AWEG vs. PBDC ETF Comparison

Comparison of Alger Weatherbie Enduring Growth ETF (AWEG) to Putnam BDC Income ETF (PBDC)

AWEG

Alger Weatherbie Enduring Growth ETF

AWEG Description

The fund invests primarily in equity securities of mid-cap growth companies with an environmental, social and governance ("ESG") rating of medium or better, as rated by Sustainalytics, a third-party ESG rating agency, at the time of purchase. Under normal circumstances, 80% of companies in the fund"s portfolio, based on net assets, will have a Sustainalytics ESG rating. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.71

Average Daily Volume

170

Number of Holdings ^*

24

* 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

$33.83

Average Daily Volume

40,499

Number of Holdings ^*

15

* may have additional holdings in another (foreign) market

Performance

Period	AWEG	PBDC
30 Days	5.91%	-0.38%
60 Days	7.15%	0.18%
90 Days	8.89%	2.52%
12 Months	36.24%	16.33%

0 Overlapping Holdings

	Symbol	Grade	Weight in AWEG	Weight in PBDC	Overlap

AWEG Overweight 24 Positions Relative to PBDC

	Symbol	Grade	Weight
	TDG	D	11.7%
	CWST	A	6.43%
	GKOS	A	4.99%
	STEP	B	4.87%
	TNDM	D	4.84%
	WCN	A	4.8%
	HEI	A	4.66%
	PCTY	B	3.92%
	NEOG	D	3.62%
	HUBS	A	3.14%
	OLLI	D	2.99%
	SPSC	D	2.94%
	ACAD	C	2.9%
	MEG	F	2.87%
	XPO	B	2.86%
	UPST	B	2.77%
	RXO	C	2.64%
	HLNE	B	2.11%
	NCNO	B	2.09%
	PGNY	F	2.07%
	SITE	F	2.02%
	AGYS	A	1.77%
	NTRA	A	1.44%
	TTD	B	1.41%

AWEG Underweight 15 Positions Relative to PBDC

	Symbol	Grade	Weight
	ARCC	A	-12.06%
	BXSL	A	-10.26%
	MAIN	A	-9.38%
	HTGC	D	-6.84%
	FSK	A	-6.36%
	GBDC	B	-5.9%
	TSLX	C	-5.18%
	BCSF	C	-4.21%
	CCAP	A	-4.11%
	CION	D	-3.63%
	CSWC	D	-3.44%
	BBDC	A	-2.68%
	TRIN	A	-2.47%
	NMFC	D	-2.32%
	FDUS	A	-2.01%

AWEG: Top Represented Industries & Keywords

Industries: Software - Application Waste Management Aerospace & Defense Asset Management Diagnostics & Research Biotechnology Credit Services Discount Stores Health Information Services Industrial Distribution Integrated Shipping & Logistics Medical Devices Medical Instruments & Supplies Trucking

Keywords: Medicine Aerospace Cardboard Cargo Content Management Electronics Environmental Services Fintech Freight Transport Genetic Testing Glaucoma Investment Solutions Landfill Municipal Solid Waste Private Equity Recycling Regulatory Compliance Social Media Solid Waste Collection Solid Waste Services

PBDC: Top Represented Industries & Keywords

Industries: Asset Management Credit Services Specialty Finance

Keywords: Private Equity Business Development Mezzanine Capital Venture Capital Credit Loan Business Development Company Golub Capital Refinancing Debt Healthcare Service Leveraged Buyout Second Lien Loan Subordinated Debt Aerospace Bankruptcy Chemical Consumer Products Debt Financing Entrepreneurship