Etracs Quarterly Pay Etf Profile

BDCX Etf  USD 32.25  0.29  0.89%   

Performance

8 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 9

 
High
 
Low
Low
ETRACS Quarterly is trading at 32.25 as of the 3rd of December 2024; that is 0.89% down since the beginning of the trading day. The etf's open price was 32.54. ETRACS Quarterly has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for ETRACS Quarterly Pay are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 13th of May 2023 and ending today, the 3rd of December 2024. Click here to learn more.
The index is intended to measure the performance of all business development companies listed on the New York Stock Exchange , NYSE AMEX or The Nasdaq Stock Market, Inc. Etracs Quarterly is traded on NYSEARCA Exchange in the United States. More on ETRACS Quarterly Pay

Moving together with ETRACS Etf

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  0.8UPRO ProShares UltraPro SP500PairCorr
  0.73TECL Direxion Daily TechnologyPairCorr

Moving against ETRACS Etf

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  0.5BND Vanguard Total BondPairCorr
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ETRACS Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationSector ETFs, Financials ETFs, Trading--Leveraged Equity, UBS (View all Sectors)
IssuerUBS
Inception Date2020-06-03
BenchmarkMVIS US Business Development Companies Index
Entity TypeExchange-Traded Note
Asset Under Management12.99 Million
Asset TypeEquity
CategorySector
FocusFinancials
Market ConcentrationDeveloped Markets
RegionNorth America
ExchangeNYSE Arca, Inc.
Market MakerIMC
Total Expense0.95
Management Fee0.95
Country NameUSA
Returns Y T D15.56
NameETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN
Currency CodeUSD
Open FigiBBG00V775ND8
In Threey Volatility24.8
1y Volatility10.01
200 Day M A32.3975
50 Day M A31.3899
CodeBDCX
Updated At3rd of December 2024
Currency NameUS Dollar
TypeETF
ETRACS Quarterly Pay [BDCX] is traded in USA and was established 2020-06-02. The fund is listed under Trading--Leveraged Equity category and is part of UBS family. The entity is thematically classified as Sector ETFs. ETRACS Quarterly Pay currently have 40.11 M in assets under management (AUM). , while the total return for the last 3 years was 9.0%.
Check ETRACS Quarterly Probability Of Bankruptcy

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More Details

ETRACS Quarterly Pay Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ETRACS Quarterly. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

ETRACS Quarterly Against Markets

When determining whether ETRACS Quarterly Pay is a strong investment it is important to analyze ETRACS Quarterly's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ETRACS Quarterly's future performance. For an informed investment choice regarding ETRACS Etf, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ETRACS Quarterly Pay. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
The market value of ETRACS Quarterly Pay is measured differently than its book value, which is the value of ETRACS that is recorded on the company's balance sheet. Investors also form their own opinion of ETRACS Quarterly's value that differs from its market value or its book value, called intrinsic value, which is ETRACS Quarterly's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ETRACS Quarterly's market value can be influenced by many factors that don't directly affect ETRACS Quarterly's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ETRACS Quarterly's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS Quarterly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRACS Quarterly's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.