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BIZD vs. DIA

Last updated Jun 3, 2023

Compare and contrast key facts about VanEck Vectors BDC Income ETF (BIZD) and SPDR Dow Jones Industrial Average ETF (DIA).

BIZD and DIA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. DIA is a passively managed fund by State Street that tracks the performance of the Dow Jones Industrial Average. It was launched on Jan 14, 1998. Both BIZD and DIA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BIZD or DIA.

Key characteristics


BIZDDIA
YTD Return8.92%2.84%
1Y Return2.85%3.65%
5Y Return (Ann)8.21%8.71%
10Y Return (Ann)6.68%10.70%
Sharpe Ratio0.150.29
Daily Std Dev22.55%17.59%
Max Drawdown-55.47%-51.87%

Correlation

0.57
-1.001.00

The correlation between BIZD and DIA is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

BIZD vs. DIA - Performance Comparison

In the year-to-date period, BIZD achieves a 8.92% return, which is significantly higher than DIA's 2.84% return. Over the past 10 years, BIZD has underperformed DIA with an annualized return of 6.68%, while DIA has yielded a comparatively higher 10.70% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-6.00%-4.00%-2.00%0.00%2.00%4.00%6.00%8.00%2023FebruaryMarchAprilMayJune
5.45%
0.44%
BIZD
DIA

Compare stocks, funds, or ETFs


VanEck Vectors BDC Income ETF

BIZD vs. DIA - Dividend Comparison

BIZD's dividend yield for the trailing twelve months is around 13.51%, more than DIA's 2.64% yield.


TTM20222021202020192018201720162015201420132012
BIZD
VanEck Vectors BDC Income ETF
13.51%11.55%9.33%12.94%12.89%16.85%15.58%15.81%18.54%18.84%13.03%0.00%
DIA
SPDR Dow Jones Industrial Average ETF
2.64%1.93%1.62%1.96%2.23%2.45%2.20%2.58%2.73%2.42%2.54%3.17%

BIZD vs. DIA - Expense Ratio Comparison

BIZD has a 10.92% expense ratio, which is higher than DIA's 0.16% expense ratio.

BIZD vs. DIA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors BDC Income ETF (BIZD) and SPDR Dow Jones Industrial Average ETF (DIA). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
BIZD
VanEck Vectors BDC Income ETF
0.15
DIA
SPDR Dow Jones Industrial Average ETF
0.29

BIZD vs. DIA - Sharpe Ratio Comparison

The current BIZD Sharpe Ratio is 0.15, which is lower than the DIA Sharpe Ratio of 0.29. The chart below compares the 12-month rolling Sharpe Ratio of BIZD and DIA.


-0.40-0.200.000.200.402023FebruaryMarchAprilMayJune
0.15
0.29
BIZD
DIA

BIZD vs. DIA - Drawdown Comparison

The maximum BIZD drawdown for the period was -15.74%, lower than the maximum DIA drawdown of -11.41%. The drawdown chart below compares losses from any high point along the way for BIZD and DIA


-16.00%-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%2023FebruaryMarchAprilMayJune
-6.63%
-5.56%
BIZD
DIA

BIZD vs. DIA - Volatility Comparison

VanEck Vectors BDC Income ETF (BIZD) has a higher volatility of 4.34% compared to SPDR Dow Jones Industrial Average ETF (DIA) at 3.77%. This indicates that BIZD's price experiences larger fluctuations and is considered to be riskier than DIA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%2023FebruaryMarchAprilMayJune
4.34%
3.77%
BIZD
DIA