TRUO vs. BIZD

Last updated Jul 21, 2026

TRUO (VanEck Consumer Staples TruSector ETF) and BIZD (VanEck BDC Income ETF) are both exchange-traded funds - TRUO is a Consumer Staples Equities fund managed by VanEck, while BIZD is a Financials Equities fund tracking the MVIS US Business Development Companies Index. At a 0.33 correlation, their price movements are largely independent. TRUO charges 0.14%/yr vs 12.86%/yr for BIZD.

Performance

TRUO vs. BIZD - Performance Comparison

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

Returns By Period

TRUO

• 1D: -0.53%
• 1M: 1.11%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BIZD

• 1D: -1.18%
• 1M: 3.66%
• 6M: -8.38%
• YTD: -6.11%
• 1Y: -16.00%
• 3Y*: 3.99%
• 5Y*: 4.81%
• 10Y*: 7.40%

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

TRUO vs. BIZD - Yearly Performance Comparison

	2026 (YTD)
TRUO VanEck Consumer Staples TruSector ETF	1.92%
BIZD VanEck BDC Income ETF	0.80%

Correlation

The correlation between TRUO and BIZD is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 3, 2026	0.33

Return for Risk

TRUO vs. BIZD — Risk / Return Rank

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

TRUO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

BIZD

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

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.

TRUO vs. BIZD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Consumer Staples TruSector ETF (TRUO) 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.

	TRUO	BIZD	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.86	—
Sortino ratio: Return per unit of downside risk	—	-1.16	—
Omega ratio: Gain probability vs. loss probability	—	0.87	—
Calmar ratio: Return relative to maximum drawdown	—	-0.74	—
Martin ratio: Return relative to average drawdown	—	-1.17	—

Drawdowns

TRUO vs. BIZD - Drawdown Comparison

The maximum TRUO drawdown since its inception was -3.45%, smaller than the maximum BIZD drawdown of -55.44%. Use the drawdown chart below to compare losses from any high point for TRUO and BIZD.

Drawdown Indicators

	TRUO	BIZD	Difference
Max Drawdown Largest peak-to-trough decline	-3.45%	-55.44%	+51.99%
Max Drawdown (1Y) Largest decline over 1 year	—	-21.84%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.56%	—
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	-1.46%	-16.73%	+15.27%
Average Drawdown Average peak-to-trough decline	-1.45%	-6.82%	+5.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	13.75%	—

Volatility

Volatility by Period

	TRUO	BIZD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.65%	—
Volatility (6M) Calculated over the trailing 6-month period	—	15.01%	—
Volatility (1Y) Calculated over the trailing 1-year period	19.29%	18.77%	+0.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.29%	17.48%	+1.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.29%	21.80%	-2.51%

TRUO vs. BIZD - Expense Ratio Comparison

TRUO has a 0.14% expense ratio, which is lower than BIZD's 12.86% expense ratio.

Dividends

TRUO vs. BIZD - Dividend Comparison

TRUO has not paid dividends to shareholders, while BIZD's dividend yield for the trailing twelve months is around 12.12%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BIZD VanEck BDC Income ETF	12.12%	11.78%	10.94%	10.96%	11.21%	8.14%	10.39%	9.13%	10.88%	9.13%	8.51%	9.12%
TRUO VanEck Consumer Staples TruSector ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TRUO and BIZD in my portfolio?

TRUO and BIZD have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TRUO or BIZD?

On fees, TRUO is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TRUO or BIZD?

TRUO is cheaper with a 0.14% expense ratio, compared with 12.86% for BIZD.

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

BIZD has the higher dividend yield at 12.12%, compared with 0.00% for TRUO.

What is the main difference between TRUO and BIZD?

TRUO is categorized as Consumer Staples Equities, while BIZD is Financials Equities. Their fees differ too: 0.14% for TRUO and 12.86% for BIZD.