BDCZ vs. FEQIX
Compare and contrast key facts about ETRACS MVIS Business Development Companies Index ETN (BDCZ) and Fidelity Equity-Income Fund (FEQIX).
BDCZ is a passively managed fund by UBS that tracks the performance of the BDCZ-US - MVIS US Business Development Companies Index. It was launched on Oct 8, 2015. FEQIX is managed by Fidelity. It was launched on May 16, 1966.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BDCZ or FEQIX.
Key characteristics
| BDCZ | FEQIX | |
|---|---|---|
| YTD Return | 8.22% | 20.25% |
| 1Y Return | 14.66% | 28.74% |
| 3Y Return (Ann) | 7.85% | 4.11% |
| 5Y Return (Ann) | 9.23% | 7.39% |
| Sharpe Ratio | 1.37 | 2.77 |
| Sortino Ratio | 1.86 | 3.82 |
| Omega Ratio | 1.25 | 1.51 |
| Calmar Ratio | 1.68 | 2.25 |
| Martin Ratio | 5.58 | 20.02 |
| Ulcer Index | 2.74% | 1.39% |
| Daily Std Dev | 11.20% | 10.06% |
| Max Drawdown | -55.62% | -62.07% |
| Current Drawdown | -3.00% | -0.25% |
Correlation
The correlation between BDCZ and FEQIX is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BDCZ vs. FEQIX - Performance Comparison
In the year-to-date period, BDCZ achieves a 8.22% return, which is significantly lower than FEQIX's 20.25% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BDCZ vs. FEQIX - Expense Ratio Comparison
BDCZ has a 0.85% expense ratio, which is higher than FEQIX's 0.57% expense ratio.
Risk-Adjusted Performance
BDCZ vs. FEQIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ETRACS MVIS Business Development Companies Index ETN (BDCZ) and Fidelity Equity-Income Fund (FEQIX). 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.
Dividends
BDCZ vs. FEQIX - Dividend Comparison
BDCZ's dividend yield for the trailing twelve months is around 9.60%, more than FEQIX's 1.54% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BDCZ ETRACS MVIS Business Development Companies Index ETN | 9.60% | 9.13% | 11.66% | 7.49% | 10.01% | 8.39% | 9.66% | 8.75% | 7.98% | 0.00% | 0.00% | 0.00% |
FEQIX Fidelity Equity-Income Fund | 1.54% | 1.78% | 1.93% | 1.55% | 1.50% | 1.82% | 2.73% | 2.03% | 2.37% | 7.35% | 8.14% | 2.18% |
Drawdowns
BDCZ vs. FEQIX - Drawdown Comparison
The maximum BDCZ drawdown since its inception was -55.62%, smaller than the maximum FEQIX drawdown of -62.07%. Use the drawdown chart below to compare losses from any high point for BDCZ and FEQIX. For additional features, visit the drawdowns tool.
Volatility
BDCZ vs. FEQIX - Volatility Comparison
ETRACS MVIS Business Development Companies Index ETN (BDCZ) has a higher volatility of 3.79% compared to Fidelity Equity-Income Fund (FEQIX) at 3.35%. This indicates that BDCZ's price experiences larger fluctuations and is considered to be riskier than FEQIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.