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ETRACS MVIS Business Development Companies Index ETN (BDCZ)

ETF · Currency in USD · Last updated Nov 28, 2023

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.

Summary

ETF Info

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

Asset Class Size

Micro-Cap

Asset Class Style

Blend

Expense Ratio

The ETRACS MVIS Business Development Companies Index ETN has a high expense ratio of 0.85%, indicating higher-than-average management fees.


0.85%
0.00%2.15%

Share Price Chart


Loading data...

Performance

The chart shows the growth of an initial investment of $10,000 in ETRACS MVIS Business Development Companies 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%70.00%80.00%90.00%100.00%JuneJulyAugustSeptemberOctoberNovember
78.13%
94.44%
BDCZ (ETRACS MVIS Business Development Companies Index ETN)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

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

ETRACS MVIS Business Development Companies Index ETN

Popular comparisons: BDCZ vs. MLPR, BDCZ vs. HYG, BDCZ vs. BIZD

Return

ETRACS MVIS Business Development Companies Index ETN had a return of 20.94% year-to-date (YTD) and 13.47% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date20.94%18.52%
1 month7.81%10.52%
6 months13.94%8.20%
1 year13.47%13.02%
5 years (annualized)8.87%10.68%
10 years (annualized)N/A9.71%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20230.95%1.02%4.66%5.58%-0.17%1.58%-4.64%

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for ETRACS MVIS Business Development Companies Index ETN (BDCZ) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
BDCZ
ETRACS MVIS Business Development Companies Index ETN
0.89
^GSPC
S&P 500
0.91

Sharpe Ratio

The current ETRACS MVIS Business Development Companies Index ETN Sharpe ratio is 0.89. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.


Rolling 12-month Sharpe Ratio0.000.501.001.50JuneJulyAugustSeptemberOctoberNovember
0.89
0.93
BDCZ (ETRACS MVIS Business Development Companies Index ETN)
Benchmark (^GSPC)

Dividend History

ETRACS MVIS Business Development Companies Index ETN granted a 9.46% dividend yield in the last twelve months. The annual payout for that period amounted to $1.73 per share.


PeriodTTM2022202120202019201820172016
Dividend$1.73$1.57$1.50$1.62$1.71$1.71$1.82$1.80

Dividend yield

9.46%9.39%7.52%10.01%8.39%9.67%8.74%7.98%

Monthly Dividends

The table displays the monthly dividend distributions for ETRACS MVIS Business Development Companies Index ETN. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.43$0.00$0.00$0.43$0.00$0.00$0.43$0.00$0.00$0.44
2022$0.38$0.00$0.00$0.38$0.00$0.00$0.41$0.00$0.00$0.40$0.00$0.00
2021$0.37$0.00$0.00$0.38$0.00$0.00$0.37$0.00$0.00$0.38$0.00$0.00
2020$0.43$0.00$0.00$0.45$0.00$0.00$0.37$0.00$0.00$0.38$0.00$0.00
2019$0.45$0.00$0.00$0.42$0.00$0.00$0.43$0.00$0.00$0.41$0.00$0.00
2018$0.45$0.00$0.00$0.42$0.00$0.00$0.43$0.00$0.00$0.42$0.00$0.00
2017$0.44$0.00$0.00$0.44$0.00$0.00$0.48$0.00$0.00$0.45$0.00$0.00
2016$0.46$0.00$0.00$0.45$0.00$0.00$0.45$0.00$0.00$0.44$0.00$0.00

Drawdowns Chart

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


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.83%
-5.47%
BDCZ (ETRACS MVIS Business Development Companies Index ETN)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the ETRACS MVIS Business Development Companies 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 MVIS Business Development Companies Index ETN was 55.62%, occurring on Mar 23, 2020. Recovery took 243 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-55.62%Feb 21, 202022Mar 23, 2020243Mar 10, 2021265
-23.12%Apr 21, 2022112Sep 29, 2022204Jul 26, 2023316
-22.04%Aug 30, 201764Dec 20, 2018235Nov 26, 2019299
-13.1%Dec 4, 201510Jan 26, 201637Nov 2, 201647
-6.22%Sep 26, 202324Oct 27, 202312Nov 14, 202336

Volatility Chart

The current ETRACS MVIS Business Development Companies Index ETN volatility is 3.70%, 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.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
3.70%
3.31%
BDCZ (ETRACS MVIS Business Development Companies Index ETN)
Benchmark (^GSPC)

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