BIZD vs. VWI ETF Comparison

Comparison of Market Vectors BDC Income ETF (BIZD) to Trust For Advised Portfolios Arch Indices VOI Absolute Income Fund (VWI)

BIZD

Market Vectors BDC Income ETF

BIZD Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors® US Business Development Companies Index. The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The BDC Index is comprised of BDCs. BDCs are vehicles whose principal business is to invest in, lend capital to or provide services to privately-held companies or thinly traded U.S. public companies.

Grade (RS Rating)

Last Trade

$15.98

Average Daily Volume

610,890

Number of Holdings ^*

22

* may have additional holdings in another (foreign) market

VWI

Trust For Advised Portfolios Arch Indices VOI Absolute Income Fund

VWI Description

The fund is an exchange-traded fund ("ETF") that uses a "passive management" (or indexing) investment approach to track the performance, before fees and expenses, of the index. The fund primarily invests in securities comprising the index.

Grade (RS Rating)

Last Trade

$27.72

Average Daily Volume

573

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	BIZD	VWI
30 Days	0.00%	0.90%
60 Days	2.62%	2.32%
90 Days	-2.78%	4.83%
12 Months	10.44%

2 Overlapping Holdings

	Symbol	Grade	Weight in BIZD	Weight in VWI	Overlap
	ARCC	A	20.97%	3.85%	3.85%
	BXSL	D	8.46%	1.83%	1.83%

BIZD Overweight 20 Positions Relative to VWI

	Symbol	Grade	Weight
	FSK	A	9.3%
	MAIN	B	4.9%
	HTGC	C	4.72%
	GBDC	D	4.53%
	TSLX	D	3.87%
	PSEC	C	3.39%
	GSBD	D	3.03%
	CSWC	C	2.31%
	NMFC	F	2.14%
	BBDC	D	1.83%
	CGBD	C	1.78%
	PFLT	B	1.58%
	BCSF	C	1.52%
	TCPC	F	1.48%
	TRIN	F	1.38%
	CION	C	1.28%
	FDUS	C	1.27%
	SLRC	D	1.22%
	GAIN	A	0.96%
	TPVG	F	0.54%

BIZD Underweight 7 Positions Relative to VWI

	Symbol	Grade	Weight
	JAAA	C	-28.2%
	OBDC	D	-6.09%
	USHY	A	-3.15%
	PDI	A	-1.89%
	CME	A	-1.58%
	VCIT	A	-1.53%
	BND	A	-1.52%

BIZD: Top Represented Industries & Keywords

Industries: Asset Management Credit Services Specialty Finance

Keywords: Business Development Private Equity Mezzanine Capital Venture Capital Business Development Company Loan Credit Debt Refinancing Senior Debt Second Lien Loan Subordinated Debt Aerospace Beverage Chemical Entrepreneurship Golub Capital Healthcare Service Leveraged Buyout Venture Debt

VWI: Top Represented Industries & Keywords

Industries: Asset Management Financial Data & Stock Exchanges Internet Software & Services

Keywords: Exchange Traded Fund Bond ETF Bloomberg Barclays Us Aggregate Bond Index Bond Market Indices Business Development Company Corporate Bond Credit Fixed Income Loan Swaps U.S. Securities And Exchange Commission Allianz Global Investors Blackstone Blackstone Credit Bond Market Business Development CBOT CME Group Catastrophe Bond