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ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

Issuer

UBS

Inception Date

Jun 2, 2020

Leveraged

1.5x

Index Tracked

MVIS US Business Development Companies (150%)

Asset Class

Equity

Expense Ratio

BDCX has a high expense ratio of 0.95%, indicating above-average management fees.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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S&P 500

Returns By Period

ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN (BDCX) returned -3.29% year-to-date (YTD) and -0.04% over the past 12 months.


BDCX

YTD

-3.29%

1M

10.05%

6M

1.10%

1Y

-0.04%

3Y*

12.99%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

1.39%

1M

12.89%

6M

1.19%

1Y

12.45%

3Y*

15.19%

5Y*

14.95%

10Y*

10.86%

*Annualized

Monthly Returns

The table below presents the monthly returns of BDCX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20256.82%0.93%-6.55%-10.95%7.80%-3.29%
20241.92%-0.04%5.13%1.41%4.79%-1.41%-0.68%-2.90%0.69%0.21%5.82%-0.21%15.32%
202311.75%1.96%-7.40%1.28%1.12%6.65%8.12%-0.44%2.10%-7.28%9.11%5.62%35.33%
20223.22%-0.48%2.59%-6.87%-5.25%-11.24%12.05%-0.41%-22.27%17.47%6.66%-8.22%-17.67%
20212.52%14.95%6.88%7.97%2.36%0.85%0.15%1.98%0.10%6.34%-3.84%4.04%52.68%
2020-6.49%0.87%6.55%-0.45%-6.69%30.54%2.16%24.50%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of BDCX is 16, meaning it’s performing worse than 84% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of BDCX is 1616
Overall Rank
The Sharpe Ratio Rank of BDCX is 1515
Sharpe Ratio Rank
The Sortino Ratio Rank of BDCX is 1717
Sortino Ratio Rank
The Omega Ratio Rank of BDCX is 1818
Omega Ratio Rank
The Calmar Ratio Rank of BDCX is 1515
Calmar Ratio Rank
The Martin Ratio Rank of BDCX is 1515
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN (BDCX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN Sharpe ratios as of May 20, 2025 (values are recalculated daily):

  • 1-Year: -0.00
  • All Time: 0.71

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History

ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN provided a 17.25% dividend yield over the last twelve months, with an annual payout of $4.95 per share.


6.00%8.00%10.00%12.00%14.00%16.00%18.00%$0.00$1.00$2.00$3.00$4.00$5.0020202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020
Dividend$4.95$4.96$4.82$4.97$4.62$1.88

Dividend yield

17.25%15.28%14.71%17.47%11.52%6.32%

Monthly Dividends

The table displays the monthly dividend distributions for ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.90$0.00$0.00$1.56$0.00$2.45
2024$1.19$0.00$0.00$1.28$0.00$0.00$1.25$0.00$0.00$1.24$0.00$0.00$4.96
2023$1.19$0.00$0.00$1.21$0.00$0.00$1.17$0.00$0.00$1.25$0.00$0.00$4.82
2022$1.25$0.00$0.00$1.25$0.00$0.00$1.26$0.00$0.00$1.20$0.00$0.00$4.97
2021$1.02$0.00$0.00$1.14$0.00$0.00$1.21$0.00$0.00$1.25$0.00$0.00$4.62
2020$0.83$0.00$0.00$1.05$0.00$0.00$1.88

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN was 34.96%, occurring on Sep 29, 2022. Recovery took 304 trading sessions.

The current ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN drawdown is 12.27%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-34.96%Apr 21, 2022112Sep 29, 2022304Dec 14, 2023416
-28.98%Feb 20, 202534Apr 8, 2025
-20.19%Jun 9, 202022Jul 9, 202087Nov 10, 2020109
-13.63%Jul 15, 202416Aug 5, 202482Nov 29, 202498
-10.14%Dec 9, 202010Dec 22, 202028Feb 3, 202138

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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