BDCX vs. QABA ETF Comparison
Comparison of ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN (BDCX) to First Trust NASDAQ ABA Community Bank Index Fund (QABA)
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
QABA
First Trust NASDAQ ABA Community Bank Index Fund
QABA Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ OMX(R) ABA Community Bank Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. For the purposes of the index, a "community bank" is considered to be all U.S.banks and thrifts or their holding companies listed on NASDAQ(R), excluding the 50 largest U.S. banks by asset size. The fund is non-diversified.Grade (RS Rating)
Last Trade
$50.85
Average Daily Volume
32,546
121
Performance
Period | BDCX | QABA |
---|---|---|
30 Days | -0.14% | -6.17% |
60 Days | 3.09% | 0.04% |
90 Days | -5.67% | 12.51% |
12 Months | 22.20% | 34.58% |
1 Overlapping Holdings
Symbol | Grade | Weight in BDCX | Weight in QABA | Overlap | |
---|---|---|---|---|---|
NEWT | D | 1.96% | 0.18% | 0.18% |
BDCX Overweight 22 Positions Relative to QABA
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% | |
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 120 Positions Relative to QABA
Symbol | Grade | Weight | |
---|---|---|---|
CBSH | D | -4.28% | |
WTFC | D | -4.03% | |
FFIN | D | -2.95% | |
UMBF | C | -2.86% | |
UBSI | D | -2.8% | |
OZK | F | -2.73% | |
HWC | D | -2.47% | |
IBOC | D | -2.08% | |
TFSL | F | -2.02% | |
BANF | D | -1.94% | |
FULT | D | -1.84% | |
TCBI | C | -1.84% | |
FIBK | D | -1.79% | |
CATY | D | -1.73% | |
WSFS | D | -1.69% | |
FHB | D | -1.65% | |
WAFD | D | -1.58% | |
SFNC | C | -1.51% | |
TBBK | C | -1.46% | |
INDB | D | -1.4% | |
TOWN | D | -1.39% | |
CVBF | B | -1.39% | |
PPBI | F | -1.36% | |
FFBC | D | -1.35% | |
SBCF | D | -1.27% | |
FRME | D | -1.22% | |
NBTB | D | -1.17% | |
BANR | C | -1.15% | |
MBIN | D | -1.15% | |
TRMK | D | -1.09% | |
EFSC | D | -1.07% | |
TFIN | F | -1.04% | |
SYBT | D | -1.02% | |
CLBK | F | -1.0% | |
WSBC | D | -0.99% | |
FBNC | D | -0.96% | |
CHCO | D | -0.96% | |
NWBI | D | -0.95% | |
LKFN | F | -0.93% | |
CASH | D | -0.92% | |
STBA | D | -0.9% | |
HOPE | D | -0.85% | |
BUSE | D | -0.83% | |
SRCE | D | -0.82% | |
VBTX | C | -0.8% | |
TCBK | D | -0.79% | |
SASR | C | -0.79% | |
WABC | F | -0.74% | |
QCRH | D | -0.7% | |
GABC | D | -0.64% | |
DCOM | C | -0.63% | |
RBCAA | D | -0.63% | |
OCFC | C | -0.61% | |
PEBO | F | -0.6% | |
PFBC | D | -0.6% | |
SBSI | D | -0.57% | |
CNOB | C | -0.54% | |
AMAL | D | -0.54% | |
FMBH | D | -0.52% | |
BFC | D | -0.51% | |
BHRB | D | -0.51% | |
CTBI | D | -0.5% | |
BRKL | D | -0.5% | |
PFC | D | -0.47% | |
UVSP | D | -0.46% | |
CFB | D | -0.46% | |
FCBC | D | -0.44% | |
CFFN | D | -0.43% | |
HFWA | D | -0.42% | |
CCB | C | -0.41% | |
ORRF | C | -0.39% | |
IBCP | D | -0.39% | |
OSBC | D | -0.39% | |
MBWM | D | -0.39% | |
HBNC | D | -0.38% | |
EGBN | B | -0.38% | |
BFST | C | -0.37% | |
GSBC | D | -0.37% | |
SMBC | C | -0.36% | |
TRST | D | -0.35% | |
FSBC | D | -0.35% | |
CAC | C | -0.34% | |
HTBK | D | -0.34% | |
NBN | B | -0.34% | |
HTBI | D | -0.33% | |
CCBG | D | -0.33% | |
CASS | D | -0.32% | |
FMNB | D | -0.32% | |
HONE | D | -0.32% | |
WASH | D | -0.31% | |
SPFI | D | -0.31% | |
HAFC | D | -0.31% | |
HIFS | D | -0.3% | |
ESQ | C | -0.3% | |
THFF | D | -0.29% | |
MPB | C | -0.28% | |
NFBK | D | -0.28% | |
CCNE | D | -0.28% | |
BCAL | F | -0.27% | |
MSBI | F | -0.27% | |
AROW | D | -0.27% | |
PGC | D | -0.27% | |
SHBI | D | -0.26% | |
KRNY | C | -0.25% | |
MOFG | D | -0.25% | |
FFIC | D | -0.24% | |
RBB | D | -0.23% | |
BSRR | D | -0.23% | |
BWB | D | -0.22% | |
NRIM | C | -0.22% | |
FISI | D | -0.22% | |
EBTC | C | -0.22% | |
CARE | C | -0.22% | |
NECB | C | -0.21% | |
TCBX | C | -0.2% | |
BMRC | D | -0.18% | |
INBK | D | -0.17% | |
FRST | D | -0.17% | |
WSBF | D | -0.16% | |
FLIC | C | -0.16% |
BDCX: Top Represented Industries & Keywords
QABA: Top Represented Industries & Keywords