ACES vs. PBDC ETF Comparison

Comparison of ALPS Clean Energy ETF (ACES) to Putnam BDC Income ETF (PBDC)
ACES

ALPS Clean Energy ETF

ACES Description

The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the CIBC Atlas Clean Energy Index (ticker symbol NACEX) (the "underlying index"). The fund will invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index utilizes a rules-based methodology developed by CIBC National Trust Company (the "index provider"), which is designed to provide exposure to a diverse set of U.S. and Canadian companies involved in the clean energy sector including renewables and clean technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.71

Average Daily Volume

70,368

Number of Holdings *

28

* 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

$33.55

Average Daily Volume

31,966

Number of Holdings *

15

* may have additional holdings in another (foreign) market
Performance
Period ACES PBDC
30 Days -0.26% -0.15%
60 Days 2.58% 2.66%
90 Days -1.02% -2.51%
12 Months -16.93% 19.35%
0 Overlapping Holdings
Symbol Grade Weight in ACES Weight in PBDC Overlap
ACES Overweight 28 Positions Relative to PBDC
Symbol Grade Weight
ALB D 5.63%
FSLR C 5.58%
TSLA B 5.5%
ITRI C 4.85%
ORA B 4.82%
ENPH D 4.77%
DAR F 4.52%
RUN D 4.5%
HASI C 4.33%
RIVN F 3.85%
LCID D 3.58%
NEP D 2.87%
CWEN A 2.73%
ASPN C 2.29%
PLUG F 2.01%
ANDE D 1.81%
FLNC C 1.55%
NOVA D 1.44%
AMRC B 1.39%
WOLF F 1.3%
SHLS F 1.08%
ARRY F 1.05%
GPRE F 0.92%
AMSC D 0.91%
REX D 0.78%
EOSE B 0.61%
CHPT F 0.6%
CLNE C 0.56%
ACES Underweight 15 Positions Relative to PBDC
Symbol Grade Weight
ARCC A -11.95%
BXSL D -10.14%
MAIN B -9.66%
HTGC C -6.68%
FSK A -6.55%
TSLX D -6.05%
GBDC D -4.91%
BCSF C -4.68%
CION C -3.97%
CCAP C -3.8%
CSWC C -3.31%
BBDC D -2.92%
CGBD C -2.52%
TRIN F -2.1%
FDUS C -1.87%
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