BIZD vs. TFNS

Last updated Apr 2, 2026

Compare and contrast key facts about VanEck Vectors BDC Income ETF (BIZD) and T. Rowe Price Financials ETF (TFNS).

BIZD and TFNS 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. TFNS is an actively managed fund by T. Rowe Price. It was launched on Jun 11, 2025.

Performance

BIZD vs. TFNS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors BDC Income ETF (BIZD) and T. Rowe Price Financials ETF (TFNS). The values are adjusted to include any dividend payments, if applicable.

BIZD vs. TFNS - Yearly Performance Comparison

	2026 (YTD)	2025
BIZD VanEck Vectors BDC Income ETF	-11.26%	-5.23%
TFNS T. Rowe Price Financials ETF	-8.56%	10.41%

Returns By Period

In the year-to-date period, BIZD achieves a -11.26% return, which is significantly lower than TFNS's -8.56% 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%

TFNS

• 1D: 0.14%
• 1M: -3.39%
• YTD: -8.56%
• 6M: -4.00%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BIZD vs. TFNS - Expense Ratio Comparison

BIZD has a 10.92% expense ratio, which is higher than TFNS's 0.44% expense ratio.

BIZD

VanEck Vectors BDC Income ETF

TFNS

T. Rowe Price Financials ETF

Return for Risk

BIZD vs. TFNS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BIZD

BIZD Risk / Return Rank: 1
BIZD Sharpe Ratio Rank: 1
BIZD Sortino Ratio Rank: 2
BIZD Omega Ratio Rank: 2
BIZD Calmar Ratio Rank: 2
BIZD Martin Ratio Rank: 1

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. TFNS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors BDC Income ETF (BIZD) and T. Rowe Price Financials ETF (TFNS). 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	TFNS	Difference
Sharpe ratio Return per unit of total volatility	-0.81	—	—
Sortino ratio Return per unit of downside risk	-1.05	—	—
Omega ratio Gain probability vs. loss probability	0.87	—	—
Calmar ratio Return relative to maximum drawdown	-0.73	—	—
Martin ratio Return relative to average drawdown	-1.49	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BIZD	TFNS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.81	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.31	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.35	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.08	+0.22

Correlation

The correlation between BIZD and TFNS is 0.53, 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. TFNS - Dividend Comparison

BIZD's dividend yield for the trailing twelve months is around 14.23%, more than TFNS's 0.54% 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%
TFNS T. Rowe Price Financials ETF	0.54%	0.49%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

BIZD vs. TFNS - Drawdown Comparison

The maximum BIZD drawdown since its inception was -55.44%, which is greater than TFNS's maximum drawdown of -14.00%. Use the drawdown chart below to compare losses from any high point for BIZD and TFNS.

Drawdown Indicators

	BIZD	TFNS	Difference
Max Drawdown Largest peak-to-trough decline	-55.44%	-14.00%	-41.44%
Max Drawdown (1Y) Largest decline over 1 year	-22.22%	—	—
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	-21.29%	-11.11%	-10.18%
Average Drawdown Average peak-to-trough decline	-6.58%	-3.14%	-3.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.98%	—	—

Volatility

Volatility by Period

	BIZD	TFNS	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.68%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.30%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	21.28%	15.46%	+5.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.17%	15.46%	+1.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.59%	15.46%	+6.13%