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ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN (BDCX)

ETF · Currency in USD · Last updated Nov 29, 2022

BDCX is a passive ETF by UBS tracking the investment results of the MVIS US Business Development Companies (150%). BDCX launched on Jun 2, 2020 and has a 0.95% expense ratio.

ETF Info

IssuerUBS
Inception DateJun 2, 2020
CategoryLeveraged Equities, Leveraged
Leveraged1.5x
Expense Ratio0.95%
Index TrackedMVIS US Business Development Companies (150%)
Asset ClassEquity

Trading Data

Previous Close$30.37
Year Range$24.59 - $37.81
EMA (50)$29.49
EMA (200)$31.39
Average Volume$7.51K

BDCXShare Price Chart


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BDCXPerformance

The chart shows the growth of $10,000 invested in ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN in Jun 2020 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $16,705 for a total return of roughly 67.05%. All prices are adjusted for splits and dividends.


-30.00%-20.00%-10.00%0.00%10.00%JulyAugustSeptemberOctoberNovember
-6.24%
-3.35%
BDCX (ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN)
Benchmark (^GSPC)

BDCXCompare to other instruments

Search for stocks, ETFs, and funds to compare with BDCX

BDCXReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M4.10%1.61%
6M-7.05%-4.67%
YTD-12.12%-16.83%
1Y-9.58%-13.73%
5Y22.90%10.06%
10Y22.90%10.06%

BDCXMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20223.22%-0.48%2.59%-6.87%-5.25%-11.24%12.05%-0.42%-22.27%17.47%4.50%
20212.52%14.95%6.88%7.97%2.36%0.85%0.15%1.98%0.10%6.34%-3.84%4.04%
2020-6.49%0.87%6.55%-0.45%-6.69%30.54%2.16%

BDCXSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN Sharpe ratio is -0.29. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-0.80-0.60-0.40-0.200.000.20JulyAugustSeptemberOctoberNovember
-0.29
-0.57
BDCX (ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN)
Benchmark (^GSPC)

BDCXDividend History

ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN granted a 16.36% dividend yield in the last twelve months. The annual payout for that period amounted to $4.97 per share.


PeriodTTM20212020
Dividend$4.97$4.62$1.88

Dividend yield

16.36%13.36%8.31%

BDCXDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%December2022FebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovember
-19.67%
-17.36%
BDCX (ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN)
Benchmark (^GSPC)

BDCXWorst Drawdowns

The table below shows the maximum drawdowns of the ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN is 34.96%, recorded on Sep 29, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-34.96%Apr 21, 2022112Sep 29, 2022
-20.19%Jun 9, 202022Jul 9, 202087Nov 10, 2020109
-10.14%Dec 9, 202010Dec 22, 202028Feb 3, 202138
-8.57%Apr 30, 20219May 12, 202111May 27, 202120
-8.54%Jan 13, 20227Jan 24, 202211Feb 8, 202218
-8.13%Nov 9, 202129Dec 20, 202110Jan 4, 202239
-6.9%Feb 9, 202223Mar 14, 202214Apr 1, 202237
-6.3%Jun 15, 202124Jul 19, 202156Oct 6, 202180
-4.72%Mar 16, 20217Mar 24, 20216Apr 1, 202113
-3.06%Mar 4, 20212Mar 5, 20213Mar 10, 20215

BDCXVolatility Chart

Current ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN volatility is 22.82%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


20.00%40.00%60.00%80.00%JulyAugustSeptemberOctoberNovember
22.82%
14.31%
BDCX (ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN)
Benchmark (^GSPC)