{
 "ticker": "BIZD",
 "name": "VanEck BDC Income ETF",
 "issuer": "VanEck",
 "desk": "core",
 "url": "https://etfiq.com/funds/bizd",
 "html": "https://etfiq.com/funds/bizd",
 "markdown": "https://etfiq.com/funds/bizd.md",
 "as_of": "2026-11-12",
 "verdict": "BIZD tracks an index and returned \u22121.9% over the past year.",
 "lead": "BIZD returned \u22121.9% over the year to Nov 12, 2026, charges 0.10% a year and holds $1.5bn in net assets on Nov 11, 2026.",
 "category": {
  "id": "stocks",
  "name": "Stocks",
  "label": "Stock ETFs",
  "url": "https://etfiq.com/stocks/",
  "group": {
   "id": "sector-stocks",
   "name": "Sector stocks"
  },
  "segment": {
   "id": "sector-financial",
   "name": "Financials",
   "url": "https://etfiq.com/stocks/financial/"
  },
  "status": "classified",
  "as_of": "2026-11-12",
  "method": "https://etfiq.com/methodology/categories"
 },
 "promise": {
  "badge": null,
  "label": "Not measured",
  "category": "stocks",
  "sentence": "no other ETF tracks the index it names, so its tracking cannot be measured",
  "figure": null,
  "unit": null,
  "from": null,
  "to": null,
  "url": "https://etfiq.com/promise-index/stocks/"
 },
 "key_facts": [
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "\u22121.9%",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "as_of": "2026-11-12",
   "sentence": "BIZD, total return, 1 year: \u22121.9%, as of Nov 12, 2026.",
   "cite": {
    "value": "\u22121.9%",
    "as_of": "2026-11-12",
    "source": "computed by ETFIQ from Tiingo daily prices",
    "url": "https://etfiq.com/funds/bizd#fact-total-return-1-year",
    "text": "BIZD, total return, 1 year: \u22121.9%, as of Nov 12, 2026."
   }
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.10%",
   "source": "485BPOS XBRL, Apr 29, 2026",
   "as_of": "2026-04-29",
   "sentence": "BIZD, expense ratio: 0.10%, as of Apr 29, 2026.",
   "cite": {
    "value": "0.10%",
    "as_of": "2026-04-29",
    "source": "485BPOS XBRL, Apr 29, 2026",
    "url": "https://etfiq.com/funds/bizd#fact-expense-ratio",
    "text": "BIZD, expense ratio: 0.10%, as of Apr 29, 2026."
   }
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "32",
   "source": "the issuer\u2019s daily holdings file",
   "as_of": "2026-11-11",
   "sentence": "BIZD, holdings: 32, as of Nov 11, 2026.",
   "cite": {
    "value": "32",
    "as_of": "2026-11-11",
    "source": "the issuer\u2019s daily holdings file",
    "url": "https://etfiq.com/funds/bizd#fact-holdings",
    "text": "BIZD, holdings: 32, as of Nov 11, 2026."
   }
  },
  {
   "key": "below_its_high",
   "label": "Below its high",
   "value": "\u221214.7%",
   "source": "ETFIQ",
   "as_of": "2026-11-12",
   "sentence": "BIZD, below its high: \u221214.7%, as of Nov 12, 2026.",
   "cite": {
    "value": "\u221214.7%",
    "as_of": "2026-11-12",
    "source": "ETFIQ",
    "url": "https://etfiq.com/funds/bizd#fact-below-its-high",
    "text": "BIZD, below its high: \u221214.7%, as of Nov 12, 2026."
   }
  },
  {
   "key": "12_month_yield_capital_gains_included_on_its_starting_price",
   "label": "12-month yield, capital gains included, on its starting price",
   "value": "10.9%",
   "source": "computed by ETFIQ from Tiingo daily prices and distributions",
   "as_of": "2026-11-12",
   "sentence": "BIZD, 12-month yield, capital gains included, on its starting price: 10.9%, as of Nov 12, 2026.",
   "cite": {
    "value": "10.9%",
    "as_of": "2026-11-12",
    "source": "computed by ETFIQ from Tiingo daily prices and distributions",
    "url": "https://etfiq.com/funds/bizd#fact-12-month-yield-capital-gains-included-on-its-starting-price",
    "text": "BIZD, 12-month yield, capital gains included, on its starting price: 10.9%, as of Nov 12, 2026."
