PCRB vs FLYT

Comparison between Putnam ESG Core Bond ETF (PCRB, ETF) and DIREXION FLIGHT TO SAFETY STRATEGY ETF (FLYT, ETF).

PCRB vs FLYT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PCRB(ETF)	FLYT(ETF)
Net Assets	$7M	$7.10M
Expense Ratio	0.36%	N/A
Max Drawdown	9.90%	85.99%
Sharpe Ratio	-0.02	0.42
5Y Beta	0.03	6.94

Net Assets

PCRB

$7M

Winner

FLYT

$7.10M

Expense Ratio

PCRB

0.36%

FLYT

N/A

Max Drawdown

Winner

PCRB

9.90%

FLYT

85.99%

Sharpe Ratio

PCRB

-0.02

Winner

FLYT

0.42

5Y Beta

Winner

PCRB

0.03

FLYT

6.94

PCRB vs FLYT - Historical Returns

Returns include dividend reinvestment.

Period	PCRB	FLYT
1 month	-0.76%	+5.72%
3 months	-2.11%	+109.51%
6 months	-0.46%	+49.43%
1 year	+3.78%	N/A
5 years(CAGR)	N/A	-17.48%
Max(CAGR)	+3.18%	-13.84%

PCRB

-0.76%

Winner

FLYT

+5.72%

PCRB

-2.11%

Winner

FLYT

+109.51%

PCRB

-0.46%

Winner

FLYT

+49.43%

PCRB

+3.78%

FLYT

N/A

5Y(CAGR)

PCRB

N/A

FLYT

-17.48%

Max(CAGR)

Winner

PCRB

+3.18%

FLYT

-13.84%

PCRB vs FLYT - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	PCRB	FLYT
2026	-0.63%	+22.51%
2025	+7.11%	-45.70%
2024	+2.34%	N/A
2023	+2.41%	N/A
2022	N/A	-1.20%
2021	N/A	+0.96%
2020	N/A	+6.87%

PCRB vs FLYT Drawdown Comparison

The maximum drawdown for PCRB was -7.21%, occurring on Oct 19, 2023. Recovery took 217 trading sessions.

The maximum drawdown for FLYT was -85.22%, occurring on Mar 10, 2026. Recovery took 511 trading sessions.

The current PCRB drawdown is -2.53%. The current FLYT drawdown is -65.36%.

Rank	PCRB	FLYT
#1	-7.21% Feb 2, 2023 - Dec 13, 2023	-85.22% Aug 6, 2020 - May 26, 2026
#2	-4.73% Sep 16, 2024 - Jun 26, 2025	-65.36% May 26, 2026 - Jun 5, 2026
#3	-3.48% Feb 1, 2024 - Jun 14, 2024	-14.68% Mar 9, 2020 - Jul 22, 2020
#4	-3.00% Feb 27, 2026 - May 19, 2026	-3.35% Feb 24, 2020 - Mar 4, 2020
#5	-1.95% Dec 27, 2023 - Feb 1, 2024	-0.43% Jul 31, 2020 - Aug 4, 2020
#6	-1.38% Jun 14, 2024 - Jul 11, 2024	-0.42% Aug 4, 2020 - Aug 6, 2020
#7	-1.19% Jun 30, 2025 - Aug 1, 2025	-0.30% Feb 10, 2020 - Feb 13, 2020
#8	-1.07% Aug 2, 2024 - Aug 20, 2024	-0.22% Feb 18, 2020 - Feb 20, 2020
#9	-1.05% Oct 22, 2025 - Jan 13, 2026	-0.12% Jul 24, 2020 - Jul 28, 2020
#10	-0.73% Sep 16, 2025 - Oct 13, 2025	N/A
#11	-0.65% Jan 14, 2026 - Feb 10, 2026	N/A
#12	-0.64% Jul 17, 2024 - Jul 29, 2024	N/A
#13	-0.51% Aug 13, 2025 - Aug 22, 2025	N/A
#14	-0.50% Jan 25, 2023 - Feb 1, 2023	N/A
#15	-0.42% Aug 21, 2024 - Aug 23, 2024	N/A

Correlation

Correlation between PCRB and FLYT is -0.49 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.49

-101