BIZD vs. KIE
Compare and contrast key facts about VanEck Vectors BDC Income ETF (BIZD) and SPDR S&P Insurance ETF (KIE).
BIZD and KIE 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. KIE is a passively managed fund by State Street that tracks the performance of the S&P Insurance Select Industry Index. It was launched on Nov 8, 2005. Both BIZD and KIE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
BIZD vs. KIE - Performance Comparison
Loading graphics...
BIZD vs. KIE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BIZD VanEck Vectors BDC Income ETF | -11.26% | -4.96% | 15.63% | 27.02% | -8.51% | 36.25% | -7.12% | 30.87% | -6.88% | 0.36% |
KIE SPDR S&P Insurance ETF | -8.59% | 8.12% | 26.95% | 12.18% | 3.48% | 22.75% | -3.04% | 27.19% | -5.99% | 12.83% |
Returns By Period
In the year-to-date period, BIZD achieves a -11.26% return, which is significantly lower than KIE's -8.59% return. Over the past 10 years, BIZD has underperformed KIE with an annualized return of 7.53%, while KIE has yielded a comparatively higher 10.89% annualized return.
BIZD
- 1D
- -1.69%
- 1M
- -2.45%
- YTD
- -11.26%
- 6M
- -9.63%
- 1Y
- -17.22%
- 3Y*
- 5.73%
- 5Y*
- 5.22%
- 10Y*
- 7.53%
KIE
- 1D
- -0.55%
- 1M
- -6.30%
- YTD
- -8.59%
- 6M
- -5.99%
- 1Y
- -8.45%
- 3Y*
- 13.43%
- 5Y*
- 9.99%
- 10Y*
- 10.89%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BIZD vs. KIE - Expense Ratio Comparison
BIZD has a 10.92% expense ratio, which is higher than KIE's 0.35% expense ratio.
Return for Risk
BIZD vs. KIE — Risk / Return Rank
BIZD
KIE
BIZD vs. KIE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors BDC Income ETF (BIZD) and SPDR S&P Insurance ETF (KIE). 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.
| BIZD | KIE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.81 | -0.43 | -0.38 |
Sortino ratioReturn per unit of downside risk | -1.05 | -0.46 | -0.59 |
Omega ratioGain probability vs. loss probability | 0.87 | 0.94 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | -0.73 | -0.67 | -0.07 |
Martin ratioReturn relative to average drawdown | -1.49 | -1.55 | +0.07 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| BIZD | KIE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.81 | -0.43 | -0.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.31 | 0.55 | -0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.35 | 0.52 | -0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 0.29 | +0.01 |
Correlation
The correlation between BIZD and KIE is 0.56, 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.
Dividends
BIZD vs. KIE - Dividend Comparison
BIZD's dividend yield for the trailing twelve months is around 14.23%, more than KIE's 1.69% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIZD VanEck Vectors BDC Income ETF | 14.23% | 11.78% | 10.94% | 10.96% | 11.21% | 8.14% | 10.39% | 9.13% | 10.88% | 9.13% | 8.51% | 9.12% |
KIE SPDR S&P Insurance ETF | 1.69% | 1.57% | 1.48% | 1.45% | 1.90% | 1.95% | 1.85% | 1.76% | 1.83% | 1.56% | 1.55% | 1.65% |
Drawdowns
BIZD vs. KIE - Drawdown Comparison
The maximum BIZD drawdown since its inception was -55.44%, smaller than the maximum KIE drawdown of -75.30%. Use the drawdown chart below to compare losses from any high point for BIZD and KIE.
Loading graphics...
Drawdown Indicators
| BIZD | KIE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.44% | -75.30% | +19.86% |
Max Drawdown (1Y)Largest decline over 1 year | -22.22% | -12.25% | -9.97% |
Max Drawdown (5Y)Largest decline over 5 years | -22.91% | -15.68% | -7.23% |
Max Drawdown (10Y)Largest decline over 10 years | -55.44% | -44.31% | -11.13% |
Current DrawdownCurrent decline from peak | -21.29% | -9.91% | -11.38% |
Average DrawdownAverage peak-to-trough decline | -6.58% | -12.09% | +5.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.98% | 5.26% | +5.72% |
Volatility
BIZD vs. KIE - Volatility Comparison
VanEck Vectors BDC Income ETF (BIZD) has a higher volatility of 6.68% compared to SPDR S&P Insurance ETF (KIE) at 4.73%. This indicates that BIZD's price experiences larger fluctuations and is considered to be riskier than KIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| BIZD | KIE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.68% | 4.73% | +1.95% |
Volatility (6M)Calculated over the trailing 6-month period | 14.30% | 11.48% | +2.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.28% | 19.77% | +1.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.17% | 18.30% | -1.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.59% | 21.14% | +0.45% |