EADIX vs. BIZD
Compare and contrast key facts about Eaton Vance Tax-Managed Global Dividend Income Fund (EADIX) and VanEck Vectors BDC Income ETF (BIZD).
EADIX is managed by BlackRock. It was launched on May 29, 2003. 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.
Performance
EADIX vs. BIZD - Performance Comparison
Loading graphics...
EADIX vs. BIZD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EADIX Eaton Vance Tax-Managed Global Dividend Income Fund | -3.39% | 23.11% | 8.75% | 25.02% | -18.77% | 23.18% | 14.32% | 28.50% | -11.44% | 20.02% |
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% |
Returns By Period
In the year-to-date period, EADIX achieves a -3.39% return, which is significantly higher than BIZD's -11.26% return. Over the past 10 years, EADIX has outperformed BIZD with an annualized return of 10.12%, while BIZD has yielded a comparatively lower 7.53% annualized return.
EADIX
- 1D
- 3.32%
- 1M
- -6.04%
- YTD
- -3.39%
- 6M
- 1.86%
- 1Y
- 18.69%
- 3Y*
- 14.60%
- 5Y*
- 8.67%
- 10Y*
- 10.12%
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%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
EADIX vs. BIZD - Expense Ratio Comparison
EADIX has a 1.18% expense ratio, which is lower than BIZD's 10.92% expense ratio.
Return for Risk
EADIX vs. BIZD — Risk / Return Rank
EADIX
BIZD
EADIX vs. BIZD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Tax-Managed Global Dividend Income Fund (EADIX) and VanEck Vectors BDC Income ETF (BIZD). 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.
| EADIX | BIZD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.04 | -0.81 | +1.85 |
Sortino ratioReturn per unit of downside risk | 1.56 | -1.05 | +2.61 |
Omega ratioGain probability vs. loss probability | 1.23 | 0.87 | +0.36 |
Calmar ratioReturn relative to maximum drawdown | 1.56 | -0.73 | +2.29 |
Martin ratioReturn relative to average drawdown | 6.54 | -1.49 | +8.03 |
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
| EADIX | BIZD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.04 | -0.81 | +1.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | 0.31 | +0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | 0.35 | +0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.30 | +0.17 |
Correlation
The correlation between EADIX and BIZD is 0.57, 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
EADIX vs. BIZD - Dividend Comparison
EADIX's dividend yield for the trailing twelve months is around 3.83%, less than BIZD's 14.23% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EADIX Eaton Vance Tax-Managed Global Dividend Income Fund | 3.83% | 3.38% | 4.15% | 3.97% | 5.42% | 6.52% | 3.12% | 3.18% | 3.95% | 3.09% | 3.92% | 3.84% |
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% |
Drawdowns
EADIX vs. BIZD - Drawdown Comparison
The maximum EADIX drawdown since its inception was -52.70%, roughly equal to the maximum BIZD drawdown of -55.44%. Use the drawdown chart below to compare losses from any high point for EADIX and BIZD.
Loading graphics...
Drawdown Indicators
| EADIX | BIZD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.70% | -55.44% | +2.74% |
Max Drawdown (1Y)Largest decline over 1 year | -12.01% | -22.22% | +10.21% |
Max Drawdown (5Y)Largest decline over 5 years | -27.71% | -22.91% | -4.80% |
Max Drawdown (10Y)Largest decline over 10 years | -35.34% | -55.44% | +20.10% |
Current DrawdownCurrent decline from peak | -8.17% | -21.29% | +13.12% |
Average DrawdownAverage peak-to-trough decline | -8.21% | -6.58% | -1.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.86% | 10.98% | -8.12% |
Volatility
EADIX vs. BIZD - Volatility Comparison
Eaton Vance Tax-Managed Global Dividend Income Fund (EADIX) and VanEck Vectors BDC Income ETF (BIZD) have volatilities of 6.78% and 6.68%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| EADIX | BIZD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.78% | 6.68% | +0.10% |
Volatility (6M)Calculated over the trailing 6-month period | 10.43% | 14.30% | -3.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.26% | 21.28% | -3.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.77% | 17.17% | -0.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.62% | 21.59% | -3.97% |