VanEck BDC Competition
| BIZD Etf | USD 14.14 0.02 0.14% |
VanEck BDC vs IShares Core Correlation
Poor diversification
The correlation between VanEck BDC Income and AOM is 0.63 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding VanEck BDC Income and AOM in the same portfolio, assuming nothing else is changed.
Moving together with VanEck Etf
VanEck BDC Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between VanEck BDC and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of VanEck and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of VanEck BDC Income does not affect the price movement of the other competitor.
VanEck BDC Constituents Risk-Adjusted Indicators
There is a big difference between VanEck Etf performing well and VanEck BDC ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze VanEck BDC's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PXH | 0.55 | 0.14 | 0.17 | 0.35 | 0.33 | 1.44 | 3.02 | |||
| DGS | 0.50 | 0.11 | 0.13 | 0.27 | 0.42 | 1.06 | 2.33 | |||
| FTHI | 0.41 | 0.02 | (0.01) | 0.09 | 0.52 | 0.80 | 2.70 | |||
| RWJ | 0.90 | 0.09 | 0.10 | 0.12 | 0.84 | 2.07 | 5.47 | |||
| URNM | 2.42 | 0.40 | 0.14 | 0.33 | 2.58 | 5.06 | 13.10 | |||
| IDMO | 0.60 | 0.13 | 0.15 | 0.25 | 0.49 | 1.48 | 2.82 | |||
| BSVO | 0.85 | 0.16 | 0.17 | 0.19 | 0.67 | 2.26 | 5.46 | |||
| KBE | 0.88 | 0.12 | 0.11 | 0.17 | 0.94 | 2.74 | 7.08 | |||
| FRDM | 0.82 | 0.31 | 0.25 | 0.43 | 0.82 | 1.92 | 5.40 | |||
| AOM | 0.25 | 0.02 | (0.05) | 0.10 | 0.27 | 0.59 | 1.71 |
VanEck BDC Competitive Analysis
The better you understand VanEck BDC competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, VanEck BDC's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across VanEck BDC's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
VanEck BDC Competition Performance Charts
Five steps to successful analysis of VanEck BDC Competition
VanEck BDC's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by VanEck BDC Income in relation to its competition. VanEck BDC's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of VanEck BDC in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact VanEck BDC's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to VanEck BDC Income, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your VanEck BDC position
In addition to having VanEck BDC in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Small Growth Funds Thematic Idea Now
Small Growth Funds
Funds or Etfs that invest in stocks of small to mid-sized companies with above-average risk and growth rate that usually reinvest their earnings back into business. The Small Growth Funds theme has 44 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Small Growth Funds Theme or any other thematic opportunities.
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Check out VanEck BDC Correlation with its peers.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
The market value of VanEck BDC Income is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck BDC's value that differs from its market value or its book value, called intrinsic value, which is VanEck BDC's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because VanEck BDC's market value can be influenced by many factors that don't directly affect VanEck BDC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between VanEck BDC's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding VanEck BDC should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, VanEck BDC's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.