BDCXETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN
The index is intended to measure the performance of all business development companies listed on the New York Stock Exchange (“NYSE”), NYSE AMEX or The Nasdaq Stock Market, Inc. (“NASDAQ”) that satisfy specified market capitalization and other eligibility requirements. It is a proprietary index of Wells Fargo Securities, LLC.
UBS · Since 2020 (5 years)
0.00%
#5332 out of 5,332 ETFs
$6M
#4741 out of 5,332 ETFs
22.25%
5 years
#2161 out of 5,332 ETFs
Performance
1 Year
-1.7%
3 Years
+10.2%
5 Years
+5.0%
What's inside
Risk profile
27.4%
High
-35.0%
Worst peak-to-trough loss
0.37
Below average
0.53
Moderate downside risk
Similar ETFs
Our take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Leveraged ETF — not a long-term hold
This fund uses leverage to amplify daily returns (e.g. 2x or 3x of an index). Daily rebalancing creates volatility decay — over weeks and months, the fund's return drifts from the stated multiple. In trending markets with low realised volatility, leveraged index ETFs can outperform their nominal multiple; in sideways or volatile markets they bleed. Designed for short-term tactical use, not buy-and-hold.
Source: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)
Why we flagged this: strategy=leveraged + leveraged_name_or_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
Data updated on 2026-05-05