PBDC vs. FCTE ETF Comparison

Comparison of Putnam BDC Income ETF (PBDC) to SMI 3Fourteen Full-Cycle Trend ETF (FCTE)
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

$33.81

Average Daily Volume

39,882

Number of Holdings *

15

* may have additional holdings in another (foreign) market
FCTE

SMI 3Fourteen Full-Cycle Trend ETF

FCTE Description The fund is actively managed and typically owns 20 domestic stocks that are normally included in the S&P 500 Index ("S&P 500"). The FCT strategy is based on a proprietary model developed by 3Fourteen that selects stocks based on quality stock screens and trend factors such as return on capital and cash flow stability, earnings growth, return on investment, momentum, linear regression and trend analysis. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.66

Average Daily Volume

107,803

Number of Holdings *

20

* may have additional holdings in another (foreign) market
Performance
Period PBDC FCTE
30 Days 0.21% -0.97%
60 Days 0.12% -1.85%
90 Days 2.08% -2.11%
12 Months 16.48%
0 Overlapping Holdings
Symbol Grade Weight in PBDC Weight in FCTE Overlap
PBDC Overweight 15 Positions Relative to FCTE
Symbol Grade Weight
ARCC A 12.06%
BXSL A 10.26%
MAIN A 9.38%
HTGC D 6.84%
FSK A 6.36%
GBDC D 5.9%
TSLX C 5.18%
BCSF C 4.21%
CCAP A 4.11%
CION C 3.63%
CSWC D 3.44%
BBDC A 2.68%
TRIN A 2.47%
NMFC D 2.32%
FDUS A 2.01%
PBDC Underweight 20 Positions Relative to FCTE
Symbol Grade Weight
TT A -5.41%
ROL B -5.21%
GD D -5.19%
RSG A -5.15%
BRO B -5.15%
TSCO D -5.12%
NTAP C -5.1%
GOOGL C -5.08%
AMAT F -5.01%
MMM D -4.99%
PHM D -4.97%
META D -4.96%
WMT A -4.96%
RMD C -4.95%
LRCX F -4.94%
KLAC F -4.82%
HCA F -4.81%
KMB C -4.79%
CL D -4.73%
MTD F -4.66%
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