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- Upturn Summary
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- Fund Details
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
09/16/2026: BIZD (1-star) has a low Upturn Star Rating. Not recommended to BUY.
VanEck BDC Income ETF (BIZD) provides diversified, liquid exposure to the Business Development Company sector, which focuses on providing financing to middle-market companies. Its primary strength lies in its scale and liquidity, making it the most practical vehicle for investors seeking exposure to private credit yields. The fund is best suited for income-oriented investors who can tolerate the sector-specific volatility and credit risks inherent in the underlying BDC loans. Investors should monitor macroeconomic interest rate trends and credit market conditions, as these are the primary catalysts for both fund distributions and share price performance. While BIZD is an efficient income tool, it is not a substitute for low-risk, diversified equity or bond funds.
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 | Weak fit | BIZD is primarily an income vehicle rather than a capital appreciation play. |
| Momentum investor | Mixed fit | Momentum can be present during credit market rallies, but it should be treated as conditional on a positive Upturn signal. |
| Value investor | Mixed fit | The fund can be a value play when BDC valuations are depressed relative to net asset value. |
| Dividend/Income investor | Strong fit | BIZD is specifically designed for income seekers who value high yield distributions. |
| Low-risk investor | Weak fit | The underlying credit risk and sector concentration make this unsuitable for risk-averse portfolios. |
Investor Profile
Ideal Investor Profile
Income-oriented investors, specifically those looking for exposure to private credit markets and high dividend yields.
Suitability
Primarily for long-term income-focused investors; not suited for those looking for low-volatility capital preservation.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | Medium / high | The BDC sector is sensitive to macroeconomic cycles and credit market fluctuations. |
| Market risk | Medium / high | Equity market downturns often impact the valuation of the underlying BDC holdings. |
| Concentration | High | The fund is entirely focused on a single industry, reducing diversification across other sectors. |
| Tracking/expense | Low | The passive structure ensures consistent tracking of the benchmark index. |
| Liquidity | Low | The ETF itself is liquid, though underlying assets can sometimes face liquidity crunches. |
| Business/sector quality | Medium / high | Credit quality of the underlying loans is the primary driver of long-term sustainability. |
Risk Analysis
Volatility
BIZD exhibits higher volatility than broad market indices due to the leverage employed by underlying BDCs and their sensitivity to credit cycles.
Market Risk
The primary risk is the default risk of the underlying middle-market loans and the economic health of the borrowers held by the BDCs.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Industry | Business Development Companies (Financials) | 99 | The fund offers broad access to the BDC sector, which typically generates high income through private lending activities. |
| Cash/collateral | Cash and Cash Equivalents | 1 | Small cash reserves are maintained to manage liquidity and facilitate fund operations. |
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 7.45% | Avg. Invested days 52 | Today’s Advisory WEAK BUY |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | ETF Returns Performance  2.0 |
| Profits based on simulation | Last Close 09/16/2026 |
ETF Fundamentals 
Source: EOD Historical Data • Updated Sep 17, 2026
Fund Basics
| Metric | Value |
|---|---|
| Fund Size (AUM) | $1.59B |
| Issuer | VanEck |
| Expense Ratio | 11.17% |
| Distribution Yield | 11.28% |
| Inception | Feb 11, 2013 |
Performance
| Period | Total Return |
|---|---|
| YTD | -2.11% |
| 1 Year | -4.76% |
| 3 Year | +4.60% |
| 5 Year | +5.44% |
| 10 Year | +7.58% |
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 | 32.37% |
| Micro Cap | 27.46% |
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 | 5.69x |
| Holdings Turnover | 28.0% |
Top Holdings
| Holding | Weight |
|---|---|
| Ares Capital | 13.76% |
| Owl Rock Capital | 5.52% |
| Main Street Capital | 5.28% |
| Blackstone Secured Lending Fund | 5.16% |
| Hercules Capital | 3.15% |
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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