BIZD vs SCHD
VanEck BDC Income ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 104 holdings.
Side-by-Side Comparison
| Metric | BIZD | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 9.69% | 0.06% | |
| AUM | $1.6B | $108.7B | |
| Dividend Yield | 12.25% | 3.13% | |
| Holdings | 34 | 104 | |
| YTD Return | -1.29% | +28.70% | |
| 1Y Return | -6.15% | +32.27% | |
| 3Y Return (annualized) | +6.47% | +17.27% | |
| 5Y Return (annualized) | +5.94% | +10.23% | |
| Volatility (annualized) | 19.9% | 13.7% | |
| Max Drawdown | -64.6% | -33.4% | |
| Fund Family | VanEck | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Feb 11, 2013 | Oct 20, 2011 |
BIZD vs SCHD Performance
VanEck BDC Income ETF (BIZD) is a ETF from VanEck and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year BIZD returned -6.15% while SCHD returned +32.27%. Year to date, BIZD is down 1.29% versus a gain of 28.70% for SCHD.
Over three years, BIZD compounded at +6.47% per year against +17.27% for SCHD; over five years the annualized figures are +5.94% and +10.23% respectively. Across the full 14-year window we track, SCHD has the edge at +11.63% annualized vs +1.20%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BIZD has been the more volatile fund, with annualized monthly volatility of 19.9% compared with 13.7% for SCHD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -64.6% for BIZD and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.65. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BIZD charges 9.69% per year while SCHD charges 0.06%. On a $10,000 position that is $969 vs $6 annually, a gap of $963 per year that compounds over a long holding period. On income, BIZD currently yields 12.25% against 3.13% for SCHD.
Holdings Overlap
BIZD and SCHD share 0 holdings out of 130 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, BIZD or SCHD?
BIZD has an expense ratio of 9.69% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $963 per year of difference.
Which performed better, BIZD or SCHD?
Over the past year BIZD returned -6.15% vs +32.27% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (14 years), BIZD annualized +1.20% vs +11.63% for SCHD. Past performance does not guarantee future results.
Which is riskier, BIZD or SCHD?
BIZD has been the more volatile fund at 19.9% annualized versus 13.7% for SCHD. Worst drawdown: BIZD -64.6% vs SCHD -33.4%.
Should I hold both BIZD and SCHD?
BIZD and SCHD have a monthly-return correlation of 0.65, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BIZD and SCHD?
BIZD and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 130 unique securities.
Which pays a higher dividend, BIZD or SCHD?
BIZD yields 12.25% while SCHD yields 3.13%, so BIZD currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.