BNDC vs. CEFD ETF Comparison

Comparison of FlexShares Core Select Bond Fund (BNDC) to ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (CEFD)
BNDC

FlexShares Core Select Bond Fund

BNDC Description

The investment seeks total return and preservation of capital. The fund invests at least 80% of its net assets in U.S. dollar-denominated investment-grade fixed-income securities either directly or indirectly through exchange-traded funds and other registered investment companies. The fund may invest, without limitation, in mortgage- or asset-backed securities, including to-be-announced transactions, and purchase and sell securities on a when-issued, delayed delivery or forward commitment basis.

Grade (RS Rating)

Last Trade

$21.99

Average Daily Volume

23,574

Number of Holdings *

9

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

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN

CEFD Description The investment seeks to provide 1.5 times leveraged long exposure to the compounded quarterly performance of the S-Network Composite Closed-End Fund Index (the ?index?), reduced by the Accrued Fees. The index is a mutual fund index designed to serve as a benchmark for closed-end funds listed in the U.S. that are principally engaged in asset management processes designed to produce taxable annual yield.

Grade (RS Rating)

Last Trade

$20.02

Average Daily Volume

1,953

Number of Holdings *

99

* may have additional holdings in another (foreign) market
Performance
Period BNDC CEFD
30 Days -1.51% -2.66%
60 Days -3.50% 0.48%
90 Days -2.61% 3.98%
12 Months 5.05% 28.52%
0 Overlapping Holdings
Symbol Grade Weight in BNDC Weight in CEFD Overlap
BNDC Overweight 9 Positions Relative to CEFD
Symbol Grade Weight
MBB D 24.3%
MBSD D 12.49%
IEI D 11.93%
SKOR C 9.44%
IEF D 5.68%
RAVI A 4.72%
SHY C 3.37%
TDTT C 2.04%
LKOR D 0.5%
BNDC Underweight 99 Positions Relative to CEFD
Symbol Grade Weight
EVV D -2.63%
BDJ B -2.39%
HYT A -2.19%
BTZ D -2.16%
NXDT F -1.9%
AWF D -1.83%
DSL D -1.77%
JQC A -1.66%
BXMX A -1.65%
EMD C -1.5%
WIW D -1.37%
BHK D -1.3%
QQQX A -1.26%
BOE A -1.23%
BCX D -1.2%
HIO A -1.19%
JPC A -1.18%
RA C -1.17%
GHY C -1.16%
BGY C -1.09%
CII A -1.07%
HIX A -1.01%
BIT C -1.01%
EOS A -1.0%
IGD A -0.98%
EFT A -0.95%
HTD A -0.94%
BST B -0.92%
BLW C -0.92%
EAD D -0.9%
ISD C -0.88%
LDP C -0.84%
FFC D -0.83%
EFR A -0.82%
FRA A -0.82%
TEI D -0.75%
PHK B -0.75%
EOI A -0.73%
MIN D -0.71%
EHI D -0.71%
NBB D -0.71%
MCR D -0.7%
PDT C -0.69%
DIAX A -0.69%
PPT D -0.67%
WIA D -0.66%
MMT D -0.64%
GOF A -0.64%
JPI C -0.63%
BKT C -0.62%
PFN B -0.59%
JGH A -0.59%
FCT A -0.58%
ERC D -0.57%
HPS D -0.55%
HYI C -0.55%
DFP D -0.55%
BME D -0.54%
BGT A -0.49%
HPI D -0.47%
PHD A -0.44%
BGH B -0.44%
FTF D -0.43%
GBAB D -0.42%
HYB A -0.39%
EVG D -0.38%
IDE B -0.38%
DHF A -0.38%
PHT C -0.38%
TSI D -0.37%
ETB A -0.37%
FT A -0.37%
STK B -0.37%
DHY C -0.36%
HPF D -0.36%
MSD D -0.34%
INSI C -0.34%
FFA A -0.32%
DBL D -0.31%
GDO D -0.31%
PSF D -0.31%
VBF D -0.3%
BGR A -0.3%
PIM D -0.3%
PFL C -0.29%
IGA A -0.29%
OPP D -0.29%
SPXX A -0.27%
FLC D -0.24%
MCN C -0.24%
CIK D -0.24%
WEA A -0.22%
FAM B -0.21%
VLT D -0.19%
MGF D -0.19%
VGI D -0.18%
HEQ C -0.18%
GNT C -0.14%
JLS D -0.14%
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