# UBS ETRACS Wells Fargo Business Development Company Index ETN (BDCZ)

> Source: Nexqual · https://nexqual.com/BDCZ · data as of 2026-10-22 16:01 UTC · cite as "Nexqual, UBS ETRACS Wells Fargo Business Development Company Index ETN (BDCZ), nexqual.com/BDCZ" · informational, not investment advice.

**Price:** USD 13.78 (+0.39% on the day) · last close of Oct 22, 2026; US market closed, not a live price. Prev close 13.73 · day 13.78–13.78 · 52w 12.92–17.23 · market cap null · PCX

## Key facts
- Total return with dividends: 1Y -7.2% vs S&P 500 +14.0%; 5Y +12.8% vs S&P 500 +76.9%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -7.2% | +12.8% |
| S&P 500 (SPY) | +14.0% | +76.9% |
| Per year | -7.2% | +2.4% |
| Volatility (annualized) | 23.1% | 17.2% |
| Max drawdown | -14.7% (Jan 2026→Mar 2026) | -21.5% (Apr 2022→Sep 2022) |

## Peers
MLPB (ETRACS Alerian MLP Infrastructu) USD 29.49 +1.76% · AMUB (ETRACS Alerian MLP Index ETN Se) USD 22.18 +2.07% · BDCX (ETRACS Quarterly Pay 1.5x Lever) USD 17.43 +2.04% · PFFL (ETRACS 2xMonthly Pay Leveraged ) USD 6.42 +0.02% · PHYL (PGIM Active High Yield Bond ETF) USD 33.51 -0.15%

## More
Full page: https://nexqual.com/BDCZ · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in BDCZ's own 20-F filed 2026-03-09 (https://www.sec.gov/Archives/edgar/data/1114446/000161052026000026/ubs-20251231.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | CREDIT SUISSE AG (GLDI) | "UBS AG entered into a definitive merger agreement with Credit Suisse AG on 7" |
| Partner | Switzerland | "We consider a strong partner network as essential for UBS's success in Switzerland, enabling us to serve both corporate" |