Largest · Industry · ranked by net assets

The largest Business Development Company (BDC) ETFs

There are 4 US-listed business development company (BDC) ETFs, with $1.94B in combined net assets.

The largest is VanEck BDC Income ETF (BIZD) at $1.63B, followed by PBDC at $283.1M.

Expense ratios run from 0.85% to 11.77% a year (median 9.69%).

The 3 largest

The largest Business Development Company (BDC) ETFs
# Fund 30 daysNet assetsCostYieldYTD1 yr3 yr5 yr
1 BIZD VanEck BDC Income ETF $1.63B9.69%12.9%-6.5%-6.3%+5.0%+3.7%
2 PBDC Putnam BDC Income ETF $283.1M11.77%11.66%-9.8%-8.9%+5.9%—
3 BDCZ ETRACS MarketVector Business Development Companie… $20.6M0.85%12.08%-6.4%-6.2%+4.1%+3.3%

Returns are total returns with distributions reinvested (3 and 5 years annualized), as of Oct 27, 2026.

How the top 3 compare

    Growth of each fund’s value from the start of the range, distributions reinvested. The dashed gray line is the S&P 500 (SPY).

    All 4 Business Development Company (BDC) ETFs

    Largest first. Click a heading to sort.

    All Business Development Company (BDC) ETFs
    Fund IssuerNet assetsCostYieldYTD1 yr5 yr
    BIZD VanEck BDC Income ETF VanEck$1.63B9.69%12.9%-6.5%-6.3%+3.7%
    PBDC Putnam BDC Income ETF Franklin Templeton$283.1M11.77%11.66%-9.8%-8.9%—
    BDCZ ETRACS MarketVector Business Development Companie… UBS$20.6M0.85%12.08%-6.4%-6.2%+3.3%
    BDCX ETRACS Quarterly Pay 1.5x Leveraged MarketVector … Leveraged UBS——21.24%-11.1%-11.2%+0.5%

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