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IBTP vs PBDC

Comparison between ISHARES IBONDS DEC 2034 TERM TREASURY ETF (IBTP, ETF) and Putnam BDC Income ETF (PBDC, ETF).

IBTP vs PBDC - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
Winner
IBTP
$276M
PBDC
$276M
Expense Ratio
Winner
IBTP
0.07%
PBDC
13.49%
Max Drawdown
Winner
IBTP
8.50%
PBDC
28.02%
Sharpe Ratio
Winner
IBTP
0.08
PBDC
-0.68
5Y Beta
Winner
IBTP
0.00
PBDC
0.69
P/E Ratio
IBTP
N/A
PBDC
11.91
Forward P/E
IBTP
N/A
PBDC
7.92
PEG Ratio
IBTP
N/A
PBDC
0.16
P/S Ratio
IBTP
N/A
PBDC
4.03
P/B Ratio
IBTP
N/A
PBDC
0.88

IBTP vs PBDC - Historical Returns

Returns include dividend reinvestment.

1M
IBTP
+0.14%
Winner
PBDC
+0.15%
3M
IBTP
-0.61%
Winner
PBDC
+5.92%
6M
Winner
IBTP
-0.15%
PBDC
-9.28%
1Y
Winner
IBTP
+3.56%
PBDC
-9.95%
Max(CAGR)
IBTP
+4.00%
Winner
PBDC
+12.80%

IBTP vs PBDC - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

YearIBTPPBDC
2026-0.38%-8.65%
2025+8.08%-2.34%
2024+0.42%+19.15%
2023N/A+28.69%
2022N/A+10.87%

IBTP vs PBDC Drawdown Comparison

The maximum drawdown for IBTP was -7.40%, occurring on Jan 14, 2025. Recovery took 242 trading sessions.

The maximum drawdown for PBDC was -20.29%, occurring on Mar 12, 2026. This drawdown has not yet recovered.

The current IBTP drawdown is -2.62%. The current PBDC drawdown is -15.58%.

RankIBTPPBDC
#1-7.40%
Sep 16, 2024 - Sep 4, 2025
-20.29%
Feb 19, 2025 - Mar 12, 2026
#2-3.98%
Feb 27, 2026 - May 19, 2026
-10.57%
Mar 6, 2023 - Jun 7, 2023
#3-1.93%
Jun 14, 2024 - Jul 11, 2024
-8.47%
Jul 8, 2024 - Oct 18, 2024
#4-1.67%
Aug 5, 2024 - Sep 4, 2024
-6.44%
Nov 25, 2022 - Jan 11, 2023
#5-1.49%
Nov 26, 2025 - Feb 12, 2026
-6.05%
Sep 28, 2023 - Nov 14, 2023
#6-1.31%
Oct 22, 2025 - Nov 25, 2025
-5.38%
Oct 4, 2022 - Oct 25, 2022
#7-1.09%
Sep 11, 2025 - Oct 14, 2025
-4.36%
Oct 21, 2024 - Nov 19, 2024
#8-1.03%
Jul 17, 2024 - Jul 30, 2024
-3.33%
Jan 30, 2024 - Mar 7, 2024
#9-0.33%
Jul 12, 2024 - Jul 16, 2024
-2.88%
Aug 7, 2023 - Sep 1, 2023
#10-0.25%
Sep 10, 2024 - Sep 16, 2024
-2.73%
Jan 2, 2025 - Jan 16, 2025
#11-0.23%
Feb 13, 2026 - Feb 23, 2026
-2.71%
Nov 29, 2024 - Dec 24, 2024
#12-0.21%
Oct 16, 2025 - Oct 21, 2025
-2.48%
Feb 7, 2023 - Feb 17, 2023
#13-0.13%
Sep 8, 2025 - Sep 10, 2025
-2.40%
Sep 1, 2023 - Sep 14, 2023
#14-0.11%
Feb 23, 2026 - Feb 26, 2026
-2.40%
Jun 3, 2024 - Jul 3, 2024
#15-0.08%
Oct 14, 2025 - Oct 16, 2025
-2.40%
Nov 7, 2022 - Nov 11, 2022

Correlation

Correlation between IBTP and PBDC is -0.41 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.41
-101

Dividend Comparison (2022 - 2026)

IBTP vs PBDC dividend yield comparison.

YearIBTPPBDC
20261.64%2.60%
20253.92%10.53%
20241.78%9.29%
20230.00%9.86%
20220.00%3.40%

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