VanEck BDC Income ETF (BIZD) IV/HV History
Comparing implied volatility to historical (realized) volatility reveals whether options are priced rich or cheap relative to actual price movement. Persistent gaps can signal trading opportunities.
VanEck BDC Income ETF (BIZD) operates in the Financial Services sector, specifically the Asset Management - Income industry, with a market capitalization near $1.59B, listed on AMEX, carrying a beta of 0.43 to the broader market. The VanEck BDC Income ETF (BIZDTM) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVISUS Business Development Companies Index (MVBDCTRG), which tracks the overall performance of publicly traded business development companies. public since 2013-02-12.
Snapshot as of May 15, 2026.
- Spot Price
- $12.61
- ATM IV
- 217.1%
- HV 20-Day
- 19.5%
- HV 60-Day
- 26.1%
- IV Rank
- 45.4%
- IV Percentile
- 96.8%
As of May 15, 2026, VanEck BDC Income ETF (BIZD) ATM implied volatility is 217.1%. 20-day realized volatility is 19.5%, producing an IV-HV spread of +197.6 vol points. Options are pricing in more volatility than the stock has recently delivered, the volatility risk premium. IV rank is 45.4%.
How BIZD iv/hv history Data Feeds Strategy Selection
Strategy selection on VanEck BDC Income ETF options does not derive from any single metric in isolation. The iv/hv history view above sits inside a broader read: ATM IV currently sits at 217.1% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the iv/hv history data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.
Learn how implied vs realized volatility is reported and how to read the data →
Frequently asked BIZD iv/hv history questions
- Is BIZD options pricing rich or cheap right now?
- As of May 15, 2026, VanEck BDC Income ETF (BIZD) ATM IV is 217.1% against 20-day realized volatility of 19.5%. IV rank is 45.4%. BIZD options are pricing in more volatility than the stock has recently realized: a positive variance risk premium worth 197.6 vol points.
- What is the BIZD variance risk premium?
- The variance risk premium is the persistent gap between implied and subsequently realized volatility. In equity markets it averages positive because option sellers demand compensation for bearing variance shocks. BIZD is currently priced consistently with this premium, which is one input to whether short-vol or long-vol structures carry their typical edge.
- What does BIZD IV rank mean for strategy selection?
- IV rank normalizes the current ATM IV to its 1-year range: 0% is the low, 100% is the high. BIZD's current rank of 45.4% signals where current pricing sits in its own 1-year history. High-rank regimes typically favor premium-selling structures (credit spreads, condors, covered calls); low-rank regimes typically favor premium-buying or long-volatility structures.