FIW vs. PBDC ETF Comparison

Comparison of First Trust ISE Water Index Fund (FIW) to Putnam BDC Income ETF (PBDC)
FIW

First Trust ISE Water Index Fund

FIW Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the ISE Water Index(TM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a modified market-capitalization weighted portfolio of 36 stocks of companies as of March 31, 2013 that derive a substantial portion of their revenues from the potable and wastewater industries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$105.92

Average Daily Volume

34,048

Number of Holdings *

33

* 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

$32.93

Average Daily Volume

36,213

Number of Holdings *

16

* may have additional holdings in another (foreign) market
Performance
Period FIW PBDC
30 Days -2.03% -1.93%
60 Days -1.43% -1.99%
90 Days 0.97% 0.76%
12 Months 31.31% 15.60%
0 Overlapping Holdings
Symbol Grade Weight in FIW Weight in PBDC Overlap
FIW Overweight 33 Positions Relative to PBDC
Symbol Grade Weight
ECL C 4.08%
IEX A 3.97%
PNR B 3.95%
AWK D 3.94%
ROP D 3.94%
XYL F 3.83%
WAT A 3.81%
IDXX F 3.79%
VLTO D 3.79%
ACM A 3.69%
A D 3.68%
TTEK B 3.58%
WTRG C 3.57%
WMS F 3.4%
MLI A 3.4%
BMI D 2.94%
CNM D 2.87%
AOS F 2.79%
PRMW B 2.51%
ZWS A 2.26%
VMI A 2.26%
AWR C 2.06%
MWA B 2.05%
WTS D 2.04%
ITRI A 2.0%
FELE D 1.98%
CWT D 1.9%
MSEX B 1.27%
LNN C 1.26%
SJW F 1.2%
SBS F 1.19%
HWKN D 1.18%
MEG F 1.02%
FIW Underweight 16 Positions Relative to PBDC
Symbol Grade Weight
ARCC B -11.8%
BXSL B -9.79%
MAIN B -9.75%
HTGC C -6.8%
FSK B -6.35%
TSLX D -6.0%
GBDC C -4.95%
BCSF A -4.52%
CCAP C -4.24%
CION C -3.82%
CSWC D -3.48%
BBDC D -2.83%
NMFC F -2.4%
TRIN D -2.26%
FDUS C -2.04%
CGBD C -1.05%
Compare ETFs