RINC vs. BDCX ETF Comparison

Comparison of AXS Real Estate Income ETF (RINC) to ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN (BDCX)
RINC

AXS Real Estate Income ETF

RINC Description

The fund uses a "passive management" approach to track the performance, before fees and expenses, of the index. Under normal circumstances, at least 80% of the fund"s net assets, plus borrowings for investment purposes, will be invested in the component securities of the index. The index consists primarily of common stocks of U.S. publicly traded real estate investment trusts that focus on owning commercial and residential mortgages and mortgage-backed securities and to a lesser extent, publicly traded closed-end funds. It is non-diversified.

Grade (RS Rating)

Last Trade

$23.28

Average Daily Volume

3,909

Number of Holdings *

16

* may have additional holdings in another (foreign) market
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

$31.68

Average Daily Volume

1,335

Number of Holdings *

23

* may have additional holdings in another (foreign) market
Performance
Period RINC BDCX
30 Days 0.77% 1.38%
60 Days -4.61% 3.42%
90 Days -2.72% 5.75%
12 Months 5.94% 18.59%
0 Overlapping Holdings
Symbol Grade Weight in RINC Weight in BDCX Overlap
RINC Overweight 16 Positions Relative to BDCX
Symbol Grade Weight
BRSP B 5.17%
TRTX B 4.91%
LADR B 4.72%
ABR C 4.68%
FBRT C 4.67%
ARI C 4.6%
STWD C 4.56%
BXMT C 4.37%
KREF D 4.34%
RC D 4.32%
EFC C 4.19%
RWT D 4.1%
CMTG F 4.09%
DX B 3.85%
AGNC D 3.55%
PMT D 3.54%
RINC Underweight 23 Positions Relative to BDCX
Symbol Grade Weight
ARCC A -17.86%
FSK A -11.43%
MAIN A -5.85%
PSEC D -5.48%
TSLX C -4.71%
GBDC C -4.5%
GSBD F -4.48%
HTGC D -4.42%
NMFC D -3.68%
OCSL F -3.54%
TCPC C -2.36%
CGBD D -2.28%
BCSF C -2.09%
SLRC A -2.05%
NEWT B -1.96%
CSWC D -1.82%
BBDC A -1.72%
GAIN C -1.69%
TPVG C -1.57%
PFLT D -1.45%
PNNT B -1.4%
FDUS A -1.28%
GLAD B -1.22%
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