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Upturn AI SWOT - About
VanEck BDC Income ETF (BIZD)
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Upturn Advisory Summary
07/03/2025: BIZD (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit 26.35% | Avg. Invested days 51 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  4.0 | ETF Returns Performance  4.0 |
| Profits based on simulation | Last Close 07/03/2025 |
Key Highlights
Volume (30-day avg) - | Beta 0.85 | 52 Weeks Range 13.50 - 17.40 | Updated Date 06/29/2025 |
52 Weeks Range 13.50 - 17.40 | Updated Date 06/29/2025 |
Upturn AI SWOT
VanEck BDC Income ETF
ETF Overview
Overview
The VanEck BDC Income ETF (BIZD) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS US Business Development Companies Index. It invests in publicly traded business development companies (BDCs), aiming to provide exposure to high-yielding debt and equity investments in small- and medium-sized private companies.
Reputation and Reliability
VanEck is a well-established ETF provider with a long history of offering specialized investment products.
Management Expertise
VanEck has a dedicated team with experience in managing income-oriented and alternative investment strategies.
Investment Objective
Goal
To replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS US Business Development Companies Index.
Investment Approach and Strategy
Strategy: The ETF aims to track the MVIS US Business Development Companies Index, which is designed to track the overall performance of publicly traded business development companies (BDCs).
Composition The ETF holds a portfolio of stocks of publicly traded business development companies (BDCs).
Market Position
Market Share: The fund's market share within the BDC ETF category is relatively high, reflecting its established presence and investor demand.
Total Net Assets (AUM): 447476304
Competitors
Key Competitors
- Invesco Senior Loan ETF (BKLN)
- BlackRock TCP Capital Corp. (TCPC)
- Ares Capital Corporation (ARCC)
Competitive Landscape
The competitive landscape involves ETFs focusing on high yield and direct lending, but BIZD stands out due to its specific focus on BDCs. It competes with other income-generating ETFs and individual BDC stocks. BIZD provides a diversified approach to BDC investing, which is an advantage; however, its concentration in BDCs could be a disadvantage compared to more diversified high-yield ETFs.
Financial Performance
Historical Performance: Historical performance varies depending on market conditions and the performance of underlying BDCs. Past performance doesn't guarantee future results.
Benchmark Comparison: The ETF's performance is typically compared to the MVIS US Business Development Companies Index. Deviations may occur due to tracking error and ETF expenses.
Expense Ratio: 0.12
Liquidity
Average Trading Volume
The average daily trading volume of BIZD is moderate, which could slightly affect order execution, especially for large trades.
Bid-Ask Spread
The bid-ask spread for BIZD is typically moderate, implying relatively low transaction costs for most investors.
Market Dynamics
Market Environment Factors
Economic conditions, interest rate changes, and regulatory changes affecting BDCs influence the performance of BIZD. Rising interest rates can positively impact BDCs' net interest margins, while economic downturns may increase credit risks.
Growth Trajectory
The growth trajectory depends on the growth of the BDC sector and the ETF's ability to attract assets. Changes in holdings reflect adjustments to the underlying index.
Moat and Competitive Advantages
Competitive Edge
BIZD offers investors a convenient way to access a diversified portfolio of BDCs, providing exposure to privately held companies and potentially high yields. This provides diversification which is difficult to achieve by investing in individual BDCs. VanEck's expertise in managing sector-specific ETFs gives it a competitive edge. The low expense ratio compared to actively managed BDCs also is an advantage for investors.
Risk Analysis
Volatility
BIZD's volatility can be influenced by the volatility of the BDC sector, economic cycles, and interest rate sensitivity.
Market Risk
The ETF is exposed to market risk, credit risk associated with BDCs' investments, and interest rate risk as BDCs often lend at variable rates.
Investor Profile
Ideal Investor Profile
The ideal investor is someone seeking high income, diversification in alternative credit assets, and is comfortable with the risks associated with BDCs.
Market Risk
BIZD is best suited for long-term investors seeking income and diversification, and who understand the risks associated with BDCs. It is not suitable for extremely risk-averse investors.
Summary
The VanEck BDC Income ETF (BIZD) provides exposure to a diversified portfolio of publicly traded Business Development Companies (BDCs). It aims to replicate the MVIS US Business Development Companies Index and offers relatively high yield. Key risks include market volatility, credit risk, and interest rate sensitivity. It is suitable for income-seeking investors who understand the BDC landscape and seek diversification within alternative credit assets.
Peer Comparison
Sources and Disclaimers
Data Sources:
- VanEck website
- ETF.com
- Morningstar
- Company Filings
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor.
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.
About VanEck BDC Income ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund normally invests at least 80% of its total assets in securities that comprise the fund"s benchmark index and/or in investments or instruments that have investment exposure to securities that comprise its benchmark index. The BDC index is comprised of BDCs.
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