ACES vs. BDCZ ETF Comparison

Comparison of ALPS Clean Energy ETF (ACES) to ETRACS Wells Fargo Business Development Company Index ETN Series B due April 26, 2041 (BDCZ)
ACES

ALPS Clean Energy ETF

ACES Description

The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the CIBC Atlas Clean Energy Index (ticker symbol NACEX) (the "underlying index"). The fund will invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index utilizes a rules-based methodology developed by CIBC National Trust Company (the "index provider"), which is designed to provide exposure to a diverse set of U.S. and Canadian companies involved in the clean energy sector including renewables and clean technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.66

Average Daily Volume

104,248

Number of Holdings *

28

* 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

$18.74

Average Daily Volume

2,311

Number of Holdings *

23

* may have additional holdings in another (foreign) market
Performance
Period ACES BDCZ
30 Days -2.74% 0.56%
60 Days 3.86% 3.07%
90 Days 1.39% 5.56%
12 Months -6.95% 15.55%
0 Overlapping Holdings
Symbol Grade Weight in ACES Weight in BDCZ Overlap
ACES Overweight 28 Positions Relative to BDCZ
Symbol Grade Weight
ALB C 5.88%
ITRI A 5.51%
TSLA A 5.41%
ORA A 5.09%
DAR C 4.94%
FSLR F 4.69%
HASI C 4.53%
RUN F 4.07%
ENPH F 3.76%
RIVN F 3.63%
CWEN D 2.61%
PLUG F 2.44%
LCID F 2.27%
NEP F 2.15%
WOLF F 1.81%
FLNC D 1.56%
ANDE D 1.56%
ASPN F 1.55%
AMRC D 1.26%
ARRY F 1.23%
AMSC C 1.18%
SHLS D 1.16%
NOVA F 0.96%
GPRE F 0.9%
REX C 0.8%
EOSE D 0.75%
CHPT F 0.61%
CLNE C 0.57%
ACES Underweight 23 Positions Relative to BDCZ
Symbol Grade Weight
ARCC B -17.86%
FSK A -11.43%
MAIN B -5.85%
PSEC C -5.48%
TSLX F -4.71%
GBDC B -4.5%
GSBD F -4.48%
HTGC B -4.42%
NMFC F -3.68%
OCSL F -3.54%
TCPC D -2.36%
CGBD D -2.28%
BCSF B -2.09%
SLRC B -2.05%
NEWT B -1.96%
CSWC F -1.82%
BBDC C -1.72%
GAIN B -1.69%
TPVG D -1.57%
PFLT D -1.45%
PNNT B -1.4%
FDUS B -1.28%
GLAD A -1.22%
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