VanEck BDC Income ETF (BIZD) Performance
BIZD total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −7.8% since Dec 31, 2025
- 1 year
- −5.7% total return
- 5 years
- +3.3% a year
- 10 years
- +6.9% a year
- Since first price
- +6.0% a year since 2013
BIZD trailing returns vs SPY, QQQ, AGG
| Period | BIZD total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −4.6% | −7.8% | −1.0% | −5.0% | +0.9% |
| 3 months | +0.4% | −3.0% | +3.2% | +1.9% | −0.4% |
| 6 months | −1.0% | −6.1% | +7.8% | +8.4% | −1.5% |
| YTD | −7.8% | −15.9% | +12.3% | +15.1% | −1.0% |
| 1 year | −5.7% | −16.3% | +14.4% | +15.9% | −1.1% |
| 3 years | +12.7%+4.1%/yr | −19.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +17.7%+3.3%/yr | −32.2% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +94.3%+6.9%/yr | −30.9% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionFeb 12, 2013 | +122.1%+6.0%/yr | −40.9% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: BIZD vs SPY
From Feb 12, 2013: BIZD grew to $22,208, SPY to $63,106.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
BIZD returns by calendar year
6 of 12 full years positive. Best 2021 (+36.2%), worst 2022 (−8.5%). 2026 is year to date.
BIZD annual returns table
| Year | BIZD | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −7.8% | −15.2% | +12.3% | +15.1% | −1.0% |
| 2025 | −4.9% | −19.6% | +17.7% | +20.8% | +7.2% |
| 2024 | +15.8% | −8.8% | +24.9% | +25.6% | +1.3% |
| 2023 | +27.0% | −10.7% | +26.2% | +54.9% | +5.7% |
| 2022 | −8.5% | −22.9% | −18.2% | −32.6% | −13.0% |
| 2021 | +36.2% | −6.2% | +28.7% | +27.4% | −1.8% |
| 2020 | −7.1% | −55.5% | +18.3% | +48.6% | +7.5% |
| 2019 | +30.9% | −4.2% | +31.2% | +39.0% | +8.5% |
| 2018 | −6.8% | −16.7% | −4.6% | −0.1% | +0.1% |
| 2017 | +0.4% | −10.2% | +21.7% | +32.7% | +3.6% |
| 2016 | +25.0% | −14.5% | +12.0% | +7.1% | +2.4% |
| 2015 | −4.2% | −15.9% | +1.2% | +9.4% | +0.5% |
| 2014 | −7.6% | −13.7% | +13.5% | +19.2% | +6.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
BIZD largest drawdowns
Now 18.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 20, 2020 | −55.5% | Mar 23, 2020 | Feb 16, 2021 | 32 days | 12 months |
| Feb 24, 2014 | −25.3% | Feb 11, 2016 | Aug 11, 2016 | 2.0 years | 2.5 years |
| Apr 20, 2022 | −22.9% | Sep 29, 2022 | Jul 18, 2023 | 5 months | 1.2 years |
| Feb 19, 2025 | −22.6% | Mar 27, 2026 | not yet | 1.1 years | 1.7 years so far |
| Aug 30, 2018 | −16.7% | Dec 20, 2018 | Feb 22, 2019 | 4 months | 6 months |
| May 2, 2017 | −12.5% | Feb 5, 2018 | Aug 3, 2018 | 9 months | 1.3 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
BIZD risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2013 |
|---|---|---|---|---|
| Annualized return | +3.9% | +5.2% | +7.2% | +6.3% |
| Volatility (annualized) | 14.1% | 16.4% | 21.7% | 19.9% |
| Sharpe ratio | 0.03 | 0.17 | 0.33 | 0.33 |
| Sortino ratio | 0.04 | 0.24 | 0.46 | 0.46 |
| Best month | +9.0% | +11.8% | +22.1% | +22.1% |
| Worst month | −9.4% | −14.7% | −38.2% | −38.2% |
| Best 12 months | +22.3% | +32.8% | +96.7% | +96.7% |
| Worst 12 months | −19.5% | −19.5% | −37.4% | −37.4% |
| Positive months | 58% | 58% | 62% | 60% |
| Beta vs S&P 500 | 0.55 | 0.68 | 1.02 | — |
| Correlation with S&P 500 | 0.49 | 0.65 | 0.72 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
BIZD rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 153 | −37.4% | +3.8% | +96.7% | 63% |
| 3-year (a year) | 129 | −14.0% | +8.3% | +29.6% | 93% |
| 5-year (a year) | 105 | −4.8% | +8.3% | +25.2% | 98% |
| 10-year (a year) | 45 | +5.8% | +8.0% | +10.3% | 100% |
Every holding period starting at a month-end since 2013. Returns for 3 years and longer are annualized.
BIZD performance overview
VanEck BDC Income ETF (BIZD) returned −5.7% over the past year and +6.9% a year over ten years, with distributions reinvested. Since its first recorded price in 2013 it has returned +6.0% a year, turning $10,000 into about $22,208. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −55.5%, from Feb 20, 2020 to Mar 23, 2020, and it took 11 months to get back to the old high. BIZD finished 6 of its 12 full calendar years with a gain; the best year was 2021 (+36.2%) and the worst 2022 (−8.5%). Volatility has been 19.9% a year.
Related: BIZD chart, BIZD dividends. See the BIZD overview for the latest quote and fund facts.
BIZD performance FAQ
What is the BIZD return over the past year?
BIZD returned −5.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 16.3%.
What is the average annual return of BIZD?
BIZD has returned +3.3% a year over 5 years, +6.9% a year over 10 years, +6.0% a year since February 12, 2013 (total return, distributions reinvested).
How much would $10,000 invested in BIZD be worth?
$10,000 invested in BIZD at its first recorded close on February 12, 2013 would be worth about $22,208 on October 23, 2026 with distributions reinvested.
What was the worst year for BIZD?
The worst calendar year was 2022, with a total return of −8.5%. The best was 2021 at +36.2%.
What is the biggest drawdown of BIZD?
The largest peak-to-trough decline was −55.5% between February 20, 2020 and March 23, 2020. It recovered to the old high on February 16, 2021, 11 months after the bottom.
How volatile is BIZD?
Over the past 3 years BIZD had an annualized volatility of 14.1% and a Sharpe ratio of 0.03 (excess return over 1–3 month T-bills per unit of risk).