Is EXETF or GBDC a better dividend investment in 2026?

EXETF currently yields 1.93% with a 5% 5-year dividend growth rate. GBDC yields 11.85% with 5% growth. The better choice depends on your goal: GBDC offers higher current income.

What is the dividend yield difference between EXETF and GBDC?

EXETF has a forward dividend yield of 1.93% ($0.36/share annually). GBDC yields 11.85% ($1.50/share annually). The yield gap is 9.92 percentage points.

Home › Compare › EXETF vs GBDC

EXETF vs GBDC: Dividend Comparison 2026

EXETF yields 1.93% · GBDC yields 11.85%● Live data

vsPost on X →

After 10 years · $10,000 invested · DRIP enabled

🏆 GBDC wins by $20.75M in total portfolio value

INVESTMENT

TIME HORIZON10 years

EXETF

● Live price

1.93%

Share price

$18.90

Annual div

$0.36

5Y div CAGR

6.2%

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$23.6K

Annual income

$415.47

Full EXETF calculator →

GBDC

● Live price

11.85%

Share price

$12.66

Annual div

$1.50

5Y div CAGR

51.1%

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$20.78M

Annual income

$16,389,263.41

Full GBDC calculator →

Portfolio growth — EXETF vs GBDC

📍 GBDC pulled ahead of the other in Year 1

Annual dividend income

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Recession Test — Did They Cut Dividends?

How each stock treated shareholders during the 3 biggest crises of the last 20 years

Crisis Period	EXETF	GBDC
2008–2009 GFC	— No data	— No data
2020 Q1–Q2 COVID	— No data	— No data
2022 Q4 Rate Hike	— No data	— No data

Based on dividend payment history. "Increased" = dividend grew during crisis. "Maintained" = held within 3%. "Cut" = reduced by more than 3%.

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Dividend Calendar Overlap

Combined, EXETF + GBDC cover 0 of 12 months — good coverage

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

EXETF pays

GBDC pays

Both pay

Neither

💰

Tax Bracket Optimizer

Which stock is actually better after tax? Adjust your rate to find out.

EXETF

Annual income on $10K today (after 15% tax)

$163.96/yr

After 10yr DRIP, annual income (after tax)

$353.15/yr

GBDC

Annual income on $10K today (after 15% tax)

$1,007.11/yr

After 10yr DRIP, annual income (after tax)

$13,930,873.90/yr

At 15% tax rate, GBDC beats the other by $13,930,520.75/year in after-tax income after 10 years on $10,000

⚖️

Lazy Portfolio Split Optimizer

What's the optimal mix of EXETF + GBDC for your $10,000?

EXETF: 50%GBDC: 50%

100% GBDC50/50100% EXETF

Portfolio after 10yr

$10.40M

Annual income

$8,194,839.44/yr

Blended yield

78.80%

📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

EXETF

Analyst Ratings

Hold

Consensus: Hold

Altman Z

3.9

Piotroski

6/9

GBDC

Analyst Ratings

Buy

Hold

Consensus: Buy

Price Target

$14.00

+10.6% upside vs current

Range: $13.00 — $15.00

Altman Z

0.6

Piotroski

6/9

Analyst ratings via FMP. Altman Z-Score: >3.0 safe, 1.81–3.0 grey zone, <1.81 distress. Piotroski: 7–9 strong, 0–3 weak.

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Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

EXETF buys

GBDC buys

Politician	Chamber	Ticker	Type	Amount	Date
David P. Joyce	🏢 House	$GBDC	▼ Sell	$1,001 - $15,000	2023-06-30
David P. Joyce	🏢 House	$GBDC	▼ Sell	$15,001 - $50,000	2023-06-19
David P. Joyce	🏢 House	$GBDC	▼ Sell	$15,001 - $50,000	2022-07-14
David P. Joyce	🏢 House	$GBDC	▼ Sell	$15,001 - $50,000	2022-07-12
Teresa Leger Fernandez	🏢 House	$GBDC	▼ Sell	$15,001 - $50,000	2021-01-20
David P. Joyce	🏢 House	$GBDC	▲ Buy	$1,001 - $15,000	2020-02-25
David P. Joyce	🏢 House	$GBDC	▲ Buy	$15,001 - $50,000	2019-05-30

STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →

MetricEXETFGBDC

Forward yield	1.93%	11.85% ✓
Annual dividend / share	$0.36	$1.50 ✓
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	6.2%	51.1% ✓
Portfolio after 10y	$23.6K ✓	$20.78M
Annual income after 10y	$415.47	$16,389,263.41 ✓
Total dividends collected	$3.0K	$20.36M ✓
Payment frequency	quarterly	quarterly
Sector	Stock	BDC
Analyst consensus	Hold	Buy

Year-by-year: EXETF vs GBDC ($10,000, DRIP)

Year	EXETF Portfolio	EXETF Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1← crossover	$10,905	$204.86	$12,490	$1,790.28	$1.6K → GBDC
2	$11,890	$221.73	$16,522	$3,157.73	$4.6K → GBDC
3	$12,962	$239.95	$23,578	$5,898.68	$10.6K → GBDC
4	$14,129	$259.63	$37,115	$11,886.75	$23.0K → GBDC
5	$15,399	$280.89	$66,136	$26,423.57	$50.7K → GBDC
6	$16,781	$303.85	$137,257	$66,491.44	$120.5K → GBDC
7	$18,284	$328.64	$341,734	$194,868.54	$323.4K → GBDC
8	$19,919	$355.40	$1,050,788	$685,133.02	$1.03M → GBDC
9	$21,698	$384.29	$4,099,314	$2,974,971.01	$4.08M → GBDC
10	$23,632	$415.47	$20,775,530	$16,389,263.41	$20.75M → GBDC

EXETF vs GBDC: Complete Analysis 2026

EXETF — Stock

Extendicare Inc., through its subsidiaries, provides care and services for seniors in Canada. The company offers long term care (LTC) services; retirement living services; and home health care services, such as nursing care, occupational, physical and speech therapy, and assistance with daily activities, as well as contract and consulting services to third parties. It operates a network of 119 LTC homes and retirement communities, as well as home health care operations under the Extendicare, Esprit Lifestyle Communities, ParaMed, Extendicare Assist, and SGP Purchasing Partner Network brands. Extendicare Inc. was founded in 1968 and is based in Markham, Canada.

Full EXETF Calculator →

GBDC — BDC

Golub Capital BDC, Inc. (GBDC) is a business development company and operates as an externally managed closed-end non-diversified management investment company. It invests in debt and minority equity investments in middle-market companies that are, in most cases, sponsored by private equity investors. It typically invests in diversified consumer services, automobiles, healthcare technology, insurance, health care equipment and supplies, hotels, restaurants and leisure, healthcare providers and services, IT services and specialty retails. It seeks to invest in the United States. It primarily invests in first lien traditional senior debt, first lien one stop, junior debt and equity, senior secured, one stop, unitranche, second lien, subordinated and mezzanine loans of middle-market companies, and warrants.

Full GBDC Calculator →

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⚠️ Educational purposes only. Not financial advice. Congressional trades sourced from SEC STOCK Act filings via FMP. Past performance does not guarantee future results.