PBDC vs BIZD
Comparison between Putnam BDC Income ETF (PBDC, ETF) and VANECK BDC INCOME ETF (BIZD, ETF).
Both PBDC and BIZD are from the Financial Services sector.
PBDC vs BIZD - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
PBDC
$278M
Winner
BIZD
$1.60B
Expense Ratio
PBDC
13.49%
Winner
BIZD
9.69%
Max Drawdown
Winner
PBDC
28.02%
BIZD
64.58%
Sharpe Ratio
Winner
PBDC
-0.65
BIZD
-0.81
5Y Beta
PBDC
0.69
Winner
BIZD
0.68
P/E Ratio
Winner
PBDC
11.97
BIZD
16.38
Forward P/E
Winner
PBDC
8.07
BIZD
9.52
PEG Ratio
PBDC
0.17
BIZD
N/A
5Y Dividends CAGR
PBDC
N/A
BIZD
3.68%
P/S Ratio
PBDC
4.06
Winner
BIZD
3.82
P/B Ratio
PBDC
0.89
Winner
BIZD
0.88
PBDC vs BIZD - Holdings Comparison
PBDC and BIZD have 21 common holdings. Overlap is 17.79%
PBDC's top 25 holdings weight is 100.00%. BIZD's top 25 holdings weight is 97.36%.
| Rank | PBDC | BIZD |
|---|---|---|
| #1 | ARES CAPITAL CORP (ARCC) - 12.27% | SLK5W2NE TRS USD R E MVBDCTRG (n/a) - 35.83% |
| #2 | BLUE OWL TECHNOLOGY FINANCE CORP (OTF) - 10.55% | ARES CAPITAL CORP (ARCC) - 14.64% |
| #3 | BLUE OWL CAPITAL CORP ORDINARY SHARES (OBDC) - 9.83% | BLUE OWL CAPITAL CORP ORDINARY SHARES (OBDC) - 8.53% |
| #4 | GOLUB CAPITAL BDC INC (GBDC) - 7.71% | MAIN STREET CAPITAL CORP (MAIN) - 7.02% |
| #5 | HERCULES CAPITAL INC (HTGC) - 7.03% | GOLUB CAPITAL BDC INC (GBDC) - 3.19% |
| #6 | MAIN STREET CAPITAL CORP (MAIN) - 6.25% | FS KKR CAPITAL CORP (FSK) - 3.05% |
| #7 | TRINITY CAPITAL INC ORDINARY SHARES (TRIN) - 4.61% | HERCULES CAPITAL INC (HTGC) - 2.98% |
| #8 | SIXTH STREET SPECIALTY LENDING INC (TSLX) - 4.51% | BLACKSTONE SECURED LENDING FUND ORDINARY SHARES (BXSL) - 2.90% |
| #9 | BLACKSTONE SECURED LENDING FUND ORDINARY SHARES (BXSL) - 4.32% | BLUE OWL TECHNOLOGY FINANCE CORP (OTF) - 2.58% |
| #10 | BARINGS BDC INC (BBDC) - 4.02% | SIXTH STREET SPECIALTY LENDING INC (TSLX) - 1.77% |
| #11 | KAYNE ANDERSON BDC INC (KBDC) - 4.01% | TRINITY CAPITAL INC ORDINARY SHARES (TRIN) - 1.53% |
| #12 | MSC INCOME FUND INC ORDINARY SHARES (MSIF) - 3.38% | CAPITAL SOUTHWEST CORP (CSWC) - 1.51% |
| #13 | FS KKR CAPITAL CORP (FSK) - 3.18% | MORGAN STANLEY DIRECT LENDING (MSDL) - 1.17% |
| #14 | CAPITAL SOUTHWEST CORP (CSWC) - 3.13% | OAKTREE SPECIALTY LENDING CORP BDC (OCSL) - 1.13% |
| #15 | BAIN CAPITAL SPECIALTY FINANCE INC (BCSF) - 3.06% | MIDCAP FINANCIAL INVESTMENT CORP (MFIC) - 1.07% |
| #16 | SLR INVESTMENT CORP (SLRC) - 2.67% | US DOLLAR (n/a) - 1.07% |
| #17 | MORGAN STANLEY DIRECT LENDING (MSDL) - 1.73% | GOLDMAN SACHS BDC INC (GSBD) - 1.02% |
| #18 | PENNANTPARK FLOATING RATE CAPITAL LTD (PFLT) - 1.70% | PROSPECT CAPITAL CORP (PSEC) - 0.89% |
| #19 | MIDCAP FINANCIAL INVESTMENT CORP (MFIC) - 1.68% | PENNANTPARK FLOATING RATE CAPITAL LTD (PFLT) - 0.88% |
| #20 | FIDUS INVESTMENT CORP (FDUS) - 1.51% | BARINGS BDC INC (BBDC) - 0.85% |
| #21 | SURO CAPITAL CORP (SSSS) - 1.49% | NEW MOUNTAIN FINANCE CORP (NMFC) - 0.79% |
| #22 | RUNWAY GROWTH FINANCE CORP ORDINARY SHARES (RWAY) - 1.31% | CARLYLE SECURED LENDING INC (CGBD) - 0.78% |
| #23 | PUTNAM GOVERNMENT MONEY MARKET P (PGLXX) - 0.05% | FIDUS INVESTMENT CORP (FDUS) - 0.78% |
| #24 | CASH (n/a) - 0.00% | BAIN CAPITAL SPECIALTY FINANCE INC (BCSF) - 0.71% |
| #25 | N/A | GLADSTONE INVESTMENT CORP (GAIN) - 0.69% |
| Total Holdings | 24 | 37 |
PBDC vs BIZD - Historical Returns
Returns include dividend reinvestment.
