Which returned more over the last year, BIZD or IYF?

In the year to Nov 12, 2026, with distributions reinvested, BIZD returned −1.9% and IYF +8.5%.

Which is cheaper, BIZD or IYF?

BIZD is cheaper, by 0.27 percentage points a year. That is about $27 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do BIZD and IYF overlap with the S&P 500?

By their latest filed holdings, 0% of BIZD and 89% of IYF by weight is stocks the S&P 500 already holds.

Data as of Nov 12, 2026.

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BIZD vs IYF: Differences, Returns & Fees

Return, fees and overlap, side by side.

Return gap

+10.4 pts

1 year to Nov 12, 2026: IYF ahead, total return

Fee gap

0.27 pts

A year: BIZD 0.10%, IYF 0.37%, per filings dated Apr 29, 2026 and Aug 21, 2026

Overlap

Share of the two books held in common, holdings dated Nov 11, 2026

Net flow

–

Needs daily flows for both funds

Pair scorecard

BIZD costs 0.27 points a year less; their one-year returns differ by 10.4 points; IYF is 2.7 times larger.

BIZD vs IYF: Differences, Returns & Fees
Measure	BIZD	IYF
Return
Measure	BIZD	IYF
Total return, 1 year	−1.9%	+8.5%
Drawdown
Measure	BIZD	IYF
Below its high	14.7%, high on Feb 19, 2025
Benchmark
Measure	BIZD	IYF
What it tracks	MVIS US Business Development Companies Index	Russell 1000 Financials 40 Act 15/22
Cost and size
Measure	BIZD	IYF
Expense ratio	0.10%	0.37%
Net assets, as of Nov 11, 2026	$1.5bn	$4.0bn
Holdings
Measure	BIZD	IYF
Holdings in common	0%
Top ten holdings, share of the fund	45.1%	48.3%

Method

Key numbers

−1.9%

BIZD total return, 1 year

+8.5%

IYF total return, 1 year

0.10%

BIZD expense ratio

0.37%

IYF expense ratio

What they share

By the books each fund has filed, BIZD and IYF hold 0% of their money in the same securities at the same weight. Holdings dated Nov 11, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first BIZD IYF

Only in one fund ↓

Only in BIZD

Ares Capital Corp 14.08%

Blue Owl Capital Corp 5.60%

Main Street Capital Corp 5.40%

Blackstone Secured Lending Fund 5.08%

Golub Capital BDC Inc 2.89%

Fs Kkr Capital Corp 2.88%

Hercules Capital Inc 2.65%

Blue Owl Technology Finance Corp 2.55%

Only in IYF

BERKSHIRE HATHAWAY INC CLASS B 12.94%

JPMORGAN CHASE & CO 10.84%

WELLS FARGO & COMPANY 3.69%

BANK OF AMERICA 3.61%

GOLDMAN SACHS GROUP 3.58%

MORGAN STANLEY 3.23%

CITIGROUP 3.15%

BLACKROCK 2.83%

Check overlap with more funds →

Side by side

BIZD VanEck BDC Income ETF IYF iShares U.S. Financials ETF

Where it sits Stock ETF Stock ETF

Issuer VanEck iShares

What it is Tracks an index Tracks an index

Total return, 1 year −1.9% +8.5%

Its benchmark over the same days not measured +11.7% (IWB)

Gap to its benchmark not measured −3.2 pts vs IWB

Expense ratio 0.10% 0.37%

Already in the S&P 500 0.0% 89.1%

Holdings 32 145

Net assets, BIZD as of Nov 11, 2026 and IYF as of Nov 12, 2026 $1.5bn $3.9bn

BIZD and IYF on the fields both publish, as of Nov 12, 2026. Source: ETFIQ.

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About each fund

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.

IYF

IYF tracks an index. Over the year to Nov 12, 2026 it returned +8.5% with distributions reinvested, against +11.7% for its benchmark, the Russell 1000 Index. The prospectus expense ratio is 0.37% a year. By its holdings published by its issuer for Nov 11, 2026, 89% of the fund by weight is stocks the S&P 500 also holds, across 145 positions, with the top ten at 48.3%.

Questions people ask

Which returned more over the last year, BIZD or IYF?: In the year to Nov 12, 2026, with distributions reinvested, BIZD returned −1.9% and IYF +8.5%.
Which is cheaper, BIZD or IYF?: BIZD is cheaper, by 0.27 percentage points a year. That is about $27 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do BIZD and IYF overlap with the S&P 500?: By their latest filed holdings, 0% of BIZD and 89% of IYF by weight is stocks the S&P 500 already holds.

Other comparisons

BIZD vs XLF BIZD vs KRE BIZD vs FNCL BIZD vs KBWB IYF vs KBE IYF vs IYG IYF vs KBWB IYF vs VFH

Where to next

BIZD on its own →IYF on its own →Hold both: look the portfolio through →Rankings →BIZD dividend history →BIZD holdings →IYF dividend history →IYF holdings →Standards and sources →

Sources and dates

BIZD filings on SEC EDGAR ↗

BIZD prospectus with the expense ratio (SEC) ↗

VanEck website ↗

IYF filings on SEC EDGAR ↗

IYF prospectus with the expense ratio (SEC) ↗

iShares page for IYF ↗

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.

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ETFIQ, BIZD against IYF, data as of Nov 12, 2026. https://etfiq.com/compare/any/bizd-vs-iyf

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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 $3.9bn on Nov 12, 2026 for iShares U.S. Financials ETF.

BIZD on its own →IYF on its own →

Growth of 100

BIZD and IYF

Total return, distributions reinvested, 1 year.

BIZD −1.9%IYF +8.5%

Nov 12, 2025Nov 12, 2026

BIZD −1.9%, IYF +8.5%: IYF +10.4 pts ahead, 1 year, Nov 12, 2025 to Nov 12, 2026.