BDCZ vs. MVRL ETF Comparison
Comparison of ETRACS Wells Fargo Business Development Company Index ETN Series B due April 26, 2041 (BDCZ) to ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL)
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
$20.11
Average Daily Volume
2,192
23
MVRL
ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN
MVRL Description
The investment seeks to provide 1.5 times leveraged long exposure to the compounded quarterly performance of the MVIS US Mortgage REITs Index, reduced by the Accrued Fees. The index is designed to track the overall performance of publicly-traded mortgage REITs that are listed and incorporated in the United States and derive at least 50% of their revenues from mortgage-related activity.Grade (RS Rating)
Last Trade
$17.04
Average Daily Volume
8,724
23
Performance
| Period | BDCZ | MVRL |
|---|---|---|
| 30 Days | 1.14% | -0.94% |
| 60 Days | 2.73% | 1.24% |
| 90 Days | 6.24% | 1.13% |
| 12 Months | 25.14% | 6.18% |
0 Overlapping Holdings
| Symbol | Grade | Weight in BDCZ | Weight in MVRL | Overlap |
|---|
BDCZ Overweight 23 Positions Relative to MVRL
| Symbol | Grade | Weight | |
|---|---|---|---|
| ARCC | A | 17.86% | |
| FSK | A | 11.43% | |
| MAIN | A | 5.85% | |
| PSEC | C | 5.48% | |
| TSLX | A | 4.71% | |
| GBDC | C | 4.5% | |
| GSBD | A | 4.48% | |
| HTGC | A | 4.42% | |
| NMFC | C | 3.68% | |
| OCSL | D | 3.54% | |
| TCPC | B | 2.36% | |
| CGBD | B | 2.28% | |
| BCSF | A | 2.09% | |
| SLRC | B | 2.05% | |
| NEWT | D | 1.96% | |
| CSWC | A | 1.82% | |
| BBDC | A | 1.72% | |
| GAIN | B | 1.69% | |
| TPVG | F | 1.57% | |
| PFLT | B | 1.45% | |
| PNNT | A | 1.4% | |
| FDUS | C | 1.28% | |
| GLAD | A | 1.22% |
BDCZ Underweight 23 Positions Relative to MVRL
| Symbol | Grade | Weight | |
|---|---|---|---|
| NLY | C | -13.03% | |
| AGNC | A | -8.86% | |
| STWD | D | -8.19% | |
| CIM | C | -5.48% | |
| HASI | D | -5.04% | |
| BXMT | C | -4.84% | |
| ABR | B | -4.54% | |
| TWO | B | -4.01% | |
| MFA | B | -3.81% | |
| PMT | C | -3.79% | |
| ARI | D | -3.76% | |
| LADR | A | -3.51% | |
| NYMT | F | -3.26% | |
| RWT | B | -2.77% | |
| EFC | B | -2.49% | |
| RC | C | -2.05% | |
| ORC | C | -2.0% | |
| ACRE | D | -1.95% | |
| BRSP | D | -1.92% | |
| KREF | D | -1.86% | |
| IVR | C | -1.84% | |
| ARR | B | -1.83% | |
| DX | D | -1.48% |
BDCZ: Top Represented Industries & Keywords
MVRL: Top Represented Industries & Keywords
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