HDRO vs. PBDC ETF Comparison

Comparison of Defiance Next Gen H2 ETF (HDRO) to Putnam BDC Income ETF (PBDC)
HDRO

Defiance Next Gen H2 ETF

HDRO Description

ETF Series Solutions - Defiance Next Gen H2 ETF is an exchange traded fund launched by ETF Series Solutions. The fund is co-managed by Defiance ETFs, LLC and Penserra Capital Management, LLC. It invests in the public equity markets of global region. The fund invests in stocks of companies operating across materials, chemicals, industrial gases, utilities, alternative energy resources, fuel cells, independent power and renewable electricity producers, renewable electricity, development of hydrogen-based energy source sectors. It invests in growth and value stocks of companies operating across diversified market capitalization. The fund seeks to track the performance of the BlueStar Global Hydrogen & NextGen Fuel Cell Index, by using full replication technique. ETF Series Solutions - Defiance Next Gen H2 ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$33.98

Average Daily Volume

5,164

Number of Holdings *

4

* 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

$33.78

Average Daily Volume

40,499

Number of Holdings *

15

* may have additional holdings in another (foreign) market
Performance
Period HDRO PBDC
30 Days -1.45% -0.38%
60 Days -6.33% 0.18%
90 Days -8.13% 2.52%
12 Months -29.17% 16.33%
0 Overlapping Holdings
Symbol Grade Weight in HDRO Weight in PBDC Overlap
HDRO Overweight 4 Positions Relative to PBDC
Symbol Grade Weight
BE A 12.5%
PLUG F 9.95%
APD A 4.93%
LIN D 4.28%
HDRO 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%
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