BDCX vs. LBO ETF Comparison

Comparison of ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN (BDCX) to WHITEWOLF Publicly Listed Private Equity ETF (LBO)
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

$31.21

Average Daily Volume

1,257

Number of Holdings *

23

* may have additional holdings in another (foreign) market
LBO

WHITEWOLF Publicly Listed Private Equity ETF

LBO Description The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in securities of U.S. publicly listed private equity companies. It defines "listed private equity companies" as Leverage Finance Providers and Buyout Firms, Sponsors, and Asset Managers (collectively, "Listed Private Equity Companies") that are listed and traded on a U.S. national securities exchange. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.05

Average Daily Volume

1,350

Number of Holdings *

35

* may have additional holdings in another (foreign) market
Performance
Period BDCX LBO
30 Days -1.99% 1.60%
60 Days 2.22% 8.87%
90 Days 5.03% 17.02%
12 Months 17.33%
18 Overlapping Holdings
Symbol Grade Weight in BDCX Weight in LBO Overlap
ARCC A 17.86% 6.95% 6.95%
BBDC A 1.72% 1.83% 1.72%
BCSF C 2.09% 1.67% 1.67%
CGBD C 2.28% 0.82% 0.82%
CSWC D 1.82% 2.31% 1.82%
FDUS A 1.28% 0.16% 0.16%
FSK A 11.43% 6.75% 6.75%
GAIN B 1.69% 0.14% 0.14%
GBDC B 4.5% 3.07% 3.07%
GSBD F 4.48% 2.08% 2.08%
HTGC D 4.42% 4.76% 4.42%
NMFC D 3.68% 1.33% 1.33%
PFLT D 1.45% 1.14% 1.14%
PNNT B 1.4% 0.2% 0.2%
PSEC D 5.48% 2.42% 2.42%
TCPC C 2.36% 1.07% 1.07%
TPVG C 1.57% 0.14% 0.14%
TSLX C 4.71% 0.44% 0.44%
BDCX Overweight 5 Positions Relative to LBO
Symbol Grade Weight
MAIN A 5.85%
OCSL F 3.54%
SLRC A 2.05%
NEWT B 1.96%
GLAD B 1.22%
BDCX Underweight 17 Positions Relative to LBO
Symbol Grade Weight
KKR B -8.25%
TPG A -6.64%
OWL A -6.37%
BX A -6.26%
APO B -6.11%
BXSL A -6.1%
ARES A -5.23%
CG B -5.12%
HLNE B -3.14%
TRIN A -1.43%
STEP B -1.21%
CODI B -1.09%
CION D -0.74%
GCMG A -0.22%
SCM A -0.2%
SAR A -0.14%
PX A -0.14%
Compare ETFs