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
16
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
23
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 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% |
RINC: Top Represented Industries & Keywords
BDCX: Top Represented Industries & Keywords