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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.


Expense ratio chart for BDCX: current value is 0.95%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
BDCX: 0.95%

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

The chart shows the growth of an initial investment of $10,000 in ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


60.00%80.00%100.00%120.00%140.00%160.00%NovemberDecember2025FebruaryMarchApril
123.96%
76.93%
BDCX (ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN)
Benchmark (^GSPC)

Returns By Period

ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN had a return of -8.30% year-to-date (YTD) and -2.15% in the last 12 months.


BDCX

YTD

-8.30%

1M

-10.74%

6M

-5.22%

1Y

-2.15%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

-6.06%

1M

-3.27%

6M

-4.87%

1Y

9.44%

5Y*

14.30%

10Y*

10.11%

*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%-8.97%-8.30%
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 14, meaning it’s performing worse than 86% 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 1414
Overall Rank
The Sharpe Ratio Rank of BDCX is 1515
Sharpe Ratio Rank
The Sortino Ratio Rank of BDCX is 1616
Sortino Ratio Rank
The Omega Ratio Rank of BDCX is 1616
Omega Ratio Rank
The Calmar Ratio Rank of BDCX is 1313
Calmar Ratio Rank
The Martin Ratio Rank of BDCX is 1313
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 chart of Sharpe ratio for BDCX, currently valued at -0.10, compared to the broader market-1.000.001.002.003.004.005.00
BDCX: -0.10
^GSPC: 0.46
The chart of Sortino ratio for BDCX, currently valued at 0.06, compared to the broader market-2.000.002.004.006.008.00
BDCX: 0.06
^GSPC: 0.77
The chart of Omega ratio for BDCX, currently valued at 1.01, compared to the broader market0.501.001.502.00
BDCX: 1.01
^GSPC: 1.11
The chart of Calmar ratio for BDCX, currently valued at -0.10, compared to the broader market0.002.004.006.008.0010.0012.00
BDCX: -0.10
^GSPC: 0.47
The chart of Martin ratio for BDCX, currently valued at -0.40, compared to the broader market0.0020.0040.0060.00
BDCX: -0.40
^GSPC: 1.94

The current ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN Sharpe ratio is -0.10. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00NovemberDecember2025FebruaryMarchApril
-0.10
0.46
BDCX (ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN)
Benchmark (^GSPC)

Dividends

Dividend History

ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN provided a 18.19% 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

18.19%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$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.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-16.81%
-10.07%
BDCX (ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN)
Benchmark (^GSPC)

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 16.81%.


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 current ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN volatility is 21.16%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
21.16%
14.23%
BDCX (ETRACS Quarterly Pay 1.5X Leveraged MVIS BDC Index ETN)
Benchmark (^GSPC)