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BIZD vs. OXLC
Performance
Return for Risk
Drawdowns
Volatility
Dividends

BIZD vs. OXLC

Last updated Jun 20, 2026

BIZD (VanEck BDC Income ETF) is Financials Equities fund tracking the MVIS US Business Development Companies Index, while OXLC (Oxford Lane Capital Corp.) is a stock. Over the past 10 years, BIZD returned 7.66%/yr vs 6.30%/yr for OXLC. At a 0.34 correlation, their price movements are largely independent.

Performance

BIZD vs. OXLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck BDC Income ETF (BIZD) and Oxford Lane Capital Corp. (OXLC). 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 -9.43% return, which is significantly higher than OXLC's -13.51% return. Over the past 10 years, BIZD has outperformed OXLC with an annualized return of 7.66%, while OXLC has yielded a comparatively lower 6.30% annualized 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%

OXLC

1D
-0.60%
1M
9.80%
YTD
-13.51%
6M
-9.10%
1Y
-27.96%
3Y*
-3.67%
5Y*
-4.81%
10Y*
6.30%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BIZD vs. OXLC - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
BIZD
VanEck BDC Income ETF		-9.43%-4.96%15.63%27.02%-8.51%36.25%-7.12%30.87%-6.88%0.36%
OXLC
Oxford Lane Capital Corp.		-13.51%-24.38%24.58%16.52%-24.15%59.91%-15.79%-0.98%12.86%13.47%

Correlation

The correlation between BIZD and OXLC is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.32

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

0.33

Correlation (5Y)
Calculated over the trailing 5-year period

0.37

Correlation (10Y)
Calculated over the trailing 10-year period

0.36

Correlation (All Time)
Calculated using the full available price history since Feb 12, 2013

0.34

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

Oxford Lane Capital Corp.

Often compared with BIZD:
BIZD vs. PBDCBIZD vs. ARCCBIZD vs. CEFSBIZD vs. PSPBIZD vs. PEXBIZD vs. PFLTBIZD vs. SCHD
Often compared with OXLC:
OXLC vs. OXSQOXLC vs. ECCOXLC vs. ORCOXLC vs. PDIOXLC vs. ECCCOXLC vs. SPYOXLC vs. REPX

Return for Risk

BIZD vs. OXLC — 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: 33
Sharpe Ratio Rank
BIZD Sortino Ratio Rank: 33
Sortino Ratio Rank
BIZD Omega Ratio Rank: 44
Omega Ratio Rank
BIZD Calmar Ratio Rank: 44
Calmar Ratio Rank
BIZD Martin Ratio Rank: 44
Martin Ratio Rank
OXLC
OXLC Risk / Return Rank: 1717
Overall Rank
OXLC Sharpe Ratio Rank: 1414
Sharpe Ratio Rank
OXLC Sortino Ratio Rank: 1414
Sortino Ratio Rank
OXLC Omega Ratio Rank: 1414
Omega Ratio Rank
OXLC Calmar Ratio Rank: 2222
Calmar Ratio Rank
OXLC Martin Ratio Rank: 2121
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. OXLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck BDC Income ETF (BIZD) and Oxford Lane Capital Corp. (OXLC). 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.

BIZDOXLCDifference
Sharpe ratioReturn per unit of total volatility
-0.73
-0.64

-0.10

Sortino ratioReturn per unit of downside risk
-0.95
-0.82

-0.13

Omega ratioGain probability vs. loss probability

0.89

0.89

0.00

Calmar ratioReturn relative to maximum drawdown

-0.61

-0.55

-0.06

Martin ratioReturn relative to average drawdown

-1.02

-1.00

-0.03

BIZD vs. OXLC - Sharpe Ratio Comparison

The current BIZD Sharpe Ratio is -0.73, which is comparable to the OXLC Sharpe Ratio of -0.64. The chart below compares the historical Sharpe Ratios of BIZD and OXLC, 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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Drawdowns

BIZD vs. OXLC - Drawdown Comparison

The maximum BIZD drawdown since its inception was -55.44%, smaller than the maximum OXLC drawdown of -74.58%. Use the drawdown chart below to compare losses from any high point for BIZD and OXLC.

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Drawdown Indicators

BIZDOXLCDifference

Max Drawdown

Largest peak-to-trough decline

-55.44%

-74.58%

+19.14%

Max Drawdown (1Y)

Largest decline over 1 year

-22.22%

-51.38%

+29.16%

Max Drawdown (3Y)

Largest decline over 3 years

-22.56%

-57.17%

+34.61%

Max Drawdown (5Y)

Largest decline over 5 years

-22.91%

-57.17%

+34.26%

Max Drawdown (10Y)

Largest decline over 10 years

-55.44%

-74.58%

+19.14%

Current Drawdown

Current decline from peak

-19.66%

-38.05%

+18.39%

Average Drawdown

Average peak-to-trough decline

-6.75%

-14.04%

+7.29%

Ulcer Index

Depth and duration of drawdowns from previous peaks

13.18%

28.07%

-14.89%

Volatility

BIZD vs. OXLC - Volatility Comparison

The current volatility for VanEck BDC Income ETF (BIZD) is 5.51%, while Oxford Lane Capital Corp. (OXLC) has a volatility of 25.66%. This indicates that BIZD experiences smaller price fluctuations and is considered to be less risky than OXLC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

BIZDOXLCDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.51%

25.66%

-20.15%

Volatility (6M)

Calculated over the trailing 6-month period

15.14%

37.06%

-21.92%

Volatility (1Y)

Calculated over the trailing 1-year period

18.48%

44.16%

-25.68%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.44%

28.72%

-11.28%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.77%

43.36%

-21.59%

Dividends

BIZD vs. OXLC - Dividend Comparison

BIZD's dividend yield for the trailing twelve months is around 13.94%, less than OXLC's 76.60% yield.

PositionTTM20252024202320222021202020192018201720162015
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%
OXLC
Oxford Lane Capital Corp.		76.60%35.86%20.12%18.83%17.75%10.51%22.46%19.85%16.70%17.91%22.84%24.10%

Frequently Asked Questions

BIZD and OXLC have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

OXLC has higher volatility (25.66%) compared to BIZD (5.51%). In terms of maximum drawdown, BIZD dropped -55.44% vs OXLC's -74.58%.

OXLC currently has the higher Sharpe Ratio (-0.64 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.

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