AIRR vs. PBDC ETF Comparison

Comparison of First Trust RBA American Industrial Renaissance ETF (AIRR) to Putnam BDC Income ETF (PBDC)
AIRR

First Trust RBA American Industrial Renaissance ETF

AIRR Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Richard Bernstein Advisors American Industrial Renaissance Index (the "index"). The fund will normally invest at least 90% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. equity securities that comprise the index. The index is designed to measure the performance of small and mid cap U.S. companies in the industrial and community banking sectors. It is non-diversified.

Grade (RS Rating)

Last Trade

$69.38

Average Daily Volume

154,621

Number of Holdings *

44

* may have additional holdings in another (foreign) market
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

$34.06

Average Daily Volume

31,078

Number of Holdings *

10

* may have additional holdings in another (foreign) market
Performance
Period AIRR PBDC
30 Days -2.88% -0.22%
60 Days 8.71% 5.06%
90 Days 8.57% 6.58%
12 Months 32.28% 25.12%
0 Overlapping Holdings
Symbol Grade Weight in AIRR Weight in PBDC Overlap
AIRR Overweight 44 Positions Relative to PBDC
Symbol Grade Weight
DY B 4.64%
MTZ B 4.48%
POWL C 4.45%
STRL B 4.05%
CLH A 4.03%
RBC B 3.95%
EME B 3.77%
AMRC C 3.76%
MLI D 3.75%
PRIM B 3.64%
FSS C 3.64%
MDU C 3.61%
BLBD B 3.58%
FIX C 3.51%
GVA B 3.38%
HUBB D 3.24%
ROAD B 3.16%
ATKR F 2.85%
SHLS F 2.76%
ACA B 2.51%
LMB B 2.43%
MWA B 2.31%
GBX D 2.21%
WNC F 1.91%
TPC B 1.38%
PLOW D 1.18%
FNB D 1.1%
PRLB F 0.85%
ANET A 0.83%
WTFC D 0.72%
ONB D 0.71%
ASTE F 0.68%
FCF D 0.67%
FFBC D 0.66%
ASB D 0.65%
FULT D 0.62%
PRK B 0.6%
SRCE D 0.58%
HTLF B 0.58%
FRME D 0.57%
GABC C 0.56%
PEBO D 0.55%
LKFN D 0.47%
QCRH D 0.47%
AIRR Underweight 10 Positions Relative to PBDC
Symbol Grade Weight
OBDC C -12.78%
ARCC B -11.78%
BXSL B -10.73%
MAIN B -10.01%
HTGC B -6.92%
FSK B -6.68%
TSLX B -5.76%
GBDC D -5.48%
MFIC B -4.48%
BCSF B -3.92%
Compare ETFs