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ETRACS MVIS Business Development Companies Index ETN (BDCZ)

ETF · Currency in USD · Last updated Nov 28, 2022

BDCZ is a passive ETF by UBS tracking the investment results of the BDCZ-US - MVIS US Business Development Companies Index. BDCZ launched on Oct 8, 2015 and has a 0.85% expense ratio.

ETF Info

ISINUS90274D4161
CUSIP90274D416
IssuerUBS
Inception DateOct 8, 2015
RegionNorth America (U.S.)
CategoryFinancials Equities
Expense Ratio0.85%
Index TrackedBDCZ-US - MVIS US Business Development Companies Index
Asset ClassEquity

Asset Class Size

Micro-Cap

Asset Class Style

Blend

Trading Data

Previous Close$17.71
Year Range$15.06 - $19.59
EMA (50)$16.96
EMA (200)$17.49
Average Volume$2.47K

BDCZShare Price Chart


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BDCZPerformance

The chart shows the growth of $10,000 invested in ETRACS MVIS Business Development Companies Index ETN in Oct 2015 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $15,315 for a total return of roughly 53.15%. All prices are adjusted for splits and dividends.


-15.00%-10.00%-5.00%0.00%5.00%JuneJulyAugustSeptemberOctoberNovember
1.24%
-2.57%
BDCZ (ETRACS MVIS Business Development Companies Index ETN)
Benchmark (^GSPC)

BDCZCompare to other instruments

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

BDCZReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M6.90%4.33%
6M2.04%-0.78%
YTD-2.67%-15.53%
1Y-2.45%-14.14%
5Y7.12%14.06%
10Y9.91%12.87%

BDCZMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20222.58%-0.18%1.63%-4.31%-3.46%-6.91%8.33%-0.20%-14.62%11.77%5.42%
20211.59%10.07%4.71%5.77%1.65%0.45%0.18%1.38%0.05%4.29%-2.56%2.12%
20200.51%-10.29%-37.93%17.46%10.32%0.27%0.52%4.50%-0.50%-4.46%18.04%3.89%
201911.91%2.71%-0.97%3.38%-3.15%3.19%0.97%-0.11%2.54%-0.46%2.94%1.07%
2018-0.34%-3.69%0.48%4.29%-0.90%1.05%3.92%1.09%0.77%-6.71%0.11%-7.26%
20171.68%4.81%1.27%-0.67%-3.95%0.90%0.22%-4.07%1.79%-0.40%0.07%-0.92%
2016-7.78%0.03%10.67%2.71%-0.49%1.39%0.00%0.00%0.00%0.00%3.46%8.68%
2015-5.60%3.79%-2.64%

BDCZSharpe 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 MVIS Business Development Companies Index ETN Sharpe ratio is -0.11. 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.


-0.80-0.60-0.40-0.200.000.20JuneJulyAugustSeptemberOctoberNovember
-0.11
-0.58
BDCZ (ETRACS MVIS Business Development Companies Index ETN)
Benchmark (^GSPC)

BDCZDividend History

ETRACS MVIS Business Development Companies Index ETN granted a 8.81% dividend yield in the last twelve months. The annual payout for that period amounted to $1.57 per share.


PeriodTTM2021202020192018201720162015
Dividend$1.57$1.50$1.62$1.71$1.71$1.82$1.80$0.00

Dividend yield

8.81%8.20%11.83%11.11%13.98%13.76%13.62%0.00%

BDCZDrawdowns Chart

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


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%December2022FebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovember
-9.02%
-16.06%
BDCZ (ETRACS MVIS Business Development Companies Index ETN)
Benchmark (^GSPC)

BDCZWorst Drawdowns

The table below shows the maximum drawdowns of the ETRACS MVIS Business Development Companies 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 MVIS Business Development Companies Index ETN is 55.62%, recorded on Mar 23, 2020. It took 243 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-55.62%Feb 21, 202022Mar 23, 2020243Mar 10, 2021265
-23.12%Apr 21, 2022112Sep 29, 2022
-22.19%Aug 30, 201764Dec 20, 2018235Nov 26, 2019299
-13.1%Dec 4, 201510Jan 26, 201637Nov 2, 201647
-5.98%Oct 16, 20154Oct 27, 20156Dec 2, 201510
-5.8%Apr 30, 20219May 12, 202111May 27, 202120
-5.75%Jan 13, 20227Jan 24, 202210Feb 7, 202217
-5.36%Nov 9, 202129Dec 20, 20219Jan 4, 202238
-4.64%Feb 9, 202223Mar 14, 202214Apr 1, 202237
-4.59%Apr 17, 20173May 12, 20176Aug 28, 20179

BDCZVolatility Chart

Current ETRACS MVIS Business Development Companies Index ETN volatility is 10.84%. 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.


10.00%20.00%30.00%40.00%50.00%JuneJulyAugustSeptemberOctoberNovember
10.84%
12.31%
BDCZ (ETRACS MVIS Business Development Companies Index ETN)
Benchmark (^GSPC)