1M
Winner
PBDC
-6.23%
BIZD
-6.51%
3M
Winner
PBDC
+0.70%
BIZD
-0.10%
6M
Winner
PBDC
-10.10%
BIZD
-10.41%
1Y
Winner
PBDC
-9.61%
BIZD
-11.76%
5Y(CAGR)
PBDC
N/A
BIZD
+4.14%
10Y(CAGR)
PBDC
N/A
BIZD
+7.82%
Max(CAGR)
Winner
PBDC
+12.56%
BIZD
+6.11%
PBDC vs BIZD - Annual Returns (2013 - 2026)
Returns include dividend reinvestment.
| Year | PBDC | BIZD |
|---|---|---|
| 2026 | -9.58% | -8.93% |
| 2025 | -2.34% | -5.80% |
| 2024 | +19.15% | +15.41% |
| 2023 | +28.69% | +25.81% |
| 2022 | +10.87% | -9.15% |
| 2021 | N/A | +37.46% |
| 2020 | N/A | -6.95% |
| 2019 | N/A | +27.07% |
| 2018 | N/A | -7.57% |
| 2017 | N/A | -0.45% |
| 2016 | N/A | +23.91% |
| 2015 | N/A | -5.28% |
| 2014 | N/A | -6.58% |
| 2013 | N/A | +9.98% |
PBDC vs BIZD Drawdown Comparison
The maximum drawdown for PBDC was -20.29%, occurring on Mar 12, 2026. This drawdown has not yet recovered.
The maximum drawdown for BIZD was -55.44%, occurring on Mar 23, 2020. Recovery took 249 trading sessions.
The current PBDC drawdown is -16.44%. The current BIZD drawdown is -18.76%.
| Rank | PBDC | BIZD |
|---|---|---|
| #1 | -20.29% Feb 19, 2025 - Mar 12, 2026 | -55.44% Feb 20, 2020 - Feb 16, 2021 |
| #2 | -10.57% Mar 6, 2023 - Jun 7, 2023 | -25.29% Feb 24, 2014 - Aug 12, 2016 |
| #3 | -8.47% Jul 8, 2024 - Oct 18, 2024 | -22.97% Apr 20, 2022 - Jul 18, 2023 |
| #4 | -6.44% Nov 25, 2022 - Jan 11, 2023 | -22.56% Feb 19, 2025 - Mar 27, 2026 |
| #5 | -6.05% Sep 28, 2023 - Nov 14, 2023 | -16.73% Aug 30, 2018 - Feb 22, 2019 |
| #6 | -5.38% Oct 4, 2022 - Oct 25, 2022 | -12.47% May 2, 2017 - Aug 3, 2018 |
| #7 | -4.36% Oct 21, 2024 - Nov 19, 2024 | -8.77% Jul 11, 2024 - Oct 18, 2024 |
| #8 | -3.33% Jan 30, 2024 - Mar 7, 2024 | -7.38% Mar 14, 2013 - Apr 30, 2013 |
| #9 | -2.88% Aug 7, 2023 - Sep 1, 2023 | -7.27% Apr 30, 2013 - Jul 18, 2013 |
| #10 | -2.73% Jan 2, 2025 - Jan 16, 2025 | -6.27% Aug 30, 2016 - Nov 25, 2016 |
| #11 | -2.71% Nov 29, 2024 - Dec 24, 2024 | -6.22% Sep 28, 2023 - Nov 14, 2023 |
| #12 | -2.48% Feb 7, 2023 - Feb 17, 2023 | -6.19% Apr 29, 2021 - May 27, 2021 |
| #13 | -2.40% Sep 1, 2023 - Sep 14, 2023 | -5.92% Jan 12, 2022 - Feb 8, 2022 |
| #14 | -2.40% Jun 3, 2024 - Jul 3, 2024 | -5.45% Jul 23, 2013 - Sep 18, 2013 |
| #15 | -2.40% Nov 7, 2022 - Nov 11, 2022 | -5.36% Nov 8, 2021 - Jan 4, 2022 |
Correlation
Correlation between PBDC and BIZD is 0.99 which considered as a very strong positive correlation - the stocks move almost identically together.
0.99
-101
Dividend Comparison (2013 - 2026)
PBDC vs BIZD dividend yield comparison.
| Year | PBDC | BIZD |
|---|---|---|
| 2026 | 2.63% | 3.86% |
| 2025 | 10.53% | 11.78% |
| 2024 | 9.29% | 10.94% |
| 2023 | 9.86% | 10.96% |
| 2022 | 3.40% | 11.21% |
| 2021 | 0.00% | 8.14% |
| 2020 | 0.00% | 10.39% |
| 2019 | 0.00% | 9.13% |
| 2018 | 0.00% | 10.88% |
| 2017 | 0.00% | 9.13% |
| 2016 | 0.00% | 8.51% |
| 2015 | 0.00% | 9.12% |
| 2014 | 0.00% | 8.51% |
| 2013 | 0.00% | 5.45% |
Select Stocks to Compare
Popular: PBDC vs SPYBIZD vs SPY
More Comparisons
Compare with similar stocks