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BIZD vs. JBBB
Performance
Return for Risk
Drawdowns
Volatility
Dividends

BIZD vs. JBBB

Last updated Jun 9, 2026

BIZD (VanEck BDC Income ETF) and JBBB (Janus Henderson B-BBB CLO ETF) are both exchange-traded funds - BIZD is a Financials Equities fund tracking the MVIS US Business Development Companies Index, while JBBB is a CLO fund actively managed by Janus Henderson. BIZD is passively managed, while JBBB is actively managed. Over the past 3 years, BIZD returned 4.91%/yr vs 10.39%/yr for JBBB. At a 0.12 correlation, their price movements are largely independent. BIZD charges 12.86%/yr vs 0.49%/yr for JBBB.

Performance

BIZD vs. JBBB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck BDC Income ETF (BIZD) and Janus Henderson B-BBB CLO ETF (JBBB). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, BIZD achieves a -8.77% return, which is significantly lower than JBBB's 1.88% return.

BIZD

1D
-0.32%
1M
-3.49%
YTD
-8.77%
6M
-11.00%
1Y
-13.11%
3Y*
4.91%
5Y*
3.86%
10Y*
7.80%

JBBB

1D
0.53%
1M
0.43%
YTD
1.88%
6M
2.28%
1Y
5.34%
3Y*
10.39%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

BIZD vs. JBBB - Yearly Performance Comparison

2026 (YTD)2025202420232022
BIZD
VanEck BDC Income ETF		-8.77%-4.96%15.63%27.02%-12.14%
JBBB
Janus Henderson B-BBB CLO ETF		1.88%5.43%12.50%17.63%-5.99%

Correlation

The correlation between BIZD and JBBB is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.23

Correlation (3Y)
Calculated over the trailing 3-year period

0.19

Correlation (All Time)
Calculated using the full available price history since Jan 13, 2022

0.12

The correlation between BIZD and JBBB shifts across timeframes, from 0.12 (all time) to 0.23 (1 year), reflecting how their relationship changes across market environments.

BIZD vs. JBBB - Sectors Allocation Comparison

Sectors
BIZD
JBBB

Financial Services

100.0%
4.2%

Basic Materials

-

-

Communication Services

-

-

Consumer Cyclical

-

-

Consumer Defensive

-

-

Energy

-

-

Healthcare

-

-

Industrials

-

-

Real Estate

-

-

Technology

-

-

Utilities

-

-

Financial Services

BIZD
100.0%
JBBB
4.2%

Basic Materials

BIZD

-

JBBB

-

Communication Services

BIZD

-

JBBB

-

Consumer Cyclical

BIZD

-

JBBB

-

Consumer Defensive

BIZD

-

JBBB

-

Energy

BIZD

-

JBBB

-

Healthcare

BIZD

-

JBBB

-

Industrials

BIZD

-

JBBB

-

Real Estate

BIZD

-

JBBB

-

Technology

BIZD

-

JBBB

-

Utilities

BIZD

-

JBBB

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

VanEck BDC Income ETF

Janus Henderson B-BBB CLO ETF

Often compared with BIZD:
BIZD vs. PBDCBIZD vs. ARCCBIZD vs. CEFSBIZD vs. PSPBIZD vs. PEXBIZD vs. PFLTBIZD vs. SCHD
Often compared with JBBB:
JBBB vs. JAAAJBBB vs. CLOZJBBB vs. CLOBJBBB vs. SRLNJBBB vs. CLOAJBBB vs. SPHYJBBB vs. FLTR

Return for Risk

BIZD vs. JBBB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BIZD
BIZD Risk / Return Rank: 44
Overall Rank
BIZD Sharpe Ratio Rank: 44
Sharpe Ratio Rank
BIZD Sortino Ratio Rank: 44
Sortino Ratio Rank
BIZD Omega Ratio Rank: 44
Omega Ratio Rank
BIZD Calmar Ratio Rank: 44
Calmar Ratio Rank
BIZD Martin Ratio Rank: 55
Martin Ratio Rank
JBBB
JBBB Risk / Return Rank: 5353
Overall Rank
JBBB Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
JBBB Sortino Ratio Rank: 5959
Sortino Ratio Rank
JBBB Omega Ratio Rank: 6161
Omega Ratio Rank
JBBB Calmar Ratio Rank: 4848
Calmar Ratio Rank
JBBB Martin Ratio Rank: 4848
Martin Ratio Rank
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.

