Data as of Nov 12, 2026.
BIZD vs KBWB: Differences, Returns & Fees
Return, fees and overlap, side by side.
Pair scorecard
BIZD costs 0.25 points a year less; their one-year returns differ by 17.5 points; KBWB is 4.5 times larger.
| Measure | BIZD | KBWB |
|---|---|---|
| Return | ||
| Total return, 1 year | −1.9% | +15.6% |
| Drawdown | ||
| Below its high | 14.7%, high on Feb 19, 2025 | 9.6%, high on Aug 14, 2026 |
| Benchmark | ||
| What it tracks | MVIS US Business Development Companies Index | KBW Nasdaq Bank Index |
| Cost and size | ||
| Expense ratio | 0.10% | 0.35% |
| Net assets, as of Nov 11, 2026 | $1.5bn | $6.8bn |
| Holdings | ||
| Holdings in common | 0% | |
| Top ten holdings, share of the fund | 45.1% | 59.5% |
What they share
By the books each fund has filed, BIZD and KBWB hold 0% of their money in the same securities at the same weight. Holdings dated Nov 11, 2026.
half
0% in common
Only in one fund ↓
Side by side
BIZD and KBWB on the fields both publish, as of Nov 12, 2026. Source: ETFIQ.
Client brief:
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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.
KBWB
KBWB tracks an index. Over the year to Nov 12, 2026 it returned +15.6% with distributions reinvested, against +12.1% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.35% a year. By its holdings published by its issuer for Nov 11, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 28 positions, with the top ten at 59.5%. It sat 9.6% below its high of Aug 14, 2026 on Nov 12, 2026.
Questions people ask
- Which returned more over the last year, BIZD or KBWB?
- In the year to Nov 12, 2026, with distributions reinvested, BIZD returned −1.9% and KBWB +15.6%.
- Which is cheaper, BIZD or KBWB?
- BIZD is cheaper, by 0.25 percentage points a year. That is about $25 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 KBWB, data as of Nov 12, 2026. https://etfiq.com/compare/any/bizd-vs-kbwb
ETFIQ. (Nov 12, 2026). BIZD against KBWB. Retrieved from https://etfiq.com/compare/any/bizd-vs-kbwb
[BIZD against KBWB (ETFIQ, Nov 12, 2026)](https://etfiq.com/compare/any/bizd-vs-kbwb)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.
Net assets on Nov 11, 2026: $1.5bn for VanEck BDC Income ETF and $6.8bn for Invesco KBW Bank ETF.
BIZD and KBWB
Total return, distributions reinvested, 1 year.
BIZD −1.9%, KBWB +15.6%: KBWB +17.5 pts ahead, 1 year, Nov 12, 2025 to Nov 12, 2026.