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GSBD vs. BIZD
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

GSBD vs. BIZD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs BDC, Inc. (GSBD) and VanEck Vectors BDC Income ETF (BIZD). The values are adjusted to include any dividend payments, if applicable.

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GSBD vs. BIZD - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
GSBD
Goldman Sachs BDC, Inc.
-1.82%-8.81%-6.24%20.97%-20.13%10.85%0.71%26.36%-9.44%1.96%
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, GSBD achieves a -1.82% return, which is significantly higher than BIZD's -11.26% return. Over the past 10 years, GSBD has underperformed BIZD with an annualized return of 3.01%, while BIZD has yielded a comparatively higher 7.53% annualized return.


GSBD

1D
-1.35%
1M
-0.54%
YTD
-1.82%
6M
-5.29%
1Y
-10.85%
3Y*
-0.40%
5Y*
-3.21%
10Y*
3.01%

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

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Return for Risk

GSBD vs. BIZD — Risk / Return Rank

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

GSBD
GSBD Risk / Return Rank: 2020
Overall Rank
GSBD Sharpe Ratio Rank: 1818
Sharpe Ratio Rank
GSBD Sortino Ratio Rank: 1717
Sortino Ratio Rank
GSBD Omega Ratio Rank: 1818
Omega Ratio Rank
GSBD Calmar Ratio Rank: 2222
Calmar Ratio Rank
GSBD Martin Ratio Rank: 2525
Martin Ratio Rank

BIZD
BIZD Risk / Return Rank: 11
Overall Rank
BIZD Sharpe Ratio Rank: 11
Sharpe Ratio Rank
BIZD Sortino Ratio Rank: 22
Sortino Ratio Rank
BIZD Omega Ratio Rank: 22
Omega Ratio Rank
BIZD Calmar Ratio Rank: 22
Calmar Ratio Rank
BIZD Martin Ratio Rank: 11
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.

GSBD vs. BIZD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs BDC, Inc. (GSBD) 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.


GSBDBIZDDifference

Sharpe ratio

Return per unit of total volatility

-0.51

-0.81

+0.31

Sortino ratio

Return per unit of downside risk

-0.58

-1.05

+0.47

Omega ratio

Gain probability vs. loss probability

0.93

0.87

+0.06

Calmar ratio

Return relative to maximum drawdown

-0.57

-0.73

+0.16

Martin ratio

Return relative to average drawdown

-0.92

-1.49

+0.56

GSBD vs. BIZD - Sharpe Ratio Comparison

The current GSBD Sharpe Ratio is -0.51, which is higher than the BIZD Sharpe Ratio of -0.81. The chart below compares the historical Sharpe Ratios of GSBD and BIZD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


GSBDBIZDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.51

-0.81

+0.31

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.17

0.31

-0.48

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.10

0.35

-0.25

Sharpe Ratio (All Time)

Calculated using the full available price history

0.12

0.30

-0.18

Correlation

The correlation between GSBD and BIZD is 0.63, 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

GSBD vs. BIZD - Dividend Comparison

GSBD's dividend yield for the trailing twelve months is around 19.98%, more than BIZD's 14.23% yield.


TTM20252024202320222021202020192018201720162015
GSBD
Goldman Sachs BDC, Inc.
19.98%20.26%14.88%12.29%13.12%10.18%9.41%8.46%9.79%8.12%7.65%9.47%
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

GSBD vs. BIZD - Drawdown Comparison

The maximum GSBD drawdown since its inception was -62.67%, which is greater than BIZD's maximum drawdown of -55.44%. Use the drawdown chart below to compare losses from any high point for GSBD and BIZD.


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Drawdown Indicators


GSBDBIZDDifference

Max Drawdown

Largest peak-to-trough decline

-62.67%

-55.44%

-7.23%

Max Drawdown (1Y)

Largest decline over 1 year

-18.41%

-22.22%

+3.81%

Max Drawdown (5Y)

Largest decline over 5 years

-29.59%

-22.91%

-6.68%

Max Drawdown (10Y)

Largest decline over 10 years

-62.67%

-55.44%

-7.23%

Current Drawdown

Current decline from peak

-25.64%

-21.29%

-4.35%

Average Drawdown

Average peak-to-trough decline

-11.56%

-6.58%

-4.98%

Ulcer Index

Depth and duration of drawdowns from previous peaks

11.40%

10.98%

+0.42%

Volatility

GSBD vs. BIZD - Volatility Comparison

The current volatility for Goldman Sachs BDC, Inc. (GSBD) is 6.26%, while VanEck Vectors BDC Income ETF (BIZD) has a volatility of 6.68%. This indicates that GSBD experiences smaller price fluctuations and is considered to be less risky than BIZD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


GSBDBIZDDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.26%

6.68%

-0.42%

Volatility (6M)

Calculated over the trailing 6-month period

13.37%

14.30%

-0.93%

Volatility (1Y)

Calculated over the trailing 1-year period

21.57%

21.28%

+0.29%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.77%

17.17%

+1.60%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

30.75%

21.59%

+9.16%