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ETFs

VanEck BDC Income ETF

BIZD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 11, 2013
Expense Ratio
10.92%
Type
US Equities
Fund Owner
Van Eck Associates Corporation
Volume (1m avg. daily)
$4,675,762
AUM
$719,419,750
Associated Index
MVIS US Business Development Companies Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

ARCC
Ares Capital Corp
19.72%
FSK
FS KKR Capital Corp
12.87%
OBDC
Blue Owl Capital Corp
11.79%
HTGC
Hercules Capital Inc
4.60%
BXSL
Blackstone Secured Lending Fund.
4.58%
MAIN
Main Street Capital Corporation
4.48%
GBDC
Golub Capital BDC Inc
4.48%
PSEC
Prospect Capital Corp
4.11%
TSLX
Sixth Street Specialty Lending Inc
4.04%
OCSL
Oaktree Specialty Lending Corp
3.53%
Invest with BIZD

What is BIZD?

The VanEck BDC Income ETF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS US Business Development Companies Index (MVBIZDTG), a rules based index intended to track the overall performance of publicly traded business development companies.

ETFs related toBIZD

ETFs correlated to BIZD include KBWD, MORT, REM

BIZD
VanEck ETF Trust - VanEck BDC Income ETF
KBWD
Invesco Capital Management LLC - Invesco KBW High Dividend Yield Financial ETF
MORT
VanEck ETF Trust - VanEck Mortgage REIT Income ETF
REM
BlackRock Institutional Trust Company N.A. - iShares Mortgage Real Estate ETF
DON
WisdomTree Trust - WisdomTree U.S. MidCap Dividend Fund
VBR
Vanguard Group, Inc. - Vanguard Small Cap Value ETF
IWS
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap Value ETF
MDYV
SPDR Series Trust - SPDR S&P 400 Mid Cap Value ETF
SCHM
Schwab Strategic Trust - Schwab U.S. Mid-Cap ETF
BBMC
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Mid Cap Equity ETF
SMMD
BlackRock Institutional Trust Company N.A. - iShares Russell 2500 ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toBIZD

#WIR

When Inflation is Rising

Category

Living With High Inflation, Worried about Inflation?

Risk Rating

Moderate

#DPE

Diversify with Private Equity

Category

Getting Started, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with BIZD using Composer

FAQ

BIZD is a US Equities ETF. The VanEck BDC Income ETF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS US Business Development Companies Index (MVBIZDTG), a rules based index intended to track the overall performance of publicly traded business development companies.

BIZD tracks the MVIS US Business Development Companies Index.

No, BIZD is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, BIZD is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on BIZD is 0.0349%. This is the percent change in the value of BIZD over the most recent 1-month period. The 3-month return on BIZD is 0.1016%. This is the percent change in the value of BIZD over the most recent 3-month period.

The standard deviation of BIZD for the past year is 0.2004%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to BIZD include BDCX, BDCZ, and XLI.

ETFs correlated to BIZD include KBWD, MORT, and REM.

ETFs that are inversely correlated to BIZD include RWM, SRTY, and TZA.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.