RDFI vs. BDCZ ETF Comparison
Comparison of Rareview Dynamic Fixed Income ETF (RDFI) to ETRACS Wells Fargo Business Development Company Index ETN Series B due April 26, 2041 (BDCZ)
RDFI
Rareview Dynamic Fixed Income ETF
RDFI Description
The investment seeks total return with an emphasis on providing current income. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in fixed income closed-end funds trading at a discount or premium to their underlying net asset value and that pay regular periodic cash distributions. Through its investments in closed-end funds that hold non-U.S. fixed income securities, the fund may invest indirectly in foreign securities, including securities of issuers located in emerging markets. It is non-diversified.
Grade (RS Rating)
Last Trade
$22.64
Average Daily Volume
3,136
30
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
$19.36
Average Daily Volume
3,617
23
Performance
| Period | RDFI | BDCZ |
|---|---|---|
| 30 Days | -1.04% | 2.59% |
| 60 Days | 0.51% | 5.37% |
| 90 Days | 0.99% | 6.04% |
| 12 Months | 7.14% | 34.09% |
0 Overlapping Holdings
| Symbol | Grade | Weight in RDFI | Weight in BDCZ | Overlap |
|---|
RDFI Overweight 30 Positions Relative to BDCZ
| Symbol | Grade | Weight | |
|---|---|---|---|
| BIL | A | 8.51% | |
| EMD | B | 7.55% | |
| FPF | A | 7.54% | |
| FAX | C | 6.29% | |
| JPC | A | 5.67% | |
| EDD | C | 5.5% | |
| PDX | B | 4.59% | |
| TEI | A | 4.2% | |
| GHY | A | 3.74% | |
| NVG | B | 3.35% | |
| NZF | C | 3.34% | |
| NAD | C | 3.0% | |
| EAD | A | 2.75% | |
| FTF | A | 2.23% | |
| BLE | C | 2.03% | |
| NPFD | B | 1.95% | |
| NEA | C | 1.87% | |
| MMU | B | 1.73% | |
| IQI | A | 1.56% | |
| ZROZ | D | 1.48% | |
| VMO | C | 1.37% | |
| PFF | B | 1.3% | |
| MBB | C | 1.3% | |
| ISD | C | 1.24% | |
| VKQ | A | 0.93% | |
| BTZ | C | 0.31% | |
| IIM | C | 0.21% | |
| MYI | C | 0.13% | |
| MYD | C | 0.1% | |
| MVF | C | 0.09% |
RDFI Underweight 23 Positions Relative to BDCZ
| 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 | A | -3.68% | |
| OCSL | C | -3.54% | |
| TCPC | D | -2.36% | |
| CGBD | A | -2.28% | |
| BCSF | A | -2.09% | |
| SLRC | A | -2.05% | |
| NEWT | D | -1.96% | |
| CSWC | A | -1.82% | |
| BBDC | A | -1.72% | |
| GAIN | A | -1.69% | |
| TPVG | F | -1.57% | |
| PFLT | B | -1.45% | |
| PNNT | B | -1.4% | |
| FDUS | B | -1.28% | |
| GLAD | A | -1.22% |
RDFI: Top Represented Industries & Keywords
BDCZ: Top Represented Industries & Keywords
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