BAFE vs BIZD

Comparison between BROWN ADVISORY FLEXIBLE EQUITY ETF (BAFE, ETF) and VANECK BDC INCOME ETF (BIZD, ETF).

BAFE vs BIZD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BAFE(ETF)	BIZD(ETF)
Net Assets	$1.60B	$1.60B
Expense Ratio	0.54%	9.69%
Max Drawdown	18.37%	64.58%
Sharpe Ratio	0.88	-0.72
5Y Beta	0.95	0.67
P/E Ratio	25.95	16.38
Forward P/E	21.41	9.66
PEG Ratio	0.78	N/A
5Y Dividends CAGR	N/A	3.68%
5Y EPS CAGR	25.00%	N/A
P/S Ratio	2.29	3.82
P/B Ratio	4.56	0.88

Net Assets

BAFE

$1.60B

BIZD

$1.60B

Expense Ratio

Winner

BAFE

0.54%

BIZD

9.69%

Max Drawdown

Winner

BAFE

18.37%

BIZD

64.58%

Sharpe Ratio

Winner

BAFE

0.88

BIZD

-0.72

5Y Beta

BAFE

0.95

Winner

BIZD

0.67

P/E Ratio

BAFE

25.95

Winner

BIZD

16.38

Forward P/E

BAFE

21.41

Winner

BIZD

9.66

PEG Ratio

BAFE

0.78

BIZD

N/A

5Y Dividends CAGR

BAFE

N/A

BIZD

3.68%

5Y EPS CAGR

BAFE

25.00%

BIZD

N/A

P/S Ratio

Winner

BAFE

2.29

BIZD

3.82

P/B Ratio

BAFE

4.56

Winner

BIZD

0.88

BAFE vs BIZD - Holdings Comparison

BAFE and BIZD have 1 common holdings. Overlap is -36.11%

BAFE's top 25 holdings weight is 76.16%. BIZD's top 25 holdings weight is 97.36%.

Rank	BAFE	BIZD
#1	TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD ADR (TSM) - 6.32%	SLK5W2NE TRS USD R E MVBDCTRG (n/a) - 35.83%
#2	MICROSOFT CORP (MSFT) - 5.58%	ARES CAPITAL CORP (ARCC) - 14.64%
#3	AMAZON.COM INC (AMZN) - 4.96%	BLUE OWL CAPITAL CORP ORDINARY SHARES (OBDC) - 8.53%
#4	ALPHABET INC CLASS A (GOOGL) - 4.53%	MAIN STREET CAPITAL CORP (MAIN) - 7.02%
#5	ALPHABET INC CLASS C (GOOG) - 4.31%	GOLUB CAPITAL BDC INC (GBDC) - 3.19%
#6	META PLATFORMS INC CLASS A (META) - 4.04%	FS KKR CAPITAL CORP (FSK) - 3.05%
#7	VISA INC CLASS A (V) - 3.96%	HERCULES CAPITAL INC (HTGC) - 2.98%
#8	MASTERCARD INC CLASS A (MA) - 3.45%	BLACKSTONE SECURED LENDING FUND ORDINARY SHARES (BXSL) - 2.90%
#9	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 3.28%	BLUE OWL TECHNOLOGY FINANCE CORP (OTF) - 2.58%
#10	KKR & CO INC ORDINARY SHARES (KKR) - 3.10%	SIXTH STREET SPECIALTY LENDING INC (TSLX) - 1.77%
#11	UNITEDHEALTH GROUP INC (UNH) - 3.00%	TRINITY CAPITAL INC ORDINARY SHARES (TRIN) - 1.53%
#12	NVIDIA CORP (NVDA) - 2.78%	CAPITAL SOUTHWEST CORP (CSWC) - 1.51%
#13	UNITED RENTALS INC (URI) - 2.64%	MORGAN STANLEY DIRECT LENDING (MSDL) - 1.17%
#14	SUNCOR ENERGY INC (SU) - 2.43%	OAKTREE SPECIALTY LENDING CORP BDC (OCSL) - 1.13%
#15	KLA CORP (KLAC) - 2.36%	MIDCAP FINANCIAL INVESTMENT CORP (MFIC) - 1.07%
#16	ANALOG DEVICES INC (ADI) - 2.14%	US DOLLAR (n/a) - 1.07%
#17	ELEVANCE HEALTH INC (ELV) - 2.03%	GOLDMAN SACHS BDC INC (GSBD) - 1.02%
#18	EDWARDS LIFESCIENCES CORP (EW) - 2.01%	PROSPECT CAPITAL CORP (PSEC) - 0.89%
#19	AMER SPORTS INC (AS) - 2.00%	PENNANTPARK FLOATING RATE CAPITAL LTD (PFLT) - 0.88%
#20	CASH (n/a) - 1.97%	BARINGS BDC INC (BBDC) - 0.85%
#21	CHARLES SCHWAB CORP (SCHW) - 1.96%	NEW MOUNTAIN FINANCE CORP (NMFC) - 0.79%
#22	MARVELL TECHNOLOGY INC (MRVL) - 1.90%	CARLYLE SECURED LENDING INC (CGBD) - 0.78%
#23	APPLE INC (AAPL) - 1.83%	FIDUS INVESTMENT CORP (FDUS) - 0.78%
#24	CARRIER GLOBAL CORP ORDINARY SHARES (CARR) - 1.82%	BAIN CAPITAL SPECIALTY FINANCE INC (BCSF) - 0.71%
#25	BOOKING HOLDINGS INC (BKNG) - 1.76%	GLADSTONE INVESTMENT CORP (GAIN) - 0.69%
Total Holdings	45	37

BAFE vs BIZD - Historical Returns

Returns include dividend reinvestment.

