VT vs. BIZD

Last updated Jun 24, 2026

VT (Vanguard Total World Stock ETF) and BIZD (VanEck BDC Income ETF) are both exchange-traded funds - VT is a Global Equities fund tracking the FTSE Global All Cap Index, while BIZD is a Financials Equities fund tracking the MVIS US Business Development Companies Index. Both are passively managed. Over the past 10 years, VT returned 12.96%/yr vs 7.56%/yr for BIZD. A 0.59 correlation means they provide meaningful diversification when combined. VT charges 0.06%/yr vs 12.86%/yr for BIZD.

Performance

VT vs. BIZD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Total World Stock ETF (VT) 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, VT achieves a 10.06% return, which is significantly higher than BIZD's -9.87% return. Over the past 10 years, VT has outperformed BIZD with an annualized return of 12.96%, while BIZD has yielded a comparatively lower 7.56% annualized return.

VT

• 1D: -2.05%
• 1M: -0.44%
• YTD: 10.06%
• 6M: 9.32%
• 1Y: 25.71%
• 3Y*: 19.92%
• 5Y*: 10.51%
• 10Y*: 12.96%

BIZD

• 1D: 0.65%
• 1M: -0.65%
• YTD: -9.87%
• 6M: -8.40%
• 1Y: -12.75%
• 3Y*: 5.35%
• 5Y*: 3.92%
• 10Y*: 7.56%

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

VT vs. BIZD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VT Vanguard Total World Stock ETF	10.06%	22.43%	16.49%	22.02%	-18.00%	18.27%	16.59%	26.81%	-9.76%	24.50%
BIZD VanEck BDC Income ETF	-9.87%	-4.96%	15.63%	27.02%	-8.51%	36.25%	-7.12%	30.87%	-6.88%	0.36%

Correlation

The correlation between VT and BIZD is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (5Y) Calculated over the trailing 5-year period	0.60
Correlation (10Y) Calculated over the trailing 10-year period	0.57
Correlation (All Time) Calculated using the full available price history since Feb 12, 2013	0.59

The correlation between VT and BIZD shifts across timeframes, from 0.46 (1 year) to 0.60 (5 years), reflecting how their relationship changes across market environments.

VT vs. BIZD - Sectors Allocation Comparison

Sectors	VT	BIZD
Technology	31.1%	-
Financial Services	15.2%	100.0%
Industrials	11.4%	-
Consumer Cyclical	9.3%	-
Communication Services	8.0%	-
Healthcare	7.9%	-
Consumer Defensive	4.5%	-
Basic Materials	4.1%	-
Energy	3.8%	-
Utilities	2.4%	-
Real Estate	2.3%	-

Return for Risk

VT vs. BIZD — Risk / Return Rank

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

VT

VT Risk / Return Rank: 59
VT Sharpe Ratio Rank: 59
VT Sortino Ratio Rank: 57
VT Omega Ratio Rank: 58
VT Calmar Ratio Rank: 56
VT Martin Ratio Rank: 66

BIZD

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

VT vs. BIZD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total World Stock ETF (VT) 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.

	VT	BIZD	Difference
Sharpe ratio: Return per unit of total volatility	1.91	-0.69	+2.60
Sortino ratio: Return per unit of downside risk	2.62	-0.89	+3.51
Omega ratio: Gain probability vs. loss probability	1.35	0.90	+0.45
Calmar ratio: Return relative to maximum drawdown	2.67	-0.58	+3.25
Martin ratio: Return relative to average drawdown	11.57	-0.96	+12.53

VT vs. BIZD - Sharpe Ratio Comparison

The current VT Sharpe Ratio is 1.91, which is higher than the BIZD Sharpe Ratio of -0.69. The chart below compares the historical Sharpe Ratios of VT 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

VT vs. BIZD - Drawdown Comparison

The maximum VT drawdown since its inception was -50.27%, smaller than the maximum BIZD drawdown of -55.44%. Use the drawdown chart below to compare losses from any high point for VT and BIZD.

Drawdown Indicators

	VT	BIZD	Difference
Max Drawdown Largest peak-to-trough decline	-50.27%	-55.44%	+5.17%
Max Drawdown (1Y) Largest decline over 1 year	-9.67%	-22.22%	+12.55%
Max Drawdown (3Y) Largest decline over 3 years	-16.51%	-22.56%	+6.05%
Max Drawdown (5Y) Largest decline over 5 years	-26.38%	-22.91%	-3.47%
Max Drawdown (10Y) Largest decline over 10 years	-34.24%	-55.44%	+21.20%
Current Drawdown Current decline from peak	-2.80%	-20.05%	+17.25%
Average Drawdown Average peak-to-trough decline	-7.00%	-6.76%	-0.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.23%	13.30%	-11.07%

Volatility

VT vs. BIZD - Volatility Comparison

Vanguard Total World Stock ETF (VT) and VanEck BDC Income ETF (BIZD) have volatilities of 5.65% and 5.60%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VT	BIZD	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.65%	5.60%	+0.05%
Volatility (6M) Calculated over the trailing 6-month period	11.32%	15.19%	-3.87%
Volatility (1Y) Calculated over the trailing 1-year period	13.58%	18.50%	-4.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.19%	17.44%	-1.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.20%	21.78%	-4.58%

VT vs. BIZD - Expense Ratio Comparison

VT has a 0.06% expense ratio, which is lower than BIZD's 12.86% expense ratio.

Dividends

VT vs. BIZD - Dividend Comparison

VT's dividend yield for the trailing twelve months is around 1.61%, less than BIZD's 14.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BIZD VanEck BDC Income ETF	14.01%	11.78%	10.94%	10.96%	11.21%	8.14%	10.39%	9.13%	10.88%	9.13%	8.51%	9.12%
VT Vanguard Total World Stock ETF	1.61%	1.82%	1.95%	2.08%	2.20%	1.82%	1.66%	2.32%	2.53%	2.11%	2.39%	2.45%

Frequently Asked Questions

Can I hold both VT and BIZD in my portfolio?

VT and BIZD have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VT or BIZD?

VT has higher volatility (5.65%) compared to BIZD (5.60%). In terms of maximum drawdown, VT dropped -50.27% vs BIZD's -55.44%.

Which ETF is better, VT or BIZD?

On 10-year performance, VT leads with 12.96% vs 7.56% for BIZD. On fees, VT is cheaper at 0.06% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VT or BIZD?

Over the 10-year period, VT has performed better with a 12.96% return vs 7.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VT or BIZD?

VT is cheaper with a 0.06% expense ratio, compared with 12.86% for BIZD.

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

BIZD has the higher dividend yield at 14.01%, compared with 1.61% for VT.

What is the main difference between VT and BIZD?

VT is categorized as Global Equities, while BIZD is Financials Equities. VT tracks FTSE Global All Cap Index, while BIZD tracks MVIS US Business Development Companies Index. They also come from different issuers: Vanguard and VanEck. Their fees differ too: 0.06% for VT and 12.86% for BIZD.

Which has better risk-adjusted returns?

VT currently has the higher Sharpe Ratio (1.91 vs -0.69), 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.