidiary.
Grade (RS Rating)
Last Trade
$28.20
Average Daily Volume
43,150
Number of Holdings
*
1
* may have additional holdings in another (foreign) market
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
$33.73
Average Daily Volume
3,471
Number of Holdings
*
23
* may have additional holdings in another (foreign) market
Performance
| Period | FAAR | BDCX |
|---|---|---|
| 30 Days | -2.89% | 4.85% |
| 60 Days | -0.83% | 8.21% |
| 90 Days | 1.18% | 12.17% |
| 12 Months | 0.53% | 44.96% |
0 Overlapping Holdings
| Symbol | Grade | Weight in FAAR | Weight in BDCX | Overlap |
|---|
FAAR Overweight 1 Positions Relative to BDCX
| Symbol | Grade | Weight | |
|---|---|---|---|
| FCRX | A | 21.59% |
FAAR Underweight 23 Positions Relative to BDCX
| 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 | B | -3.68% | |
| OCSL | C | -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 | A | -1.72% | |
| GAIN | B | -1.69% | |
| TPVG | F | -1.57% | |
| PFLT | B | -1.45% | |
| PNNT | A | -1.4% | |
| FDUS | B | -1.28% | |
| GLAD | A | -1.22% |
FAAR: Top Represented Industries & Keywords
Industries:
BDCX: Top Represented Industries & Keywords
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