BIZD vs. HTGC
Compare and contrast key facts about VanEck Vectors BDC Income ETF (BIZD) and Hercules Capital, Inc. (HTGC).
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: BIZD or HTGC.
Key characteristics
| BIZD | HTGC | |
|---|---|---|
| YTD Return | 6.43% | 16.15% |
| 1Y Return | 30.94% | 64.02% |
| 3Y Return (Ann) | 10.61% | 15.99% |
| 5Y Return (Ann) | 11.27% | 20.56% |
| 10Y Return (Ann) | 8.25% | 14.48% |
| Sharpe Ratio | 2.53 | 3.07 |
| Daily Std Dev | 11.86% | 20.78% |
| Max Drawdown | -55.47% | -68.29% |
| Current Drawdown | -0.66% | -0.05% |
Correlation
The correlation between BIZD and HTGC is 0.69, 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.
Performance
BIZD vs. HTGC - Performance Comparison
In the year-to-date period, BIZD achieves a 6.43% return, which is significantly lower than HTGC's 16.15% return. Over the past 10 years, BIZD has underperformed HTGC with an annualized return of 8.25%, while HTGC has yielded a comparatively higher 14.48% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
BIZD vs. HTGC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors BDC Income ETF (BIZD) and Hercules Capital, Inc. (HTGC). 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
BIZD vs. HTGC - Dividend Comparison
BIZD's dividend yield for the trailing twelve months is around 10.74%, more than HTGC's 9.66% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIZD VanEck Vectors BDC Income ETF | 10.74% | 10.96% | 11.21% | 8.14% | 10.39% | 9.13% | 10.88% | 9.13% | 8.51% | 9.12% | 8.51% | 5.45% |
HTGC Hercules Capital, Inc. | 9.66% | 11.40% | 14.90% | 9.34% | 9.57% | 9.49% | 11.40% | 9.45% | 8.79% | 10.17% | 8.33% | 6.77% |
Drawdowns
BIZD vs. HTGC - Drawdown Comparison
The maximum BIZD drawdown since its inception was -55.47%, smaller than the maximum HTGC drawdown of -68.29%. Use the drawdown chart below to compare losses from any high point for BIZD and HTGC. For additional features, visit the drawdowns tool.
Volatility
BIZD vs. HTGC - Volatility Comparison
The current volatility for VanEck Vectors BDC Income ETF (BIZD) is 3.02%, while Hercules Capital, Inc. (HTGC) has a volatility of 3.71%. This indicates that BIZD experiences smaller price fluctuations and is considered to be less risky than HTGC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.