PBDC vs. LBAY ETF Comparison
Comparison of Putnam BDC Income ETF (PBDC) to Leatherback Long/Short Alternative Yield ETF (LBAY)
PBDC
Putnam BDC Income ETF
PBDC Description
Putnam BDC Income ETF is an exchange traded fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in the public equity markets of the United States. The fund invests in stocks of companies operating across business development companies sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. Putnam BDC Income ETF is domiciled in the United States.
Grade (RS Rating)
Last Trade
$34.34
Average Daily Volume
33,162
10
LBAY
Leatherback Long/Short Alternative Yield ETF
LBAY Description
The investment seeks capital appreciation and income. The fund is an actively-managed ETF that seeks to achieve its investment objective by purchasing long positions in securities believed to provide sustainable shareholder yield (defined as dividends plus buybacks plus debt paydowns) and taking short positions in securities expected to decline in price. It will generally have net exposure of 75% - 110% long. The fund's long positions are generally expected to be comprised of equity securities or depositary receipts, although long positions may also include investment-grade corporate bonds and convertible bonds. It is non-diversified.Grade (RS Rating)
Last Trade
$27.38
Average Daily Volume
4,274
52
Performance
| Period | PBDC | LBAY |
|---|---|---|
| 30 Days | 4.41% | 4.89% |
| 60 Days | 7.16% | 4.17% |
| 90 Days | 8.19% | 6.46% |
| 12 Months | 32.28% | 6.46% |
0 Overlapping Holdings
| Symbol | Grade | Weight in PBDC | Weight in LBAY | Overlap |
|---|
PBDC Underweight 52 Positions Relative to LBAY
| Symbol | Grade | Weight | |
|---|---|---|---|
| FIS | A | -5.85% | |
| XOM | B | -5.25% | |
| BG | D | -5.23% | |
| V | C | -4.93% | |
| ORI | B | -4.68% | |
| ZBH | D | -4.59% | |
| ABBV | D | -4.24% | |
| PKG | C | -4.18% | |
| ICE | B | -4.15% | |
| AWK | C | -4.15% | |
| AGNC | A | -4.09% | |
| NEM | B | -3.87% | |
| LHX | B | -3.81% | |
| GEHC | D | -3.79% | |
| MDT | C | -3.79% | |
| APD | D | -3.78% | |
| CMCSA | F | -3.78% | |
| WM | D | -3.75% | |
| UNP | B | -3.46% | |
| DIS | D | -3.23% | |
| DPZ | B | -3.08% | |
| LW | F | -3.02% | |
| JNJ | D | -2.98% | |
| CARR | B | -2.91% | |
| MMM | A | -2.91% | |
| PCH | D | -2.87% | |
| KDP | B | -2.72% | |
| KO | B | -2.71% | |
| MTN | F | -2.6% | |
| RIO | B | -2.58% | |
| SPGI | C | -2.37% | |
| SOLV | F | -1.92% | |
| BURL | D | --0.88% | |
| DKS | D | --0.95% | |
| FIVE | F | --1.03% | |
| FIX | B | --1.09% | |
| PLD | F | --1.19% | |
| SITE | D | --1.36% | |
| VRT | A | --1.38% | |
| SQ | D | --1.46% | |
| OLLI | D | --1.5% | |
| AAPL | B | --1.52% | |
| PLNT | C | --1.53% | |
| EQIX | D | --1.56% | |
| RCL | C | --1.6% | |
| DLR | C | --1.61% | |
| BLK | C | --1.66% | |
| DASH | D | --1.74% | |
| TSLA | D | --1.81% | |
| CMG | C | --1.89% | |
| AVGO | A | --2.01% | |
| SF | A | --2.03% |
PBDC: Top Represented Industries & Keywords
LBAY: Top Represented Industries & Keywords
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