LDSF vs. BDCX ETF Comparison
Comparison of First Trust Low Duration Strategic Focus ETF (LDSF) to ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN (BDCX)
LDSF
First Trust Low Duration Strategic Focus ETF
LDSF Description
The investment seeks to generate current income, with a secondary objective of preservation of capital. Under normal market conditions, the fund seeks to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in a portfolio of U.S.-listed exchange-traded funds ("ETFs") that principally invest in income-generating securities that provide it with a duration of three years or less. A significant portion of the ETFs in which the fund invests may be advised by First Trust. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$18.76
Average Daily Volume
74,845
6
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
$34.93
Average Daily Volume
1,314
23
Performance
| Period | LDSF | BDCX |
|---|---|---|
| 30 Days | 0.51% | 1.41% |
| 60 Days | 1.40% | 3.55% |
| 90 Days | 1.33% | 8.58% |
| 12 Months | 6.74% | 34.78% |
0 Overlapping Holdings
| Symbol | Grade | Weight in LDSF | Weight in BDCX | Overlap |
|---|
LDSF Underweight 23 Positions Relative to BDCX
| 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% |
LDSF: Top Represented Industries & Keywords
BDCX: Top Represented Industries & Keywords
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