Period	BAFE	BIZD
1 month	+1.91%	-3.69%
3 months	+8.21%	+3.17%
6 months	+7.75%	-5.98%
1 year	+14.97%	-9.63%
5 years(CAGR)	N/A	+4.86%
10 years(CAGR)	N/A	+8.15%
Max(CAGR)	+9.77%	+6.31%

Winner

BAFE

+1.91%

BIZD

-3.69%

Winner

BAFE

+8.21%

BIZD

+3.17%

Winner

BAFE

+7.75%

BIZD

-5.98%

Winner

BAFE

+14.97%

BIZD

-9.63%

5Y(CAGR)

BAFE

N/A

BIZD

+4.86%

10Y(CAGR)

BAFE

N/A

BIZD

+8.15%

Max(CAGR)

Winner

BAFE

+9.77%

BIZD

+6.31%

BAFE vs BIZD - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	BAFE	BIZD
2026	+5.38%	-6.67%
2025	+9.82%	-5.80%
2024	-0.51%	+15.41%
2023	N/A	+25.81%
2022	N/A	-9.15%
2021	N/A	+37.46%
2020	N/A	-6.95%
2019	N/A	+27.07%
2018	N/A	-7.57%
2017	N/A	-0.45%
2016	N/A	+23.91%
2015	N/A	-5.28%
2014	N/A	-6.58%
2013	N/A	+9.98%

BAFE vs BIZD Drawdown Comparison

The maximum drawdown for BAFE was -18.37%, occurring on Apr 8, 2025. Recovery took 106 trading sessions.

The maximum drawdown for BIZD was -55.44%, occurring on Mar 23, 2020. Recovery took 249 trading sessions.

The current BIZD drawdown is -16.74%.

Rank	BAFE	BIZD
#1	-18.37% Jan 30, 2025 - Jul 3, 2025	-55.44% Feb 20, 2020 - Feb 16, 2021
#2	-12.73% Jan 9, 2026 - Apr 27, 2026	-25.29% Feb 24, 2014 - Aug 12, 2016
#3	-6.15% Oct 27, 2025 - Dec 11, 2025	-22.97% Apr 20, 2022 - Jul 18, 2023
#4	-4.39% Dec 4, 2024 - Jan 23, 2025	-22.56% Feb 19, 2025 - Mar 27, 2026
#5	-3.88% Sep 19, 2025 - Oct 27, 2025	-16.73% Aug 30, 2018 - Feb 22, 2019
#6	-3.77% Jul 25, 2025 - Aug 28, 2025	-12.47% May 2, 2017 - Aug 3, 2018
#7	-2.38% Dec 11, 2025 - Dec 24, 2025	-8.77% Jul 11, 2024 - Oct 18, 2024
#8	-1.72% Jul 3, 2025 - Jul 24, 2025	-7.38% Mar 14, 2013 - Apr 30, 2013
#9	-1.69% May 6, 2026 - May 27, 2026	-7.27% Apr 30, 2013 - Jul 18, 2013
#10	-1.11% Aug 28, 2025 - Sep 4, 2025	-6.27% Aug 30, 2016 - Nov 25, 2016
#11	-0.99% Dec 26, 2025 - Jan 5, 2026	-6.22% Sep 28, 2023 - Nov 14, 2023
#12	-0.62% Jan 6, 2026 - Jan 9, 2026	-6.19% Apr 29, 2021 - May 27, 2021
#13	-0.56% Apr 27, 2026 - Apr 30, 2026	-5.92% Jan 12, 2022 - Feb 8, 2022
#14	-0.55% Sep 9, 2025 - Sep 11, 2025	-5.45% Jul 23, 2013 - Sep 18, 2013
#15	-0.51% May 1, 2026 - May 6, 2026	-5.36% Nov 8, 2021 - Jan 4, 2022

Correlation

Correlation between BAFE and BIZD is -0.43 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.43

-101

Dividend Comparison (2013 - 2026)

BAFE vs BIZD dividend yield comparison.

Year	BAFE	BIZD
2026	0.00%	3.76%
2025	0.30%	11.78%
2024	0.06%	10.94%
2023	0.00%	10.96%
2022	0.00%	11.21%
2021	0.00%	8.14%
2020	0.00%	10.39%
2019	0.00%	9.13%
2018	0.00%	10.88%
2017	0.00%	9.13%
2016	0.00%	8.51%
2015	0.00%	9.12%
2014	0.00%	8.51%
2013	0.00%	5.45%