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BIZD vs. IWM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


BIZDIWM
YTD Return5.36%5.04%
1Y Return29.17%21.53%
3Y Return (Ann)12.27%0.67%
5Y Return (Ann)11.73%7.98%
10Y Return (Ann)7.80%7.54%
Sharpe Ratio2.421.17
Daily Std Dev12.31%19.66%
Max Drawdown-55.47%-59.05%
Current Drawdown0.00%-10.24%

Correlation

0.64
-1.001.00

The correlation between BIZD and IWM is 0.64, 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. IWM - Performance Comparison

In the year-to-date period, BIZD achieves a 5.36% return, which is significantly higher than IWM's 5.04% return. Both investments have delivered pretty close results over the past 10 years, with BIZD having a 7.80% annualized return and IWM not far behind at 7.54%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


100.00%120.00%140.00%160.00%OctoberNovemberDecember2024FebruaryMarch
130.56%
168.29%
BIZD
IWM

Compare stocks, funds, or ETFs


VanEck Vectors BDC Income ETF

iShares Russell 2000 ETF

BIZD vs. IWM - Expense Ratio Comparison

BIZD has a 10.92% expense ratio, which is higher than IWM's 0.19% expense ratio.

BIZD
VanEck Vectors BDC Income ETF
0.50%1.00%1.50%2.00%10.92%
0.50%1.00%1.50%2.00%0.19%

Risk-Adjusted Performance

BIZD vs. IWM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors BDC Income ETF (BIZD) and iShares Russell 2000 ETF (IWM). 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
2.42
IWM
iShares Russell 2000 ETF
1.17

BIZD vs. IWM - Sharpe Ratio Comparison

The current BIZD Sharpe Ratio is 2.42, which is higher than the IWM Sharpe Ratio of 1.17. The chart below compares the 12-month rolling Sharpe Ratio of BIZD and IWM.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00OctoberNovemberDecember2024FebruaryMarch
2.42
1.17
BIZD
IWM

Dividends

BIZD vs. IWM - Dividend Comparison

BIZD's dividend yield for the trailing twelve months is around 10.41%, more than IWM's 1.23% yield.


TTM20232022202120202019201820172016201520142013
BIZD
VanEck Vectors BDC Income ETF
10.41%10.96%11.21%8.14%10.39%9.13%10.88%9.13%8.51%9.12%8.51%5.45%
IWM
iShares Russell 2000 ETF
1.23%1.35%1.48%0.94%1.04%1.26%1.40%1.26%1.38%1.54%1.26%1.23%

Drawdowns

BIZD vs. IWM - Drawdown Comparison

The maximum BIZD drawdown since its inception was -55.47%, smaller than the maximum IWM drawdown of -59.05%. The drawdown chart below compares losses from any high point along the way for BIZD and IWM


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%OctoberNovemberDecember2024FebruaryMarch0
-10.24%
BIZD
IWM

Volatility

BIZD vs. IWM - Volatility Comparison

The current volatility for VanEck Vectors BDC Income ETF (BIZD) is 2.60%, while iShares Russell 2000 ETF (IWM) has a volatility of 4.52%. This indicates that BIZD experiences smaller price fluctuations and is considered to be less risky than IWM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%OctoberNovemberDecember2024FebruaryMarch
2.60%
4.52%
BIZD
IWM