RDFI vs. BDCX ETF Comparison
Comparison of Rareview Dynamic Fixed Income ETF (RDFI) to ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN (BDCX)
RDFI
Rareview Dynamic Fixed Income ETF
RDFI Description
The investment seeks total return with an emphasis on providing current income. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in fixed income closed-end funds trading at a discount or premium to their underlying net asset value and that pay regular periodic cash distributions. Through its investments in closed-end funds that hold non-U.S. fixed income securities, the fund may invest indirectly in foreign securities, including securities of issuers located in emerging markets. It is non-diversified.
Grade (RS Rating)
Last Trade
$24.81
Average Daily Volume
10,959
29
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
$32.22
Average Daily Volume
1,914
23
Performance
| Period | RDFI | BDCX |
|---|---|---|
| 30 Days | 1.45% | 1.97% |
| 60 Days | 4.66% | 10.31% |
| 90 Days | 7.58% | -4.33% |
| 12 Months | 24.55% | 23.27% |
0 Overlapping Holdings
| Symbol | Grade | Weight in RDFI | Weight in BDCX | Overlap |
|---|
RDFI Overweight 29 Positions Relative to BDCX
| Symbol | Grade | Weight | |
|---|---|---|---|
| EMD | A | 6.47% | |
| NPFD | A | 6.06% | |
| EDD | C | 5.97% | |
| FPF | A | 5.56% | |
| HIO | B | 4.64% | |
| PDX | A | 4.57% | |
| TEI | C | 4.23% | |
| NVG | B | 3.97% | |
| NZF | B | 3.8% | |
| ZROZ | D | 3.05% | |
| NAD | B | 3.03% | |
| BTZ | B | 2.96% | |
| EAD | B | 2.89% | |
| RA | B | 2.53% | |
| NEA | A | 2.17% | |
| FTF | A | 2.17% | |
| MMU | B | 2.08% | |
| BLE | B | 1.98% | |
| IQI | B | 1.87% | |
| FEMB | C | 1.66% | |
| HIX | B | 1.5% | |
| VKQ | B | 1.48% | |
| MYD | B | 1.46% | |
| EVV | A | 1.43% | |
| VMO | B | 1.36% | |
| GHY | A | 1.34% | |
| ERC | B | 1.29% | |
| JPC | C | 0.42% | |
| IIM | B | 0.29% |
RDFI 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 | B | -4.71% | |
| GBDC | B | -4.5% | |
| GSBD | D | -4.48% | |
| HTGC | B | -4.42% | |
| NMFC | F | -3.68% | |
| OCSL | D | -3.54% | |
| TCPC | F | -2.36% | |
| CGBD | B | -2.28% | |
| BCSF | A | -2.09% | |
| SLRC | C | -2.05% | |
| NEWT | D | -1.96% | |
| CSWC | B | -1.82% | |
| BBDC | A | -1.72% | |
| GAIN | B | -1.69% | |
| TPVG | F | -1.57% | |
| PFLT | A | -1.45% | |
| PNNT | B | -1.4% | |
| FDUS | C | -1.28% | |
| GLAD | A | -1.22% |
RDFI: Top Represented Industries & Keywords
BDCX: Top Represented Industries & Keywords
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