BDCZ vs. TRUF

Last updated Jul 14, 2026

BDCZ (ETRACS MVIS Business Development Companies Index ETN) and TRUF (VanEck Financials TruSector ETF) are both Financials Equities funds. At a 0.44 correlation, their price movements are largely independent. BDCZ charges 0.85%/yr vs 0.10%/yr for TRUF.

Performance

BDCZ vs. TRUF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETRACS MVIS Business Development Companies Index ETN (BDCZ) and VanEck Financials TruSector ETF (TRUF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BDCZ

• 1D: 1.54%
• 1M: 1.10%
• 6M: -3.76%
• YTD: -4.99%
• 1Y: -11.86%
• 3Y*: 4.10%
• 5Y*: 4.18%
• 10Y*: 6.24%

TRUF

• 1D: 0.61%
• 1M: 5.40%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BDCZ vs. TRUF - Yearly Performance Comparison

	2026 (YTD)
BDCZ ETRACS MVIS Business Development Companies Index ETN	5.50%
TRUF VanEck Financials TruSector ETF	14.65%

Correlation

The correlation between BDCZ and TRUF is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 2, 2026	0.44

Return for Risk

BDCZ vs. TRUF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BDCZ

BDCZ Risk / Return Rank: 5
BDCZ Sharpe Ratio Rank: 5
BDCZ Sortino Ratio Rank: 5
BDCZ Omega Ratio Rank: 5
BDCZ Calmar Ratio Rank: 4
BDCZ Martin Ratio Rank: 5

TRUF

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BDCZ vs. TRUF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETRACS MVIS Business Development Companies Index ETN (BDCZ) and VanEck Financials TruSector ETF (TRUF). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BDCZ	TRUF	Difference
Sharpe ratio: Return per unit of total volatility	-0.54	—	—
Sortino ratio: Return per unit of downside risk	-0.64	—	—
Omega ratio: Gain probability vs. loss probability	0.92	—	—
Calmar ratio: Return relative to maximum drawdown	-0.60	—	—
Martin ratio: Return relative to average drawdown	-0.99	—	—

Drawdowns

BDCZ vs. TRUF - Drawdown Comparison

The maximum BDCZ drawdown since its inception was -55.63%, which is greater than TRUF's maximum drawdown of -3.24%. Use the drawdown chart below to compare losses from any high point for BDCZ and TRUF.

Drawdown Indicators

	BDCZ	TRUF	Difference
Max Drawdown Largest peak-to-trough decline	-55.63%	-3.24%	-52.39%
Max Drawdown (1Y) Largest decline over 1 year	-19.95%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-20.77%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-23.12%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-55.63%	—	—
Current Drawdown Current decline from peak	-14.58%	-0.15%	-14.43%
Average Drawdown Average peak-to-trough decline	-7.94%	-1.12%	-6.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.04%	—	—

Volatility

Volatility by Period

	BDCZ	TRUF	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.97%	—	—
Volatility (6M) Calculated over the trailing 6-month period	18.65%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	22.17%	13.94%	+8.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.16%	13.94%	+4.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.92%	13.94%	+7.98%

BDCZ vs. TRUF - Expense Ratio Comparison

BDCZ has a 0.85% expense ratio, which is higher than TRUF's 0.10% expense ratio.

Dividends

BDCZ vs. TRUF - Dividend Comparison

BDCZ's dividend yield for the trailing twelve months is around 10.92%, more than TRUF's 0.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
BDCZ ETRACS MVIS Business Development Companies Index ETN	10.92%	10.65%	9.26%	9.13%	9.39%	7.49%	10.01%	8.40%	9.66%	8.74%	7.98%
TRUF VanEck Financials TruSector ETF	0.36%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BDCZ and TRUF in my portfolio?

BDCZ and TRUF have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BDCZ or TRUF?

On fees, TRUF is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BDCZ or TRUF?

TRUF is cheaper with a 0.10% expense ratio, compared with 0.85% for BDCZ.

Which ETF pays a higher dividend yield, BDCZ or TRUF?

BDCZ has the higher dividend yield at 10.92%, compared with 0.36% for TRUF.

What is the main difference between BDCZ and TRUF?

They also come from different issuers: UBS and VanEck. Their fees differ too: 0.85% for BDCZ and 0.10% for TRUF.