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Upturn AI Summary
VanEck BDC Income ETF(BIZD)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for BIZD
10/01/2026: BIZD (1-star) is a SELL. SELL for 1 day. Simulated Profits (-3.11%). Updated daily EoD!
The VanEck BDC Income ETF (BIZD) provides convenient, liquid access to a basket of publicly traded Business Development Companies (BDCs) that primarily focus on lending to middle-market U.S. firms. It is the most prominent and liquid ETF in this sector, making it the preferred choice for investors seeking exposure to the high dividend yields associated with private credit. The fund is best suited for income-oriented investors who understand that the underlying assets are exposed to credit, market, and interest-rate risks. While it offers efficient diversification compared to buying individual BDCs, investors should carefully monitor economic indicators and default rates, as the fund is highly sensitive to the overall health of the middle-market corporate environment.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | While BDCs can appreciate, this fund is structured primarily for yield rather than capital appreciation. |
| Momentum investor | Mixed fit | Momentum investors may find opportunities during sector rallies, but the fund's performance is often tied to macro credit conditions rather than price momentum. |
| Value investor | Mixed fit | Value investors should analyze the underlying Net Asset Value (NAV) of the BDCs, which trade at varying discounts or premiums. |
| Dividend/Income investor | Strong fit | This is an excellent vehicle for income seekers looking for high-yield exposure to private credit markets. |
| Low-risk investor | Weak fit | The underlying assets (leveraged private debt) involve high sensitivity to credit defaults and economic cycles, making this unsuitable for conservative portfolios. |
Investor Profile
Ideal Investor Profile
The ideal investor is an income-focused participant who understands the credit risks associated with middle-market lending and seeks a liquid, high-yield product.
Suitability
Best for long-term income investors who can tolerate sector-specific volatility and the nuances of private credit markets.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | Medium / high | The BDC sector is sensitive to market sentiment regarding credit health and economic growth. |
| Market risk | Medium / high | Broader economic downturns can significantly impact the value of the underlying middle-market loans. |
| Concentration | High | The fund is entirely concentrated in the BDC industry, providing no diversification into other sectors. |
| Tracking/expense | Low | The fund tracks its index efficiently, though total cost of ownership includes acquired fund fees. |
| Liquidity | Medium | While the ETF is liquid, the underlying BDCs can occasionally experience liquidity constraints during market stress. |
| Business/sector quality | Medium / high | The quality of the portfolio depends on the underwriting discipline of the BDCs held within the index. |
Risk Analysis
Volatility
BIZD displays volatility consistent with high-yield financial equities, typically moving in tandem with credit market spreads.
Market Risk
Primary risks include systemic credit risk in the middle-market corporate sector and sensitivity to shifts in the interest rate environment.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Industry | Business Development Companies (BDCs) | 99.5 | This provides broad exposure to a diversified basket of BDCs, which act as lenders to small- and mid-market private companies. |
| Cash/collateral | Cash and Cash Equivalents | 0.5 | Minor cash holdings are maintained for operational liquidity and trade settlement. |
Price Behavior
Flat / Range-Bound
The stock price has been trading within a narrow range with minimal directional movement.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type ETF | Historic Profit -2.41% | Avg. Invested days 51 | Today’s Advisory SELL |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/01/2026 |
ETF Fundamentals 
Source: EOD Historical Data • Updated Oct 1, 2026
Fund Basics
| Metric | Value |
|---|---|
| Fund Size (AUM) | $1.55B |
| Issuer | VanEck |
| Expense Ratio | 11.17% |
| Distribution Yield | 11.28% |
| Inception | Feb 11, 2013 |
Performance
| Period | Total Return |
|---|---|
| YTD | -3.53% |
| 1 Year | -3.96% |
| 3 Year | +3.98% |
| 5 Year | +5.05% |
| 10 Year | +7.27% |
Risk Metrics
| Metric | Value |
|---|---|
| 1Y Volatility | 17.85% |
| 3Y Volatility | 13.7% |
| 3Y Sharpe Ratio | 0.17 |
Ratings
| Metric | Value |
|---|---|
| Morningstar Rating | ★★★★★ |
| Benchmark | MSCI ACWI NR USD |
Market Cap Distribution
| Cap Size | Weight |
|---|---|
| Small Cap | 31.96% |
| Micro Cap | 27.32% |
Top Sectors
| Sector | Weight |
|---|---|
| Financial Services | 100.00% |
| Basic Materials | 0.00% |
| Consumer Cyclicals | 0.00% |
| Real Estate | 0.00% |
Asset Allocation
Portfolio Characteristics
| Metric | Value |
|---|---|
| Portfolio P/E | 9.51x |
| Portfolio P/B | 0.97x |
| Portfolio P/S | 5.66x |
| Holdings Turnover | 28.0% |
Top Holdings
| Holding | Weight |
|---|---|
| Ares Capital | 13.66% |
| Owl Rock Capital | 5.34% |
| Main Street Capital | 5.18% |
| Blackstone Secured Lending Fund | 5.09% |
| Golub Capital BDC | 2.80% |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
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