PBDC vs IBTP
Comparison between Putnam BDC Income ETF (PBDC, ETF) and ISHARES IBONDS DEC 2034 TERM TREASURY ETF (IBTP, ETF).
PBDC vs IBTP - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
PBDC
$276M
Winner
IBTP
$276M
Expense Ratio
PBDC
13.49%
Winner
IBTP
0.07%
Max Drawdown
PBDC
28.02%
Winner
IBTP
8.50%
Sharpe Ratio
PBDC
-0.68
Winner
IBTP
0.08
5Y Beta
PBDC
0.69
Winner
IBTP
0.00
P/E Ratio
PBDC
11.91
IBTP
N/A
Forward P/E
PBDC
7.92
IBTP
N/A
PEG Ratio
PBDC
0.16
IBTP
N/A
P/S Ratio
PBDC
4.03
IBTP
N/A
P/B Ratio
PBDC
0.88
IBTP
N/A
PBDC vs IBTP - Historical Returns
Returns include dividend reinvestment.
1M
Winner
PBDC
+0.15%
IBTP
+0.14%
3M
Winner
PBDC
+5.92%
IBTP
-0.61%
6M
PBDC
-9.28%
Winner
IBTP
-0.15%
1Y
PBDC
-9.95%
Winner
IBTP
+3.56%
Max(CAGR)
Winner
PBDC
+12.80%
IBTP
+4.00%
PBDC vs IBTP - Annual Returns (2022 - 2026)
Returns include dividend reinvestment.
| Year | PBDC | IBTP |
|---|---|---|
| 2026 | -8.65% | -0.38% |
| 2025 | -2.34% | +8.08% |
| 2024 | +19.15% | +0.42% |
| 2023 | +28.69% | N/A |
| 2022 | +10.87% | N/A |
PBDC vs IBTP 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 IBTP was -7.40%, occurring on Jan 14, 2025. Recovery took 242 trading sessions.
The current PBDC drawdown is -15.58%. The current IBTP drawdown is -2.62%.
| Rank | PBDC | IBTP |
|---|---|---|
| #1 | -20.29% Feb 19, 2025 - Mar 12, 2026 | -7.40% Sep 16, 2024 - Sep 4, 2025 |
| #2 | -10.57% Mar 6, 2023 - Jun 7, 2023 | -3.98% Feb 27, 2026 - May 19, 2026 |
| #3 | -8.47% Jul 8, 2024 - Oct 18, 2024 | -1.93% Jun 14, 2024 - Jul 11, 2024 |
| #4 | -6.44% Nov 25, 2022 - Jan 11, 2023 | -1.67% Aug 5, 2024 - Sep 4, 2024 |
| #5 | -6.05% Sep 28, 2023 - Nov 14, 2023 | -1.49% Nov 26, 2025 - Feb 12, 2026 |
| #6 | -5.38% Oct 4, 2022 - Oct 25, 2022 | -1.31% Oct 22, 2025 - Nov 25, 2025 |
| #7 | -4.36% Oct 21, 2024 - Nov 19, 2024 | -1.09% Sep 11, 2025 - Oct 14, 2025 |
| #8 | -3.33% Jan 30, 2024 - Mar 7, 2024 | -1.03% Jul 17, 2024 - Jul 30, 2024 |
| #9 | -2.88% Aug 7, 2023 - Sep 1, 2023 | -0.33% Jul 12, 2024 - Jul 16, 2024 |
| #10 | -2.73% Jan 2, 2025 - Jan 16, 2025 | -0.25% Sep 10, 2024 - Sep 16, 2024 |
| #11 | -2.71% Nov 29, 2024 - Dec 24, 2024 | -0.23% Feb 13, 2026 - Feb 23, 2026 |
| #12 | -2.48% Feb 7, 2023 - Feb 17, 2023 | -0.21% Oct 16, 2025 - Oct 21, 2025 |
| #13 | -2.40% Sep 1, 2023 - Sep 14, 2023 | -0.13% Sep 8, 2025 - Sep 10, 2025 |
| #14 | -2.40% Jun 3, 2024 - Jul 3, 2024 | -0.11% Feb 23, 2026 - Feb 26, 2026 |
| #15 | -2.40% Nov 7, 2022 - Nov 11, 2022 | -0.08% Oct 14, 2025 - Oct 16, 2025 |
Correlation
Correlation between PBDC and IBTP 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)
PBDC vs IBTP dividend yield comparison.
| Year | PBDC | IBTP |
|---|---|---|
| 2026 | 2.60% | 1.64% |
| 2025 | 10.53% | 3.92% |
| 2024 | 9.29% | 1.78% |
| 2023 | 9.86% | 0.00% |
| 2022 | 3.40% | 0.00% |
Select Stocks to Compare
Popular: PBDC vs SPYIBTP vs SPY
More Comparisons
Compare with similar stocks