LDSF vs. BDCZ ETF Comparison
Comparison of First Trust Low Duration Strategic Focus ETF (LDSF) to ETRACS Wells Fargo Business Development Company Index ETN Series B due April 26, 2041 (BDCZ)
LDSF
First Trust Low Duration Strategic Focus ETF
LDSF Description
The investment seeks to generate current income, with a secondary objective of preservation of capital. Under normal market conditions, the fund seeks to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in a portfolio of U.S.-listed exchange-traded funds ("ETFs") that principally invest in income-generating securities that provide it with a duration of three years or less. A significant portion of the ETFs in which the fund invests may be advised by First Trust. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$18.88
Average Daily Volume
49,359
7
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
1,885
23
Performance
Period | LDSF | BDCZ |
---|---|---|
30 Days | -0.23% | -1.25% |
60 Days | -1.10% | 1.63% |
90 Days | 0.15% | 3.65% |
12 Months | 6.60% | 12.77% |
0 Overlapping Holdings
Symbol | Grade | Weight in LDSF | Weight in BDCZ | Overlap |
---|
LDSF Underweight 23 Positions Relative to BDCZ
Symbol | Grade | Weight | |
---|---|---|---|
ARCC | A | -17.86% | |
FSK | A | -11.43% | |
MAIN | A | -5.85% | |
PSEC | D | -5.48% | |
TSLX | C | -4.71% | |
GBDC | B | -4.5% | |
GSBD | F | -4.48% | |
HTGC | D | -4.42% | |
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 | B | -1.96% | |
CSWC | D | -1.82% | |
BBDC | A | -1.72% | |
GAIN | B | -1.69% | |
TPVG | C | -1.57% | |
PFLT | D | -1.45% | |
PNNT | B | -1.4% | |
FDUS | A | -1.28% | |
GLAD | B | -1.22% |
LDSF: Top Represented Industries & Keywords
BDCZ: Top Represented Industries & Keywords