SHLD vs. PBDC ETF Comparison

Comparison of Global X Defense Tech ETF (SHLD) to Putnam BDC Income ETF (PBDC)
SHLD

Global X Defense Tech ETF

SHLD Description

The investment seeks to provide investment results that track the performance of the Nasdaq Yewno Aerospace & Defense IndexTM before fees and expenses. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its assets in securities of companies in the index that are tied to the protection of national security interests of the United States. From the universe of eligible securities, the index identifies the top 50 eligible companies ranked by total outstanding contracts relating to the protection of U.S. national security interests, and projected revenue amounts.

Grade (RS Rating)

Last Trade

$39.63

Average Daily Volume

286,373

Number of Holdings *

17

* 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

$34.05

Average Daily Volume

39,882

Number of Holdings *

15

* may have additional holdings in another (foreign) market
Performance
Period SHLD PBDC
30 Days 2.05% 0.21%
60 Days 6.57% 0.12%
90 Days 7.65% 2.08%
12 Months 45.69% 16.48%
0 Overlapping Holdings
Symbol Grade Weight in SHLD Weight in PBDC Overlap
SHLD Overweight 17 Positions Relative to PBDC
Symbol Grade Weight
PLTR B 10.38%
LMT D 7.91%
RTX D 7.85%
NOC D 7.31%
GD D 6.94%
LDOS C 4.86%
LHX C 4.35%
BWXT B 4.01%
PSN D 3.92%
HII F 2.66%
MOG.A B 2.07%
AVAV C 2.02%
KTOS B 1.35%
OSIS A 0.81%
MRCY C 0.8%
NPK B 0.13%
BBAI C 0.05%
SHLD 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 D -5.9%
TSLX C -5.18%
BCSF C -4.21%
CCAP A -4.11%
CION C -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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