BDCZ vs. MJ ETF Comparison

Comparison of ETRACS Wells Fargo Business Development Company Index ETN Series B due April 26, 2041 (BDCZ) to ETFMG Alternative Harvest ETF (MJ)

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

$19.05

Average Daily Volume

1,839

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MJ

ETFMG Alternative Harvest ETF

MJ Description

MJ tracks the Prime Alternative Harvest Index, designed to measure the performance of companies within the cannabis ecosystem beneﬁtting from global medicinal and recreational cannabis legalization initiatives. First U.S. and world’s largest ETF to target the global cannabis industry. Many other signiﬁcant applications for cannabis and THC based medicines and treatments ranging from epilepsy to cancer treatment to non-opioid pain management. The global cannabis market is expected to grow at a CAGR of around 17% and reach $55.8 billion by 2025.¹

Grade (RS Rating)

Last Trade

$2.52

Average Daily Volume

913,379

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BDCZ	MJ
30 Days	1.03%	-27.06%
60 Days	2.61%	-22.49%
90 Days	4.24%	-26.91%
12 Months	14.51%	-12.69%

0 Overlapping Holdings

	Symbol	Grade	Weight in BDCZ	Weight in MJ	Overlap

BDCZ Overweight 23 Positions Relative to MJ

Symbol	Grade	Weight
ARCC	A	17.86%
FSK	A	11.43%
MAIN	A	5.85%
PSEC	D	5.48%
TSLX	C	4.71%
GBDC	C	4.5%
GSBD	F	4.48%
HTGC	D	4.42%
NMFC	D	3.68%
OCSL	F	3.54%
TCPC	C	2.36%
CGBD	D	2.28%
BCSF	C	2.09%
SLRC	A	2.05%
NEWT	B	1.96%
CSWC	D	1.82%
BBDC	A	1.72%
GAIN	C	1.69%
TPVG	C	1.57%
PFLT	D	1.45%
PNNT	B	1.4%
FDUS	A	1.28%
GLAD	B	1.22%

BDCZ Underweight 14 Positions Relative to MJ

Symbol	Grade	Weight
TLRY	F	-7.74%
SNDL	D	-6.85%
IIPR	D	-6.82%
REFI	A	-3.39%
HITI	C	-2.52%
AFCG	D	-2.16%
OGI	F	-1.4%
GRWG	F	-1.28%
MAPS	C	-1.12%
TPB	B	-0.97%
JAZZ	B	-0.8%
MO	A	-0.78%
PM	B	-0.75%
SMG	D	-0.65%

BDCZ: Top Represented Industries & Keywords

Industries: Asset Management Credit Services Specialty Finance