   }
  },
  {
   "key": "last_payment",
   "label": "Last payment (paid quarterly), ex-date Oct 1, 2026",
   "value": "$0.4371",
   "source": "Tiingo end-of-day distributions",
   "as_of": "2026-10-01",
   "sentence": "BIZD, last payment (paid quarterly), ex-date Oct 1, 2026: $0.4371, as of Oct 1, 2026.",
   "cite": {
    "value": "$0.4371",
    "as_of": "2026-10-01",
    "source": "Tiingo end-of-day distributions",
    "url": "https://etfiq.com/funds/bizd#fact-last-payment",
    "text": "BIZD, last payment (paid quarterly), ex-date Oct 1, 2026: $0.4371, as of Oct 1, 2026."
   }
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$1.5bn",
   "source": "the issuer\u2019s daily holdings, added up, as of Nov 11, 2026",
   "as_of": "2026-11-11",
   "sentence": "BIZD, net assets: $1.5bn (the issuer\u2019s daily holdings, added up, as of Nov 11, 2026).",
   "cite": {
    "value": "$1.5bn",
    "as_of": "2026-11-11",
    "source": "the issuer\u2019s daily holdings, added up, as of Nov 11, 2026",
    "url": "https://etfiq.com/funds/bizd#fact-net-assets",
    "text": "BIZD, net assets: $1.5bn (the issuer\u2019s daily holdings, added up, as of Nov 11, 2026)."
   }
  }
 ],
 "fields": [
  {
   "key": "what_it_tracks",
   "label": "What it tracks",
   "value": "MVIS US Business Development Companies Index",
   "source": null
  },
  {
   "key": "fund_type",
   "label": "Fund type",
   "value": "Equity fund",
   "source": null
  },
  {
   "key": "category",
   "label": "Category",
   "value": "Stocks \u00b7 Financials",
   "source": "ETFIQ"
  },
  {
   "key": "region",
   "label": "Region",
   "value": "United States",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.10%",
   "source": "485BPOS XBRL, Apr 29, 2026"
  },
  {
   "key": "price",
   "label": "Price",
   "value": "$12.44",
   "source": null
  },
  {
   "key": "first_traded",
   "label": "First traded",
   "value": "Feb 12, 2013",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$1.5bn",
   "source": "the issuer\u2019s daily holdings, added up, as of Nov 11, 2026"
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "Its own holdings, as of Nov 11, 2026; its shareholder report compares it with the S&P 500 Index, but its daily returns fit VOO's at R-squared 0.163 over the year to Nov 12, 2026 (251 days), under the 0.35 it needs to return to it",
   "source": "ETFIQ, from its filings"
  },
  {
   "key": "stated_benchmark",
   "label": "Stated benchmark",
   "value": "S&P 500 Index (from its shareholder report), priced by VOO",
   "source": "secondary"
  },
  {
   "key": "bizd_1_year_to_nov_12_2026",
   "label": "BIZD, 1 year to Nov 12, 2026",
   "value": "\u22121.9%",
   "source": "secondary"
  },
  {
   "key": "voo_the_same_days",
   "label": "VOO, the same days",
   "value": "+12.1%",
   "source": "secondary"
  },
  {
   "key": "against_its_stated_benchmark_1_year",
   "label": "Against its stated benchmark, 1 year",
   "value": "\u221214.0 pts",
   "source": "secondary"
  },
  {
   "key": "daily_r_squared_against_voo_1_year_to_nov_12_2026",
   "label": "Daily R-squared against VOO, 1 year to Nov 12, 2026",
   "value": "0.16",
   "source": "secondary"
  },
  {
   "key": "below_its_high",
   "label": "Below its high",
   "value": "\u221214.7%",
   "source": "ETFIQ"
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "32",
   "source": null
  },
  {
   "key": "top_ten_weight",
   "label": "Top ten weight",
   "value": "45.1%",
   "source": null
  },
  {
   "key": "cash_not_in_the_top_ten",
   "label": "Cash, not in the top ten",
   "value": "38.4%",
   "source": null
  },
  {
   "key": "holdings_published_for",
   "label": "Holdings published for",
   "value": "Nov 11, 2026",
   "source": "the issuer\u2019s daily file"
  },
  {
   "key": "holdings_as_of_the_close_of",
   "label": "Holdings as of the close of",
   "value": "Nov 11, 2026",
   "source": "the issuer\u2019s daily file"
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "0.0%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "100.0%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "0.0%",
   "source": "ETFIQ"
  },
  {
   "key": "promise_check",
   "label": "Promise check",
   "value": "Not measured. No other ETF tracks the index it names, so its tracking cannot be measured.",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Total return": "+3.5%",
   "S&P 500 (SPY)": "\u22122.7%"
  },
  {
   "window": "3 months",
   "Total return": "\u22124.9%",
   "S&P 500 (SPY)": "\u22122.4%"
  },
  {
   "window": "6 months",
   "Total return": "+3.9%",
   "S&P 500 (SPY)": "+1.7%"
  },
  {
   "window": "Year to date",
   "Total return": "\u22123.8%",
   "S&P 500 (SPY)": "+11.9%"
  },
  {
   "window": "1 year",
   "Total return": "\u22121.9%",
   "S&P 500 (SPY)": "+12.0%"
  },
  {
   "window": "3 years",
   "Total return": "+11.9%",
   "S&P 500 (SPY)": "+78.3%"
  },
  {
   "window": "5 years",
   "Total return": "+22.5%",
   "S&P 500 (SPY)": "+73.3%"
  },
  {
   "window": "10 years",
   "Total return": "+101.1%",
   "S&P 500 (SPY)": "+309.6%"
  },
  {
   "window": "Since launch",
   "Total return": "+131.4%",
   "S&P 500 (SPY)": "+529.2%"
  },
  {
   "window": "Since launch, annualised",
   "Total return": "+6.3%",
   "S&P 500 (SPY)": "\u2013"
  }
 ],
 "questions": [
  {
   "q": "How has BIZD performed?",
   "a": "Over the year to Nov 12, 2026, BIZD returned \u22121.9% with distributions reinvested. Over three years the number is +11.9%."
