BDCX vs. ARB ETF Comparison
Comparison of ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN (BDCX) to AltShares Merger Arbitrage ETF (ARB)
BDCX
ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN
BDCX Description
The investment seeks to provide 1.5 times leveraged long exposure to the compounded quarterly performance of the Wells Fargo Business Development Company Index, reduced by the Accrued Fees. The index is intended to measure the performance of all business development companies listed on the New York Stock Exchange, NYSE AMEX or The Nasdaq Stock Market, Inc. that satisfy specified market capitalization and other eligibility requirements. It is a proprietary index of Wells Fargo Securities, LLC.
Grade (RS Rating)
Last Trade
$31.65
Average Daily Volume
2,362
23
ARB
AltShares Merger Arbitrage ETF
ARB Description
AltShares Trust - AltShares Merger Arbitrage ETF is an exchange traded fund launched and managed by Water Island Capital, LLC. It invests in public equity markets of global region. The fund invests through derivatives in stocks of companies operating across diversified sectors. The fund employs long/short strategy and uses derivatives such as futures, forwards, swaps to create its portfolio. AltShares Trust - AltShares Merger Arbitrage ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$27.76
Average Daily Volume
10,048
42
Performance
| Period | BDCX | ARB |
|---|---|---|
| 30 Days | -0.14% | 0.52% |
| 60 Days | 3.09% | 1.41% |
| 90 Days | -5.67% | 2.83% |
| 12 Months | 22.20% | 5.92% |
0 Overlapping Holdings
| Symbol | Grade | Weight in BDCX | Weight in ARB | Overlap |
|---|
BDCX Overweight 23 Positions Relative to ARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| ARCC | A | 17.86% | |
| FSK | A | 11.43% | |
| MAIN | B | 5.85% | |
| PSEC | C | 5.48% | |
| TSLX | D | 4.71% | |
| GBDC | B | 4.5% | |
| GSBD | D | 4.48% | |
| HTGC | C | 4.42% | |
| NMFC | F | 3.68% | |
| OCSL | D | 3.54% | |
| TCPC | F | 2.36% | |
| CGBD | B | 2.28% | |
| BCSF | B | 2.09% | |
| SLRC | D | 2.05% | |
| NEWT | D | 1.96% | |
| CSWC | C | 1.82% | |
| BBDC | D | 1.72% | |
| GAIN | B | 1.69% | |
| TPVG | F | 1.57% | |
| PFLT | A | 1.45% | |
| PNNT | B | 1.4% | |
| FDUS | C | 1.28% | |
| GLAD | A | 1.22% |
BDCX Underweight 42 Positions Relative to ARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| HCP | B | -3.33% | |
| HES | D | -3.31% | |
| ANSS | D | -3.06% | |
| WIRE | A | -2.76% | |
| HIBB | A | -2.69% | |
| PRFT | A | -2.69% | |
| EDR | A | -2.67% | |
| CHX | D | -2.56% | |
| ETRN | D | -2.51% | |
| JNPR | B | -2.31% | |
| CTLT | A | -2.24% | |
| ALE | A | -2.09% | |
| AXNX | A | -2.09% | |
| VZIO | A | -1.99% | |
| EVBG | B | -1.98% | |
| X | F | -1.89% | |
| CERE | A | -1.88% | |
| HTLF | C | -1.88% | |
| SWN | D | -1.85% | |
| AMK | B | -1.83% | |
| DFS | C | -1.77% | |
| CPRI | B | -1.75% | |
| AMED | D | -1.45% | |
| MGRC | D | -1.36% | |
| AGS | B | -1.32% | |
| HAYN | B | -1.31% | |
| NWLI | A | -1.28% | |
| HA | B | -1.23% | |
| WRK | C | -0.94% | |
| SBOW | D | -0.82% | |
| OSG | A | -0.67% | |
| IBTX | D | -0.67% | |
| OLK | A | -0.62% | |
| SRCL | B | -0.6% | |
| CNSL | A | -0.57% | |
| CRGY | B | --0.49% | |
| UMBF | C | --0.59% | |
| SSB | C | --0.68% | |
| SNPS | F | --1.86% | |
| CHK | D | --1.94% | |
| CHRD | F | --2.18% | |
| EQT | B | --2.53% |
BDCX: Top Represented Industries & Keywords
ARB: Top Represented Industries & Keywords
Compare ETFs
