Financial · NYSE ARCA · USD · Data as of 2026-07-30
AUM
$11.31M
Expense ratio
0.85%
Yield
11.02%
YTD return
-5.83%
Last price
$14.52
Unclassified · Coverage 38% · low
Today
37.8
Outlook
37.1
Block A (composite-derived)
26.3
Block C (market behavior)
35.6
Today overlay (Block D)
0.0
Outlook overlay (Block D)
0.0
today_score = clip(0,100, 50 + 0.15·(A−50) + 0.60·(C−50) + D_today). Block B (holdings rollup) is in Phase 3 development; β=0 caps the natural range at ~12.5–87.5 in Preview v0.9. Formula version tide-etf-v1.0.0.
26.3
Coverage 38% · low
Liquidity
25.0
Expenses
45.0
Performance
—
Volatility
—
Dividend
0.0
Concentration
—
Smart Money
—
Activist
—
Formula version composite-v1.0.0. Axes hover to see why a sub-score is missing.
Editorial coverage for BDCZ is coming soon — copy is rolling out to the broader universe ETF-by-ETF in 2026Q2.
Etracs MVIS Business Development Companies Index ETN is an Exchange Traded Note designed to track the performance of the MVIS US Business Development Companies Index. The primary function of this ETN is to provide investors exposure to the business development sector, which comprises companies that help grow small and medium-sized enterprises by offering capital and advisory services. Notably, Business Development Companies (BDCs) focus on non-publicly traded firms, impacting industries from healthcare to technology by facilitating access to necessary financial resources for expansion. Etracs MVIS Business Development Companies Index ETN plays a significant role in the financial market by offering a strategic avenue for diversification, as BDCs tend to have varied portfolios encompassing multiple industries. This makes the ETN a useful tool for investors seeking an income-oriented investment due to the generally high dividend yields associated with BDCs. The ETN is structured to reflect the underlying index's performance, adopting a market-conscious approach to BDCs, thus serving as a barometer for economic health in the small and mid-cap business sectors.
30-day change
$51.3K
90-day change
—
Current AUM: $11,311,350. AUM change is computed from rolling daily fundamentals snapshots; it reflects total net-asset deltas (creations/redemptions + market value moves), not pure share creations.
| Ex-date | Amount | Adjusted |
|---|---|---|
| 2026-07-14 | $0.53 | Yes |
| 2026-04-13 | $0.45 | Yes |
| 2026-01-13 | $0.32 | Yes |
| 2025-10-10 | $0.45 | Yes |
| 2025-07-14 | $0.44 | Yes |
| 2025-04-11 | $0.58 | Yes |
| 2025-01-13 | $0.32 | Yes |
| 2024-10-11 | $0.45 | Yes |
| 2024-07-15 | $0.45 | Yes |
| 2024-04-11 | $0.46 | Yes |
| 2024-01-12 | $0.44 | Yes |
| 2023-10-12 | $0.44 | Yes |
| 2023-07-13 | $0.43 | Yes |
| 2023-04-12 | $0.43 | Yes |
| 2023-01-12 | $0.43 | Yes |
| 2022-10-12 | $0.40 | Yes |
| 2022-07-13 | $0.41 | Yes |
| 2022-04-11 | $0.38 | Yes |
| 2022-01-11 | $0.38 | Yes |
| 2021-10-12 | $0.38 | Yes |
| 2021-07-13 | $0.37 | Yes |
| 2021-04-12 | $0.38 | Yes |
| 2021-01-12 | $0.37 | Yes |
| 2020-10-09 | $0.38 | Yes |
| 2020-07-13 | $0.37 | Yes |
| 2020-04-09 | $0.45 | Yes |
| 2020-01-10 | $0.43 | Yes |
| 2019-10-10 | $0.41 | Yes |
| 2019-07-12 | $0.43 | Yes |
| 2018-10-11 | $0.42 | Yes |
| 2017-10-12 | $0.45 | Yes |
| 2017-07-12 | $0.48 | Yes |
| 2017-04-10 | $0.44 | Yes |
| 2017-01-11 | $0.44 | Yes |
| 2016-10-11 | $0.44 | Yes |
| 2016-07-12 | $0.45 | Yes |
| 2016-04-08 | $0.45 | Yes |
| 2016-01-11 | $0.46 | Yes |
Fund documents (fact sheets, prospectuses, semi-annual reports) for BDCZ are coming soon. The BW fund-document archive will surface PDFs alongside a metadata index for searchability.