HJEN vs. PBDC ETF Comparison

Comparison of Direxion Hydrogen ETF (HJEN) to Putnam BDC Income ETF (PBDC)

HJEN

Direxion Hydrogen ETF

HJEN Description

The Direxion Hydrogen ETF offers exposure to 30 companies leading the way towards net-zero emissions by providing more accessible, efficient, sustainable solutions across the following five hydrogen-related sub-themes. HJEN may be considered a satellite holding to complement other broader positions within a portfolio. Hydrogen Production and Generation: Companies involved in the process of hydrogen generation, in either liquid or solid form. Hydrogen Storage and Supply: Companies engaged in providing storage and transportation services of hydrogen. It also includes companies that supply hydrogen to various users and operate hydrogen fueling stations across countries. Fuel Cell and Battery: Companies manufacturing fuel cells and batteries that are run on hydrogen-based technology. Hydrogen Systems and Solutions: Companies offering equipment, components or technology used in hydrogen industry. Those involved in providing solutions and systems to the value chain across hydrogen generation, storage and supply. Membrane and Catalyst: Companies that design and produce membrane, filters, catalyst or membrane assemblies for fuel cell, or hydrogen-related, technologies.

Grade (RS Rating)

Last Trade

$10.80

Average Daily Volume

21,890

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

$33.58

Average Daily Volume

35,679

Number of Holdings ^*

15

* may have additional holdings in another (foreign) market

Performance

Period	HJEN	PBDC
30 Days	-3.74%	-0.06%
60 Days	-5.93%	2.75%
90 Days	5.68%	-2.42%
12 Months	-24.03%	21.76%

0 Overlapping Holdings

	Symbol	Grade	Weight in HJEN	Weight in PBDC	Overlap

HJEN Overweight 4 Positions Relative to PBDC

	Symbol	Grade	Weight
	BE	F	9.81%
	PLUG	D	6.99%
	APD	C	4.63%
	SHEL	D	4.19%

HJEN Underweight 15 Positions Relative to PBDC

	Symbol	Grade	Weight
	ARCC	A	-11.95%
	BXSL	C	-10.14%
	MAIN	B	-9.66%
	HTGC	C	-6.68%
	FSK	A	-6.55%
	TSLX	D	-6.05%
	GBDC	B	-4.91%
	BCSF	B	-4.68%
	CION	D	-3.97%
	CCAP	C	-3.8%
	CSWC	C	-3.31%
	BBDC	D	-2.92%
	CGBD	B	-2.52%
	TRIN	C	-2.1%
	FDUS	C	-1.87%

HJEN: Top Represented Industries & Keywords

Industries: Chemicals Electronic Components Oil & Gas Integrated Utilities - Independent Power Producers

Keywords: Hydrogen Chemical Process Fuel Cell Fuel Cell Systems Hydrogen Economy Hydrogen Technologies Adhesives Air Separation Alternative Energy Ammonia Argon Banking Biogas Carbon Monoxide Chemical Chemical Manufacturing Chemical Processing Civil Engineering Cloud Services Combustion

PBDC: Top Represented Industries & Keywords

Industries: Asset Management Credit Services Specialty Finance

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