MSTB vs. BDCZ ETF Comparison
Comparison of LHA Market State Tactical Beta ETF (MSTB) to ETRACS Wells Fargo Business Development Company Index ETN Series B due April 26, 2041 (BDCZ)
MSTB
LHA Market State Tactical Beta ETF
MSTB Description
The investment seeks to provide returns that outperform the large-capitalization U.S. equity market on a risk-adjusted basis. The fund seeks to achieve its objective by estimating the direction and magnitude of S&P 500 Index volatility based on the movement of the CBOE Volatility Index® (the VIX® Index). Under normal market conditions, its baseline exposure each day to the S&P 500 Index is approximately 90%, which the fund's portfolio managers then adjust based on a quantitative model and analysis of the movement of the VIX Index. Its exposure may be significantly greater or less than 90% at any given time. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$33.09
Average Daily Volume
9,152
1
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
Performance
| Period | MSTB | BDCZ |
|---|---|---|
| 30 Days | 4.04% | 1.14% |
| 60 Days | 8.14% | 2.73% |
| 90 Days | 6.74% | 6.24% |
| 12 Months | 22.40% | 25.14% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MSTB | Weight in BDCZ | Overlap |
|---|
MSTB Overweight 1 Positions Relative to BDCZ
| Symbol | Grade | Weight | |
|---|---|---|---|
| VIXY | F | 6.17% |
MSTB Underweight 23 Positions Relative to BDCZ
| 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% |
MSTB: Top Represented Industries & Keywords
BDCZ: Top Represented Industries & Keywords
Compare ETFs