BIZD vs. JBBB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck BDC Income ETF (BIZD) and Janus Henderson B-BBB CLO ETF (JBBB). 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.

BIZDJBBBDifference
Sharpe ratioReturn per unit of total volatility
-0.72
1.57

-2.29

Sortino ratioReturn per unit of downside risk
-0.94
2.51

-3.45

Omega ratioGain probability vs. loss probability

0.90

1.34

-0.44

Calmar ratioReturn relative to maximum drawdown

-0.59

2.18

-2.77

Martin ratioReturn relative to average drawdown

-1.03

7.38

-8.41

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BIZD vs. JBBB - Sharpe Ratio Comparison

The current BIZD Sharpe Ratio is -0.72, which is lower than the JBBB Sharpe Ratio of 1.57. The chart below compares the historical Sharpe Ratios of BIZD and JBBB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

BIZDJBBBDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.72

1.57

-2.29

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.22

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.36

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.30

1.30

-1.00

Drawdowns

BIZD vs. JBBB - Drawdown Comparison

The maximum BIZD drawdown since its inception was -55.44%, which is greater than JBBB's maximum drawdown of -10.57%. Use the drawdown chart below to compare losses from any high point for BIZD and JBBB.

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Drawdown Indicators

BIZDJBBBDifference

Max Drawdown

Largest peak-to-trough decline

-55.44%

-10.57%

-44.87%

Max Drawdown (1Y)

Largest decline over 1 year

-22.22%

-2.46%

-19.76%

Max Drawdown (3Y)

Largest decline over 3 years

-22.56%

-3.82%

-18.74%

Max Drawdown (5Y)

Largest decline over 5 years

-22.91%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-55.44%

—

—

Current Drawdown

Current decline from peak

-19.08%

0.00%

-19.08%

Average Drawdown

Average peak-to-trough decline

-6.73%

-1.58%

-5.15%

Ulcer Index

Depth and duration of drawdowns from previous peaks

12.79%

0.72%

+12.07%

Volatility

BIZD vs. JBBB - Volatility Comparison

VanEck BDC Income ETF (BIZD) has a higher volatility of 5.32% compared to Janus Henderson B-BBB CLO ETF (JBBB) at 0.88%. This indicates that BIZD's price experiences larger fluctuations and is considered to be riskier than JBBB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

BIZDJBBBDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.32%

0.88%

+4.44%

Volatility (6M)

Calculated over the trailing 6-month period

14.92%

2.85%

+12.07%

Volatility (1Y)

Calculated over the trailing 1-year period

18.31%

3.42%

+14.89%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.44%

5.26%

+12.18%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.76%

5.26%

+16.50%

BIZD vs. JBBB - Expense Ratio Comparison

BIZD has a 12.86% expense ratio, which is higher than JBBB's 0.49% expense ratio.

Dividends

BIZD vs. JBBB - Dividend Comparison

BIZD's dividend yield for the trailing twelve months is around 13.84%, more than JBBB's 7.12% yield.

PositionTTM20252024202320222021202020192018201720162015
BIZD
VanEck BDC Income ETF		13.84%11.78%10.94%10.96%11.21%8.14%10.39%9.13%10.88%9.13%8.51%9.12%
JBBB
Janus Henderson B-BBB CLO ETF		7.12%8.41%9.24%8.71%5.71%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

BIZD and JBBB have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

BIZD has higher volatility (5.32%) compared to JBBB (0.88%). In terms of maximum drawdown, BIZD dropped -55.44% vs JBBB's -10.57%.

On 3-year performance, JBBB leads with 10.39% vs 4.91% for BIZD. On fees, JBBB is cheaper at 0.49% per year. On volatility, JBBB has been the lower-risk option at 0.88%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 3-year period, JBBB has performed better with a 10.39% return vs 4.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

JBBB is cheaper with a 0.49% expense ratio, compared with 12.86% for BIZD.

BIZD has the higher dividend yield at 13.84%, compared with 7.12% for JBBB.

BIZD is categorized as Financials Equities, while JBBB is CLO. They also come from different issuers: VanEck and Janus Henderson. Their fees differ too: 12.86% for BIZD and 0.49% for JBBB.

JBBB currently has the higher Sharpe Ratio (1.57 vs -0.72), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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