PBDC vs. HDLB ETF Comparison
Comparison of Putnam BDC Income ETF (PBDC) to ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B due September 30, 2044 (HDLB)
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
$34.48
Average Daily Volume
33,357
10
HDLB
ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B due September 30, 2044
HDLB Description
The investment seeks to provide two times leveraged long exposure to the compounded monthly performance of the Solactive US High Dividend Low Volatility Index. The index is designed to measure the performance of 40 dividend yielding, relatively lower volatility Index Constituent Securities from the universe of the largest 1,000 U.S. listed stocks by market capitalization, as described herein. The Securities seek to approximate the monthly returns that might be available to investors through a leveraged “long” investment in the index constituent securities.Grade (RS Rating)
Last Trade
$12.04
Average Daily Volume
1,396
37
Performance
| Period | PBDC | HDLB |
|---|---|---|
| 30 Days | 3.67% | 6.11% |
| 60 Days | 6.75% | 3.70% |
| 90 Days | 8.97% | 8.81% |
| 12 Months | 31.73% | 23.51% |
PBDC Underweight 35 Positions Relative to HDLB
| Symbol | Grade | Weight | |
|---|---|---|---|
| PFE | C | -13.4% | |
| ABBV | D | -9.8% | |
| VZ | C | -9.25% | |
| T | B | -8.79% | |
| GILD | F | -5.14% | |
| IBM | D | -5.12% | |
| PM | A | -3.83% | |
| DUK | A | -3.27% | |
| MO | A | -3.18% | |
| SO | A | -2.94% | |
| D | A | -2.76% | |
| AEP | A | -2.58% | |
| O | B | -2.51% | |
| VICI | B | -1.93% | |
| KHC | C | -1.93% | |
| ED | A | -1.85% | |
| ETR | A | -1.73% | |
| SRE | A | -1.71% | |
| PPL | A | -1.48% | |
| K | B | -1.47% | |
| NLY | A | -1.43% | |
| FE | A | -1.42% | |
| EIX | A | -1.34% | |
| IP | B | -1.22% | |
| MPW | C | -1.04% | |
| AGNC | A | -1.03% | |
| NI | A | -0.91% | |
| PNW | B | -0.78% | |
| WPC | B | -0.76% | |
| WU | D | -0.73% | |
| GLPI | D | -0.44% | |
| OGE | A | -0.43% | |
| STAG | D | -0.4% | |
| KD | A | -0.14% | |
| ONL | C | -0.07% |
PBDC: Top Represented Industries & Keywords
HDLB: Top Represented Industries & Keywords
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