BGT vs. BIZD
Compare and contrast key facts about BlackRock Floating Rate Income Trust (BGT) and VanEck Vectors BDC Income ETF (BIZD).
BGT is managed by Blackrock. It was launched on Aug 26, 2004. BIZD is a passively managed fund by VanEck that tracks the performance of the MVIS US Business Development Companies Index. It was launched on Feb 11, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BGT or BIZD.
Correlation
The correlation between BGT and BIZD is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BGT vs. BIZD - Performance Comparison
Key characteristics
BGT:
0.86
BIZD:
1.95
BGT:
1.21
BIZD:
2.61
BGT:
1.17
BIZD:
1.36
BGT:
1.37
BIZD:
2.40
BGT:
3.27
BIZD:
9.26
BGT:
3.46%
BIZD:
2.28%
BGT:
13.16%
BIZD:
10.83%
BGT:
-58.31%
BIZD:
-55.47%
BGT:
-3.64%
BIZD:
-0.56%
Returns By Period
In the year-to-date period, BGT achieves a 0.41% return, which is significantly lower than BIZD's 6.55% return. Over the past 10 years, BGT has underperformed BIZD with an annualized return of 6.95%, while BIZD has yielded a comparatively higher 9.90% annualized return.
BGT
0.41%
1.91%
5.09%
10.44%
8.51%
6.95%
BIZD
6.55%
3.02%
15.76%
21.53%
12.25%
9.90%
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BGT vs. BIZD - Expense Ratio Comparison
BGT has a 1.74% expense ratio, which is lower than BIZD's 10.92% expense ratio.
Risk-Adjusted Performance
BGT vs. BIZD — Risk-Adjusted Performance Rank
BGT
BIZD
BGT vs. BIZD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Floating Rate Income Trust (BGT) and VanEck Vectors BDC Income ETF (BIZD). 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.
Dividends
BGT vs. BIZD - Dividend Comparison
BGT's dividend yield for the trailing twelve months is around 11.39%, more than BIZD's 10.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BGT BlackRock Floating Rate Income Trust | 11.39% | 11.22% | 10.36% | 6.87% | 5.55% | 7.58% | 6.33% | 6.64% | 5.03% | 5.44% | 6.04% | 6.65% |
BIZD VanEck Vectors BDC Income ETF | 10.27% | 10.94% | 10.97% | 11.22% | 8.14% | 10.39% | 9.13% | 10.88% | 9.13% | 8.51% | 9.12% | 8.51% |
Drawdowns
BGT vs. BIZD - Drawdown Comparison
The maximum BGT drawdown since its inception was -58.31%, which is greater than BIZD's maximum drawdown of -55.47%. Use the drawdown chart below to compare losses from any high point for BGT and BIZD. For additional features, visit the drawdowns tool.
Volatility
BGT vs. BIZD - Volatility Comparison
The current volatility for BlackRock Floating Rate Income Trust (BGT) is 1.72%, while VanEck Vectors BDC Income ETF (BIZD) has a volatility of 2.51%. This indicates that BGT experiences smaller price fluctuations and is considered to be less risky than BIZD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.