  },
  {
   "q": "What does BIZD cost?",
   "a": "The prospectus expense ratio is 0.10% a year."
  },
  {
   "q": "What does BIZD hold?",
   "a": "32 positions as published by its issuer for Nov 11, 2026, with the top ten at 45.1% of the fund. 0% of its weight is in stocks the S&P 500 also holds."
  },
  {
   "q": "How far is BIZD below its high?",
   "a": "14.7% below its high of Feb 19, 2025, measured on the reinvested series to Nov 12, 2026."
  }
 ],
 "key_stats": [
  {
   "key": "high52",
   "label": "52-week high, daily closes to Nov 12, 2026",
   "value": "$15.05 on Dec 10, 2025",
   "as_of": "2025-12-10",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 15.05,
   "window": {
    "from": "2025-11-13",
    "to": "2026-11-12"
   }
  },
  {
   "key": "low52",
   "label": "52-week low, daily closes to Nov 12, 2026",
   "value": "$11.79 on Oct 21, 2026",
   "as_of": "2026-10-21",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 11.79,
   "window": {
    "from": "2025-11-13",
    "to": "2026-11-12"
   }
  },
  {
   "key": "inrange",
   "label": "Close on Nov 12, 2026, within that range",
   "value": "$12.44, 20% of the way from the low to the high",
   "as_of": "2026-11-12",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 12.44
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "32",
   "as_of": "2026-11-12",
   "source": null
  },
  {
   "key": "top10",
   "label": "Top ten weight",
   "value": "45.1%",
   "as_of": "2026-11-12",
   "source": null
  }
 ],
 "trading": {
  "as_of": "2026-11-11",
  "score": null,
  "tier": null,
  "status": "not-scored",
  "lines": [
   "Not scored.",
   "Premium to NAV at the Nov 11 close: +0.16%; 95% of days within \u00b10.16%."
  ],
  "page": "https://etfiq.com/funds/bizd/trading/"
 },
 "outside_us": [
  {
   "key": "statutory",
   "label": "US tax withheld on dividends, no treaty",
   "value": "30%",
   "date": "2026-10-30",
   "source": "https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf",
   "number": 30.0,
   "url": "https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf"
  },
  {
   "key": "treaty",
   "label": "Treaty rates on dividends (IRS table, read Oct 30, 2026)",
   "value": "65 countries, 10% to 30%",
   "date": "2026-10-30",
   "source": "https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf",
   "number": 65.0,
   "url": "https://www.irs.gov/individuals/international-taxpayers/tax-treaty-tables"
  },
  {
   "key": "qii",
   "label": "BIZD interest-related and short-term gain dividends",
   "value": "not read by ETFIQ"
  },
  {
   "key": "estate",
   "label": "US estate tax filing threshold, non-resident holders",
   "value": "$60,000",
   "date": "2026-10-30",
   "source": "https://www.irs.gov/instructions/i706na",
   "number": 60000.0,
   "url": "https://www.irs.gov/instructions/i706na"
  },
  {
   "key": "dist",
   "label": "Share class",
   "value": "Distributing",
   "source": "https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title26-section852&num=0&edition=prelim",
   "url": "https://etfiq.com/learn/non-us-holders"
  }
 ],
 "generated": "2026-11-13",
 "license": "https://etfiq.com/license/",
 "license_text": "Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.",
 "citation": "ETFIQ, BIZD, stock fund, data as of Nov 12, 2026. https://etfiq.com/funds/bizd"
}