WTV vs. BIZD

Last updated Jun 26, 2026

WTV (WisdomTree U.S. Value Fund) and BIZD (VanEck BDC Income ETF) are both exchange-traded funds - WTV is a Mid Cap Value Equities fund actively managed by WisdomTree, while BIZD is a Financials Equities fund tracking the MVIS US Business Development Companies Index. WTV is actively managed, while BIZD is passively managed. Over the past 5 years, WTV returned 13.30%/yr vs 3.97%/yr for BIZD. A 0.63 correlation means they provide meaningful diversification when combined. WTV charges 0.12%/yr vs 12.86%/yr for BIZD.

Performance

WTV vs. BIZD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree U.S. Value Fund (WTV) 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, WTV achieves a 10.40% return, which is significantly higher than BIZD's -10.23% return.

WTV

• 1D: 0.14%
• 1M: 0.51%
• YTD: 10.40%
• 6M: 9.44%
• 1Y: 22.68%
• 3Y*: 21.11%
• 5Y*: 13.30%
• 10Y*: —

BIZD

• 1D: 0.33%
• 1M: -2.55%
• YTD: -10.23%
• 6M: -8.96%
• 1Y: -13.81%
• 3Y*: 4.81%
• 5Y*: 3.97%
• 10Y*: 7.73%

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

WTV vs. BIZD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WTV WisdomTree U.S. Value Fund	10.40%	13.51%	23.99%	22.35%	-8.06%	30.59%	6.15%	29.69%	-8.29%	1.58%
BIZD VanEck BDC Income ETF	-10.23%	-4.96%	15.63%	27.02%	-8.51%	36.25%	-7.12%	30.87%	-6.88%	0.08%

Correlation

The correlation between WTV and BIZD is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.57
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (5Y) Calculated over the trailing 5-year period	0.65
Correlation (All Time) Calculated using the full available price history since Dec 15, 2017	0.63

The correlation between WTV and BIZD has been stable across timeframes, ranging from 0.57 to 0.65 - a consistent structural relationship.

WTV vs. BIZD - Sectors Allocation Comparison

Sectors	WTV	BIZD
Financial Services	18.5%	100.0%
Technology	18.3%	-
Consumer Cyclical	10.6%	-
Industrials	10.3%	-
Consumer Defensive	9.9%	-
Healthcare	7.5%	-
Communication Services	6.5%	-
Energy	6.4%	-
Real Estate	5.4%	-
Utilities	4.5%	-
Basic Materials	2.2%	-

Return for Risk

WTV vs. BIZD — Risk / Return Rank

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

WTV

WTV Risk / Return Rank: 69
WTV Sharpe Ratio Rank: 69
WTV Sortino Ratio Rank: 71
WTV Omega Ratio Rank: 67
WTV Calmar Ratio Rank: 72
WTV Martin Ratio Rank: 66

BIZD

BIZD Risk / Return Rank: 4
BIZD Sharpe Ratio Rank: 3
BIZD Sortino Ratio Rank: 4
BIZD Omega Ratio Rank: 4
BIZD Calmar Ratio Rank: 4
BIZD Martin Ratio Rank: 5

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.

WTV vs. BIZD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. Value Fund (WTV) 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.

	WTV	BIZD	Difference
Sharpe ratio: Return per unit of total volatility	1.93	-0.75	+2.68
Sortino ratio: Return per unit of downside risk	2.80	-0.98	+3.78
Omega ratio: Gain probability vs. loss probability	1.35	0.89	+0.45
Calmar ratio: Return relative to maximum drawdown	3.19	-0.62	+3.81
Martin ratio: Return relative to average drawdown	10.31	-1.03	+11.34

WTV vs. BIZD - Sharpe Ratio Comparison

The current WTV Sharpe Ratio is 1.93, which is higher than the BIZD Sharpe Ratio of -0.75. The chart below compares the historical Sharpe Ratios of WTV 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

WTV vs. BIZD - Drawdown Comparison

The maximum WTV drawdown since its inception was -42.18%, smaller than the maximum BIZD drawdown of -55.44%. Use the drawdown chart below to compare losses from any high point for WTV and BIZD.

Drawdown Indicators

	WTV	BIZD	Difference
Max Drawdown Largest peak-to-trough decline	-42.18%	-55.44%	+13.26%
Max Drawdown (1Y) Largest decline over 1 year	-7.15%	-22.22%	+15.07%
Max Drawdown (3Y) Largest decline over 3 years	-18.49%	-22.56%	+4.07%
Max Drawdown (5Y) Largest decline over 5 years	-19.30%	-22.91%	+3.61%
Max Drawdown (10Y) Largest decline over 10 years	—	-55.44%	—
Current Drawdown Current decline from peak	-1.24%	-20.38%	+19.14%
Average Drawdown Average peak-to-trough decline	-5.03%	-6.77%	+1.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.21%	13.42%	-11.21%

Volatility

WTV vs. BIZD - Volatility Comparison

The current volatility for WisdomTree U.S. Value Fund (WTV) is 3.37%, while VanEck BDC Income ETF (BIZD) has a volatility of 5.30%. This indicates that WTV 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.

Volatility by Period

	WTV	BIZD	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.37%	5.30%	-1.93%
Volatility (6M) Calculated over the trailing 6-month period	8.19%	15.18%	-6.99%
Volatility (1Y) Calculated over the trailing 1-year period	11.86%	18.47%	-6.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.07%	17.44%	-0.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.15%	21.77%	-1.62%

WTV vs. BIZD - Expense Ratio Comparison

WTV has a 0.12% expense ratio, which is lower than BIZD's 12.86% expense ratio.

Dividends

WTV vs. BIZD - Dividend Comparison

WTV's dividend yield for the trailing twelve months is around 1.93%, less than BIZD's 14.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BIZD VanEck BDC Income ETF	14.07%	11.78%	10.94%	10.96%	11.21%	8.14%	10.39%	9.13%	10.88%	9.13%	8.51%	9.12%
WTV WisdomTree U.S. Value Fund	1.93%	1.59%	1.54%	1.62%	2.08%	1.55%	1.63%	1.44%	1.94%	0.41%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WTV and BIZD in my portfolio?

WTV and BIZD have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WTV or BIZD?

BIZD has higher volatility (5.30%) compared to WTV (3.37%). In terms of maximum drawdown, WTV dropped -42.18% vs BIZD's -55.44%.

Which ETF is better, WTV or BIZD?

On 5-year performance, WTV leads with 13.30% vs 3.97% for BIZD. On fees, WTV is cheaper at 0.12% per year. On volatility, WTV has been the lower-risk option at 3.37%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WTV or BIZD?

Over the 5-year period, WTV has performed better with a 13.30% return vs 3.97%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WTV or BIZD?

WTV is cheaper with a 0.12% expense ratio, compared with 12.86% for BIZD.

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

BIZD has the higher dividend yield at 14.07%, compared with 1.93% for WTV.

What is the main difference between WTV and BIZD?

WTV is categorized as Mid Cap Value Equities, while BIZD is Financials Equities. They also come from different issuers: WisdomTree and VanEck. Their fees differ too: 0.12% for WTV and 12.86% for BIZD.

Which has better risk-adjusted returns?

WTV currently has the higher Sharpe Ratio (1.93 vs -0.75), 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.