EMET vs. BIZD

Last updated Jul 17, 2026

EMET (VanEck Copper and Green Metals ETF) and BIZD (VanEck BDC Income ETF) are both exchange-traded funds - EMET is a Copper fund tracking the MVIS Global Clean-Tech Metals Index, while BIZD is a Financials Equities fund tracking the MVIS US Business Development Companies Index. Both are passively managed. Over the past 3 years, EMET returned 12.01%/yr vs 5.03%/yr for BIZD. At a 0.39 correlation, their price movements are largely independent. EMET charges 0.61%/yr vs 12.86%/yr for BIZD.

Performance

EMET vs. BIZD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Copper and Green Metals ETF (EMET) and VanEck BDC Income ETF (BIZD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EMET achieves a 0.97% return, which is significantly higher than BIZD's -3.95% return.

EMET

• 1D: -3.27%
• 1M: -18.40%
• 6M: -12.86%
• YTD: 0.97%
• 1Y: 55.39%
• 3Y*: 12.01%
• 5Y*: —
• 10Y*: —

BIZD

• 1D: 1.50%
• 1M: 3.86%
• 6M: -6.71%
• YTD: -3.95%
• 1Y: -13.50%
• 3Y*: 5.03%
• 5Y*: 5.46%
• 10Y*: 7.75%

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

EMET vs. BIZD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
EMET VanEck Copper and Green Metals ETF	0.97%	81.22%	-12.81%	-12.28%	-17.15%	0.11%
BIZD VanEck BDC Income ETF	-3.95%	-4.96%	15.63%	27.02%	-8.51%	0.07%

Correlation

The correlation between EMET and BIZD is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (All Time) Calculated using the full available price history since Nov 11, 2021	0.39

Over the past year, the correlation between EMET and BIZD has dropped to 0.16 - well below their long-term average of 0.39, suggesting their price drivers have been diverging.

Return for Risk

EMET vs. BIZD — Risk / Return Rank

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

EMET

EMET Risk / Return Rank: 48
EMET Sharpe Ratio Rank: 51
EMET Sortino Ratio Rank: 45
EMET Omega Ratio Rank: 47
EMET Calmar Ratio Rank: 53
EMET Martin Ratio Rank: 46

BIZD

BIZD Risk / Return Rank: 4
BIZD Sharpe Ratio Rank: 3
BIZD Sortino Ratio Rank: 4
BIZD Omega Ratio Rank: 4
BIZD Calmar Ratio Rank: 4
BIZD Martin Ratio Rank: 5

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.

EMET vs. BIZD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Copper and Green Metals ETF (EMET) and VanEck 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.

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.

	EMET	BIZD	Difference
Sharpe ratio: Return per unit of total volatility	1.43	-0.72	+2.15
Sortino ratio: Return per unit of downside risk	1.88	-0.95	+2.83
Omega ratio: Gain probability vs. loss probability	1.25	0.90	+0.35
Calmar ratio: Return relative to maximum drawdown	2.18	-0.61	+2.79
Martin ratio: Return relative to average drawdown	5.93	-0.97	+6.89

EMET vs. BIZD - Sharpe Ratio Comparison

The current EMET Sharpe Ratio is 1.43, which is higher than the BIZD Sharpe Ratio of -0.72. The chart below compares the historical Sharpe Ratios of EMET and BIZD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EMET vs. BIZD - Drawdown Comparison

The maximum EMET drawdown since its inception was -53.05%, roughly equal to the maximum BIZD drawdown of -55.44%. Use the drawdown chart below to compare losses from any high point for EMET and BIZD.

Drawdown Indicators

	EMET	BIZD	Difference
Max Drawdown Largest peak-to-trough decline	-53.05%	-55.44%	+2.39%
Max Drawdown (1Y) Largest decline over 1 year	-25.58%	-22.22%	-3.36%
Max Drawdown (3Y) Largest decline over 3 years	-40.50%	-22.56%	-17.94%
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	-23.47%	-14.81%	-8.66%
Average Drawdown Average peak-to-trough decline	-24.59%	-6.81%	-17.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.37%	14.01%	-4.64%

Volatility

EMET vs. BIZD - Volatility Comparison

VanEck Copper and Green Metals ETF (EMET) has a higher volatility of 11.36% compared to VanEck BDC Income ETF (BIZD) at 4.93%. This indicates that EMET'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.

Volatility by Period

	EMET	BIZD	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.36%	4.93%	+6.43%
Volatility (6M) Calculated over the trailing 6-month period	33.81%	15.06%	+18.75%
Volatility (1Y) Calculated over the trailing 1-year period	38.91%	18.73%	+20.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.47%	17.49%	+15.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.47%	21.78%	+11.69%

EMET vs. BIZD - Expense Ratio Comparison

EMET has a 0.61% expense ratio, which is lower than BIZD's 12.86% expense ratio.

Dividends

EMET vs. BIZD - Dividend Comparison

EMET's dividend yield for the trailing twelve months is around 1.83%, less than BIZD's 11.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BIZD VanEck BDC Income ETF	11.85%	11.78%	10.94%	10.96%	11.21%	8.14%	10.39%	9.13%	10.88%	9.13%	8.51%	9.12%
EMET VanEck Copper and Green Metals ETF	1.83%	1.84%	1.89%	2.02%	2.56%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EMET and BIZD in my portfolio?

EMET and BIZD have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EMET or BIZD?

EMET has higher volatility (11.36%) compared to BIZD (4.93%). In terms of maximum drawdown, EMET dropped -53.05% vs BIZD's -55.44%.

Which ETF is better, EMET or BIZD?

On 3-year performance, EMET leads with 12.01% vs 5.03% for BIZD. On fees, EMET is cheaper at 0.61% per year. On volatility, BIZD has been the lower-risk option at 4.93%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EMET or BIZD?

Over the 3-year period, EMET has performed better with a 12.01% return vs 5.03%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EMET or BIZD?

EMET is cheaper with a 0.61% expense ratio, compared with 12.86% for BIZD.

Which ETF pays a higher dividend yield, EMET or BIZD?

BIZD has the higher dividend yield at 11.85%, compared with 1.83% for EMET.

What is the main difference between EMET and BIZD?

EMET is categorized as Copper, while BIZD is Financials Equities. EMET tracks MVIS Global Clean-Tech Metals Index, while BIZD tracks MVIS US Business Development Companies Index. Their fees differ too: 0.61% for EMET and 12.86% for BIZD.

Which has better risk-adjusted returns?

EMET currently has the higher Sharpe Ratio (1.43 vs -0.72), 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.