BIZD vs. LSYIX
BIZD (VanEck BDC Income ETF) and LSYIX (Lord Abbett Short Duration High Yield Fund) are both funds - BIZD is a Financials Equities fund tracking the MVIS US Business Development Companies Index, while LSYIX is a High Yield Bonds fund managed by Lord Abbett. Over the past 5 years, BIZD returned 4.48%/yr vs 4.68%/yr for LSYIX. At a 0.41 correlation, their price movements are largely independent. BIZD charges 12.86%/yr vs 0.45%/yr for LSYIX.
Performance
BIZD vs. LSYIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BIZD achieves a -9.43% return, which is significantly lower than LSYIX's 2.45% return.
BIZD
- 1D
- 0.16%
- 1M
- -1.20%
- YTD
- -9.43%
- 6M
- -8.46%
- 1Y
- -13.47%
- 3Y*
- 4.52%
- 5Y*
- 4.48%
- 10Y*
- 7.66%
LSYIX
- 1D
- 0.10%
- 1M
- 1.08%
- YTD
- 2.45%
- 6M
- 3.31%
- 1Y
- 8.26%
- 3Y*
- 8.65%
- 5Y*
- 4.68%
- 10Y*
- —
BIZD vs. LSYIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
BIZD VanEck BDC Income ETF | -9.43% | -4.96% | 15.63% | 27.02% | -8.51% | 36.25% | 58.51% |
LSYIX Lord Abbett Short Duration High Yield Fund | 2.45% | 7.71% | 8.65% | 10.63% | -7.19% | 4.69% | 14.35% |
Correlation
The correlation between BIZD and LSYIX is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Apr 23, 2020 | 0.41 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BIZD vs. LSYIX — Risk / Return Rank
BIZD
LSYIX
BIZD vs. LSYIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck BDC Income ETF (BIZD) and Lord Abbett Short Duration High Yield Fund (LSYIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BIZD | LSYIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.06 | ||
| Sortino ratioReturn per unit of downside risk | -5.27 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.56 | -0.67 |
| Calmar ratioReturn relative to maximum drawdown | -0.61 | 2.93 | -3.54 |
| Martin ratioReturn relative to average drawdown | -1.02 | 14.28 | -15.30 |
Loading charts...
Drawdowns
BIZD vs. LSYIX - Drawdown Comparison
The maximum BIZD drawdown since its inception was -55.44%, which is greater than LSYIX's maximum drawdown of -10.79%. Use the drawdown chart below to compare losses from any high point for BIZD and LSYIX.
Loading charts...
Drawdown Indicators
| BIZD | LSYIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.44% | -10.79% | -44.65% |
Max Drawdown (1Y)Largest decline over 1 year | -22.22% | -2.83% | -19.39% |
Max Drawdown (3Y)Largest decline over 3 years | -22.56% | -5.29% | -17.27% |
Max Drawdown (5Y)Largest decline over 5 years | -22.91% | -10.79% | -12.12% |
Max Drawdown (10Y)Largest decline over 10 years | -55.44% | — | — |
Current DrawdownCurrent decline from peak | -19.66% | -0.10% | -19.56% |
Average DrawdownAverage peak-to-trough decline | -6.75% | -1.84% | -4.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.18% | 0.58% | +12.60% |
Volatility
BIZD vs. LSYIX - Volatility Comparison
VanEck BDC Income ETF (BIZD) has a higher volatility of 5.51% compared to Lord Abbett Short Duration High Yield Fund (LSYIX) at 1.00%. This indicates that BIZD's price experiences larger fluctuations and is considered to be riskier than LSYIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BIZD | LSYIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.51% | 1.00% | +4.51% |
Volatility (6M)Calculated over the trailing 6-month period | 15.14% | 2.81% | +12.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.48% | 3.56% | +14.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.44% | 4.33% | +13.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.77% | 4.22% | +17.55% |
BIZD vs. LSYIX - Expense Ratio Comparison
BIZD has a 12.86% expense ratio, which is higher than LSYIX's 0.45% expense ratio.
Dividends
BIZD vs. LSYIX - Dividend Comparison
BIZD's dividend yield for the trailing twelve months is around 13.94%, more than LSYIX's 8.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIZD VanEck BDC Income ETF | 13.94% | 11.78% | 10.94% | 10.96% | 11.21% | 8.14% | 10.39% | 9.13% | 10.88% | 9.13% | 8.51% | 9.12% |
LSYIX Lord Abbett Short Duration High Yield Fund | 8.06% | 8.11% | 8.18% | 6.51% | 5.01% | 5.96% | 4.75% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BIZD and LSYIX have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BIZD has higher volatility (5.51%) compared to LSYIX (1.00%). In terms of maximum drawdown, BIZD dropped -55.44% vs LSYIX's -10.79%.
LSYIX currently has the higher Sharpe Ratio (2.33 vs -0.73), 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.
Find the right allocation for BIZD and LSYIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer