MBBB vs. BIZD
MBBB (VanEck Moody's Analytics BBB Corporate Bond ETF) and BIZD (VanEck BDC Income ETF) are both exchange-traded funds - MBBB is a Corporate Bonds fund tracking the MVIS Moody's Analytics US BBB Corporate Bond Index, while BIZD is a Financials Equities fund tracking the MVIS US Business Development Companies Index. Both are passively managed. Over the past 5 years, MBBB returned 1.11%/yr vs 4.03%/yr for BIZD. At a 0.22 correlation, their price movements are largely independent. MBBB charges 0.25%/yr vs 0.42%/yr for BIZD.
Performance
MBBB vs. BIZD - Performance Comparison
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Returns By Period
In the year-to-date period, MBBB achieves a 0.43% return, which is significantly higher than BIZD's -8.99% return.
MBBB
- 1D
- -0.23%
- 1M
- 0.71%
- YTD
- 0.43%
- 6M
- 0.32%
- 1Y
- 5.40%
- 3Y*
- 6.05%
- 5Y*
- 1.11%
- 10Y*
- —
BIZD
- 1D
- -2.28%
- 1M
- -6.62%
- YTD
- -8.99%
- 6M
- -10.20%
- 1Y
- -12.94%
- 3Y*
- 5.27%
- 5Y*
- 4.03%
- 10Y*
- 7.77%
MBBB vs. BIZD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MBBB VanEck Moody's Analytics BBB Corporate Bond ETF | 0.43% | 7.64% | 3.68% | 9.75% | -15.04% | 0.30% | 1.51% |
BIZD VanEck BDC Income ETF | -8.99% | -4.96% | 15.63% | 27.02% | -8.51% | 36.25% | 0.64% |
Correlation
The correlation between MBBB and BIZD is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Dec 3, 2020 | 0.22 |
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Return for Risk
MBBB vs. BIZD — Risk / Return Rank
MBBB
BIZD
MBBB vs. BIZD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Moody's Analytics BBB Corporate Bond ETF (MBBB) 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.
| MBBB | BIZD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.03 | ||
| Sortino ratioReturn per unit of downside risk | +2.85 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 0.90 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 1.82 | -0.58 | +2.40 |
| Martin ratioReturn relative to average drawdown | 5.86 | -1.03 | +6.89 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MBBB | BIZD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.31 | -0.72 | +2.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.18 | 0.23 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.36 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 0.30 | -0.12 |
Drawdowns
MBBB vs. BIZD - Drawdown Comparison
The maximum MBBB drawdown since its inception was -21.73%, smaller than the maximum BIZD drawdown of -55.44%. Use the drawdown chart below to compare losses from any high point for MBBB and BIZD.
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Drawdown Indicators
| MBBB | BIZD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.73% | -55.44% | +33.71% |
Max Drawdown (1Y)Largest decline over 1 year | -2.98% | -22.22% | +19.24% |
Max Drawdown (3Y)Largest decline over 3 years | -5.64% | -22.56% | +16.92% |
Max Drawdown (5Y)Largest decline over 5 years | -21.73% | -22.91% | +1.18% |
Max Drawdown (10Y)Largest decline over 10 years | — | -55.44% | — |
Current DrawdownCurrent decline from peak | -0.97% | -19.27% | +18.30% |
Average DrawdownAverage peak-to-trough decline | -6.83% | -6.72% | -0.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.92% | 12.63% | -11.71% |
Volatility
MBBB vs. BIZD - Volatility Comparison
The current volatility for VanEck Moody's Analytics BBB Corporate Bond ETF (MBBB) is 1.52%, while VanEck BDC Income ETF (BIZD) has a volatility of 4.79%. This indicates that MBBB 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
| MBBB | BIZD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.52% | 4.79% | -3.27% |
Volatility (6M)Calculated over the trailing 6-month period | 3.15% | 14.77% | -11.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.14% | 18.11% | -13.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.36% | 17.40% | -11.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.23% | 21.74% | -15.51% |
MBBB vs. BIZD - Expense Ratio Comparison
MBBB has a 0.25% expense ratio, which is lower than BIZD's 0.42% expense ratio.
Dividends
MBBB vs. BIZD - Dividend Comparison
MBBB's dividend yield for the trailing twelve months is around 5.08%, less than BIZD's 13.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIZD VanEck BDC Income ETF | 13.87% | 11.78% | 10.94% | 10.96% | 11.21% | 8.14% | 10.39% | 9.13% | 10.88% | 9.13% | 8.51% | 9.12% |
MBBB VanEck Moody's Analytics BBB Corporate Bond ETF | 5.08% | 4.99% | 4.93% | 4.51% | 3.22% | 2.29% | 0.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MBBB and BIZD have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BIZD has higher volatility (4.79%) compared to MBBB (1.52%). In terms of maximum drawdown, MBBB dropped -21.73% vs BIZD's -55.44%.
On 5-year performance, BIZD leads with 4.03% vs 1.11% for MBBB. On fees, MBBB is cheaper at 0.25% per year. On volatility, MBBB has been the lower-risk option at 1.52%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, BIZD has performed better with a 4.03% return vs 1.11%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
MBBB is cheaper with a 0.25% expense ratio, compared with 0.42% for BIZD.
BIZD has the higher dividend yield at 13.87%, compared with 5.08% for MBBB.
MBBB is categorized as Corporate Bonds, while BIZD is Financials Equities. MBBB tracks MVIS Moody's Analytics US BBB Corporate Bond Index, while BIZD tracks MVIS US Business Development Companies Index. Their fees differ too: 0.25% for MBBB and 0.42% for BIZD.
MBBB currently has the higher Sharpe Ratio (1.31 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.
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