BDCX vs. PBDC ETF Comparison
Comparison of ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN (BDCX) to Putnam BDC Income ETF (PBDC)
BDCX
ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN
BDCX Description
The investment seeks to provide 1.5 times leveraged long exposure to the compounded quarterly performance of the Wells Fargo Business Development Company Index, reduced by the Accrued Fees. The index is intended to measure the performance of all business development companies listed on the New York Stock Exchange, NYSE AMEX or The Nasdaq Stock Market, Inc. that satisfy specified market capitalization and other eligibility requirements. It is a proprietary index of Wells Fargo Securities, LLC.
Grade (RS Rating)
Last Trade
$30.30
Average Daily Volume
1,232
23
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
16
Performance
| Period | BDCX | PBDC |
|---|---|---|
| 30 Days | -0.43% | -1.93% |
| 60 Days | -0.57% | -1.99% |
| 90 Days | 2.65% | 0.76% |
| 12 Months | 17.53% | 15.60% |
12 Overlapping Holdings
| Symbol | Grade | Weight in BDCX | Weight in PBDC | Overlap | |
|---|---|---|---|---|---|
| ARCC | B | 17.86% | 11.8% | 11.8% | |
| BBDC | D | 1.72% | 2.83% | 1.72% | |
| BCSF | A | 2.09% | 4.52% | 2.09% | |
| CGBD | C | 2.28% | 1.05% | 1.05% | |
| CSWC | D | 1.82% | 3.48% | 1.82% | |
| FDUS | C | 1.28% | 2.04% | 1.28% | |
| FSK | B | 11.43% | 6.35% | 6.35% | |
| GBDC | C | 4.5% | 4.95% | 4.5% | |
| HTGC | C | 4.42% | 6.8% | 4.42% | |
| MAIN | B | 5.85% | 9.75% | 5.85% | |
| NMFC | F | 3.68% | 2.4% | 2.4% | |
| TSLX | D | 4.71% | 6.0% | 4.71% |
BDCX: Top Represented Industries & Keywords
PBDC: Top Represented Industries & Keywords
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