RNEW vs. BDCZ ETF Comparison

Comparison of VanEck Green Infrastructure ETF (RNEW) to ETRACS Wells Fargo Business Development Company Index ETN Series B due April 26, 2041 (BDCZ)
RNEW

VanEck Green Infrastructure ETF

RNEW Description

The fund normally invests at least 80% of its total assets in securities of Green Infrastructure Companies. The index is a U.S. index that tracks the performance of Green Infrastructure Companies. "Green Infrastructure Companies" are companies that seek to positively impact the environment through the production, transmission, or distribution of green energy and/or through the establishment of sustainable infrastructure to facilitate the use of green energy. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.56

Average Daily Volume

145

Number of Holdings *

10

* may have additional holdings in another (foreign) market
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

$19.57

Average Daily Volume

3,640

Number of Holdings *

23

* may have additional holdings in another (foreign) market
Performance
Period RNEW BDCZ
30 Days 2.76% 3.41%
60 Days 1.65% 5.78%
90 Days 6.47% 8.54%
12 Months -1.75% 31.58%
0 Overlapping Holdings
Symbol Grade Weight in RNEW Weight in BDCZ Overlap
RNEW Overweight 10 Positions Relative to BDCZ
Symbol Grade Weight
PWR A 6.6%
WM A 6.09%
ECL A 5.93%
RSG C 5.85%
FSLR B 5.78%
ENPH F 5.57%
CLH A 5.44%
LNG D 4.63%
DCI A 4.49%
BWA B 4.08%
RNEW 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 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%
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