ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN (BDCX)
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.
Share Price Chart
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Performance
The chart shows the growth of $10,000 invested in ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $15,305 for a total return of roughly 53.05%. All prices are adjusted for splits and dividends.
Compare to other instruments
Return
ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN had a return of -2.20% year-to-date (YTD) and -19.14% in the last 12 months. Over the past 10 years, ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN had an annualized return of 16.51%, outperforming the S&P 500 benchmark which had an annualized return of 8.47%.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | -13.37% | -5.31% |
| Year-To-Date | -2.20% | 2.01% |
| 6 months | -10.48% | 0.39% |
| 1 year | -19.14% | -10.12% |
| 5 years (annualized) | 16.51% | 8.47% |
| 10 years (annualized) | 16.51% | 8.47% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 11.75% | 1.96% | ||||||||||
| 2022 | -22.27% | 17.47% | 6.66% | -8.22% |
Dividend History
ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN granted a 23.01% dividend yield in the last twelve months. The annual payout for that period amounted to $6.16 per share.
| Period | TTM | 2022 | 2021 | 2020 |
|---|---|---|---|---|
| Dividend | $6.16 | $4.97 | $4.62 | $1.88 |
Dividend yield | 23.01% | 18.17% | 13.89% | 8.64% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $1.19 | $0.00 | ||||||||||
| 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 |
| 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 |
| 2020 | $0.83 | $0.00 | $0.00 | $1.05 | $0.00 | $0.00 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst 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, 2022 | 112 | Sep 29, 2022 | — | — | — |
| -20.19% | Jun 9, 2020 | 22 | Jul 9, 2020 | 87 | Nov 10, 2020 | 109 |
| -10.14% | Dec 9, 2020 | 10 | Dec 22, 2020 | 28 | Feb 3, 2021 | 38 |
| -8.57% | Apr 30, 2021 | 9 | May 12, 2021 | 11 | May 27, 2021 | 20 |
| -8.54% | Jan 13, 2022 | 7 | Jan 24, 2022 | 11 | Feb 8, 2022 | 18 |
| -8.13% | Nov 9, 2021 | 29 | Dec 20, 2021 | 10 | Jan 4, 2022 | 39 |
| -6.9% | Feb 9, 2022 | 23 | Mar 14, 2022 | 14 | Apr 1, 2022 | 37 |
| -6.3% | Jun 15, 2021 | 24 | Jul 19, 2021 | 56 | Oct 6, 2021 | 80 |
| -4.72% | Mar 16, 2021 | 7 | Mar 24, 2021 | 6 | Apr 1, 2021 | 13 |
| -3.06% | Mar 4, 2021 | 2 | Mar 5, 2021 | 3 | Mar 10, 2021 | 5 |
Volatility Chart
Current ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN volatility is 60.73%. 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.