MJ vs. BDCZ ETF Comparison
Comparison of ETFMG Alternative Harvest ETF (MJ) to ETRACS Wells Fargo Business Development Company Index ETN Series B due April 26, 2041 (BDCZ)
MJ
ETFMG Alternative Harvest ETF
MJ Description
MJ tracks the Prime Alternative Harvest Index, designed to measure the performance of companies within the cannabis ecosystem benefitting from global medicinal and recreational cannabis legalization initiatives. First U.S. and world’s largest ETF to target the global cannabis industry. Many other significant applications for cannabis and THC based medicines and treatments ranging from epilepsy to cancer treatment to non-opioid pain management. The global cannabis market is expected to grow at a CAGR of around 17% and reach $55.8 billion by 2025.¹
Grade (RS Rating)
Last Trade
$2.54
Average Daily Volume
904,244
14
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
23
Performance
Period | MJ | BDCZ |
---|---|---|
30 Days | -26.38% | -0.54% |
60 Days | -20.43% | 1.64% |
90 Days | -26.33% | 3.06% |
12 Months | -12.00% | 13.21% |
0 Overlapping Holdings
Symbol | Grade | Weight in MJ | Weight in BDCZ | Overlap |
---|
MJ 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 | D | -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 | 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% |
MJ: Top Represented Industries & Keywords
BDCZ: Top Represented Industries & Keywords