EINC vs. BIZD
Compare and contrast key facts about VanEck Energy Income ETF (EINC) and VanEck Vectors BDC Income ETF (BIZD).
EINC and BIZD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EINC is a passively managed fund by VanEck that tracks the performance of the MVIS North America Energy Infrastructure Index. It was launched on Mar 13, 2012. 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. Both EINC and BIZD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EINC or BIZD.
Key characteristics
| EINC | BIZD | |
|---|---|---|
| YTD Return | 44.38% | 10.10% |
| 1Y Return | 50.89% | 16.42% |
| 3Y Return (Ann) | 23.56% | 8.49% |
| 5Y Return (Ann) | 17.94% | 10.89% |
| 10Y Return (Ann) | -1.61% | 8.41% |
| Sharpe Ratio | 3.89 | 1.51 |
| Sortino Ratio | 5.20 | 2.05 |
| Omega Ratio | 1.68 | 1.27 |
| Calmar Ratio | 1.02 | 1.88 |
| Martin Ratio | 30.57 | 7.01 |
| Ulcer Index | 1.69% | 2.35% |
| Daily Std Dev | 13.32% | 10.93% |
| Max Drawdown | -87.56% | -55.47% |
| Current Drawdown | -25.81% | -2.23% |
Correlation
The correlation between EINC and BIZD is 0.51, 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.
Performance
EINC vs. BIZD - Performance Comparison
In the year-to-date period, EINC achieves a 44.38% return, which is significantly higher than BIZD's 10.10% return. Over the past 10 years, EINC has underperformed BIZD with an annualized return of -1.61%, while BIZD has yielded a comparatively higher 8.41% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EINC vs. BIZD - Expense Ratio Comparison
EINC has a 0.45% expense ratio, which is lower than BIZD's 10.92% expense ratio.
Risk-Adjusted Performance
EINC vs. BIZD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Energy Income ETF (EINC) 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.
Dividends
EINC vs. BIZD - Dividend Comparison
EINC's dividend yield for the trailing twelve months is around 3.30%, less than BIZD's 11.34% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EINC VanEck Energy Income ETF | 3.30% | 3.77% | 2.89% | 6.03% | 6.69% | 9.66% | 11.31% | 8.53% | 9.71% | 28.53% | 12.41% | 8.90% |
BIZD VanEck Vectors BDC Income ETF | 11.34% | 10.97% | 11.22% | 8.14% | 10.39% | 9.13% | 10.88% | 9.13% | 8.51% | 9.12% | 8.51% | 5.45% |
Drawdowns
EINC vs. BIZD - Drawdown Comparison
The maximum EINC drawdown since its inception was -87.56%, which is greater than BIZD's maximum drawdown of -55.47%. Use the drawdown chart below to compare losses from any high point for EINC and BIZD. For additional features, visit the drawdowns tool.
Volatility
EINC vs. BIZD - Volatility Comparison
VanEck Energy Income ETF (EINC) has a higher volatility of 4.95% compared to VanEck Vectors BDC Income ETF (BIZD) at 3.59%. This indicates that EINC's price experiences larger fluctuations and is considered to be riskier than BIZD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.