IVRA vs. BIZD
Compare and contrast key facts about Invesco Real Assets ESG ETF (IVRA) and VanEck Vectors BDC Income ETF (BIZD).
IVRA and BIZD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IVRA is an actively managed fund by Invesco. It was launched on Dec 22, 2020. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IVRA or BIZD.
Correlation
The correlation between IVRA and BIZD is 0.61, 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
IVRA vs. BIZD - Performance Comparison
Key characteristics
IVRA:
1.01
BIZD:
1.32
IVRA:
1.43
BIZD:
1.81
IVRA:
1.19
BIZD:
1.24
IVRA:
0.86
BIZD:
1.65
IVRA:
4.67
BIZD:
6.10
IVRA:
3.02%
BIZD:
2.38%
IVRA:
13.90%
BIZD:
11.01%
IVRA:
-25.99%
BIZD:
-55.47%
IVRA:
-7.96%
BIZD:
-1.30%
Returns By Period
In the year-to-date period, IVRA achieves a 12.36% return, which is significantly lower than BIZD's 13.35% return.
IVRA
12.36%
-5.33%
11.87%
13.15%
N/A
N/A
BIZD
13.35%
1.46%
3.94%
14.23%
10.59%
9.28%
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IVRA vs. BIZD - Expense Ratio Comparison
IVRA has a 0.59% expense ratio, which is lower than BIZD's 10.92% expense ratio.
Risk-Adjusted Performance
IVRA vs. BIZD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Real Assets ESG ETF (IVRA) 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
IVRA vs. BIZD - Dividend Comparison
IVRA's dividend yield for the trailing twelve months is around 2.11%, less than BIZD's 11.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVRA Invesco Real Assets ESG ETF | 2.11% | 2.50% | 2.33% | 5.48% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BIZD VanEck Vectors BDC Income ETF | 11.02% | 10.97% | 11.22% | 8.14% | 10.39% | 9.13% | 10.88% | 9.13% | 8.51% | 9.12% | 8.51% | 5.45% |
Drawdowns
IVRA vs. BIZD - Drawdown Comparison
The maximum IVRA drawdown since its inception was -25.99%, smaller than the maximum BIZD drawdown of -55.47%. Use the drawdown chart below to compare losses from any high point for IVRA and BIZD. For additional features, visit the drawdowns tool.
Volatility
IVRA vs. BIZD - Volatility Comparison
Invesco Real Assets ESG ETF (IVRA) has a higher volatility of 5.10% compared to VanEck Vectors BDC Income ETF (BIZD) at 2.75%. This indicates that IVRA'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.