Data as of Nov 12, 2026.
BIZD vs FNCL: Differences, Returns & Fees
Return, fees and overlap, side by side.
Pair scorecard
FNCL costs 0.02 points a year less; their one-year returns differ by 11.5 points.
| Measure | BIZD | FNCL |
|---|---|---|
| Return | ||
| Total return, 1 year | −1.9% | +9.6% |
| Drawdown | ||
| Below its high | 14.7%, high on Feb 19, 2025 | |
| Benchmark | ||
| What it tracks | MVIS US Business Development Companies Index | MSCI USA IMI Financials 25/50 Index |
| Cost and size | ||
| Expense ratio | 0.10% | 0.08% |
| Net assets, BIZD as of Nov 11, 2026 and FNCL as of Oct 31, 2026 | $1.5bn | $2.3bn |
| Holdings | ||
| Holdings in common | 0% | |
| Top ten holdings, share of the fund | 45.1% | 48.4% |
What they share
By the books each fund has filed, BIZD and FNCL hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 11, 2026.
half
0% in common
Only in one fund ↓
Side by side
BIZD and FNCL on the fields both publish, as of Nov 12, 2026. Source: ETFIQ.
BIZD
BIZD tracks an index. Over the year to Nov 12, 2026 it returned −1.9% with distributions reinvested. The prospectus expense ratio is 0.10% a year. By its holdings published by its issuer for Nov 11, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 32 positions, with the top ten at 45.1%. It sat 14.7% below its high of Feb 19, 2025 on Nov 12, 2026.
FNCL
FNCL tracks an index. Over the year to Nov 12, 2026 it returned +9.6% with distributions reinvested, against +9.6% for its benchmark, the MSCI USA IMI Financials 25/50 Index. The prospectus expense ratio is 0.08% a year. By its holdings filed for Jul 31, 2026, 82% of the fund by weight is stocks the S&P 500 also holds, across 383 positions, with the top ten at 48.4%.
Questions people ask
- Which returned more over the last year, BIZD or FNCL?
- In the year to Nov 12, 2026, with distributions reinvested, BIZD returned −1.9% and FNCL +9.6%.
- Which is cheaper, BIZD or FNCL?
- FNCL is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, BIZD against FNCL, data as of Nov 12, 2026. https://etfiq.com/compare/any/bizd-vs-fncl
ETFIQ. (Nov 12, 2026). BIZD against FNCL. Retrieved from https://etfiq.com/compare/any/bizd-vs-fncl
[BIZD against FNCL (ETFIQ, Nov 12, 2026)](https://etfiq.com/compare/any/bizd-vs-fncl)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.
Net assets: $1.5bn on Nov 11, 2026 for VanEck BDC Income ETF, and $2.3bn on Oct 31, 2026 for Fidelity MSCI Financials Index ETF.
BIZD and FNCL
Total return, distributions reinvested, 1 year.
BIZD −1.9%, FNCL +9.6%: FNCL +11.5 pts ahead, 1 year, Nov 12, 2025 to Nov 12, 2026.