Putnam BDC Income ETF (PBDC) belongs to the Financials Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with PBDC. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PBDC
PBDC charges 13.49% annually. There are 48 ETFs in the Financials Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Financial Select Sector SPDR ETF | 0.08% | 57.61B | Dec 1998 | PBDC vs XLF | |
| Fidelity MSCI Financials Index ETF | 0.08% | 2.23B | Oct 2013 | PBDC vs FNCL | |
| Vanguard Financials ETF | 0.09% | 13.90B | Jan 2004 | PBDC vs VFH | |
| Gabelli Financial Services Opportunities ETF | 0.10% | 50.20M | May 2022 | PBDC vs GABF | |
| VanEck Financials TruSector ETF | 0.10% | 593.86K | Apr 2026 | PBDC vs TRUF |
Best Risk-Adjusted Alternatives to PBDC
PBDC has a PortfoliosLab risk / return rank of 3. There are 39 ETFs in the Financials Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| HSBC Holdings plc ADRhedged ETF | 95 | 5.04M | Oct 2024 | PBDC vs HSBH | |
| Themes Global Systemically Important Banks ETF | 90 | 48.36M | Dec 2023 | PBDC vs GSIB | |
| iShares MSCI Europe Financials ETF | 74 | 4.20B | Jan 2010 | PBDC vs EUFN | |
| Invesco S&P SmallCap Financials ETF | 67 | 27.49M | Apr 2010 | PBDC vs PSCF | |
| Invesco KBW Bank ETF | 65 | 6.70B | Nov 2011 | PBDC vs KBWB |
Top Performing PBDC Alternatives (YTD)
PBDC is at -9.20% YTD. There are 40 ETFs in the Financials Equities category with higher YTD returns, going as high as 38.03%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| HSBC Holdings plc ADRhedged ETF | 38.03% | 5.04M | Oct 2024 | PBDC vs HSBH | |
| First Trust NASDAQ ABA Community Bank Index Fund | 23.18% | 93.23M | Jun 2009 | PBDC vs QABA | |
| Themes Global Systemically Important Banks ETF | 22.66% | 48.36M | Dec 2023 | PBDC vs GSIB | |
| Portfolio Building Block European Banks Index ETF | 21.81% | 438.81M | Nov 2025 | PBDC vs PBEU | |
| SPDR S&P Regional Banking ETF | 18.73% | 4.62B | Jun 2006 | PBDC vs KRE |
Lowest Volatility Alternatives to PBDC
PBDC has 18.87% 1-year volatility. There are 24 ETFs in the Financials Equities category with lower 1-year volatility, going as low as 11.88%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Financial Select Sector SPDR Premium ... | 11.88% | 7.51M | Jul 2025 | PBDC vs XLFI | |
| iShares MSCI Kuwait ETF | 13.36% | 68.36M | Sep 2020 | PBDC vs KWT | |
| VanEck Financials TruSector ETF | 13.53% | 593.86K | Apr 2026 | PBDC vs TRUF | |
| iShares Global Financials ETF | 14.12% | 690.89M | Nov 2001 | PBDC vs IXG | |
| iShares U.S. Financials ETF | 14.67% | 4.43B | May 2000 | PBDC vs IYF |
Lowest Drawdown Alternatives to PBDC
PBDC has a 1-year max drawdown of -17.71%. There are 32 ETFs in the Financials Equities category with shallower 1-year drawdowns, going as shallow as -7.62%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares U.S. Insurance ETF | -7.62% | 537.00M | May 2006 | PBDC vs IAK | |
| Invesco KBW Property & Casualty Insurance ETF | -9.56% | 272.55M | Dec 2010 | PBDC vs KBWP | |
| Invesco S&P SmallCap Financials ETF | -9.91% | 27.49M | Apr 2010 | PBDC vs PSCF | |
| iShares Global Financials ETF | -11.33% | 690.89M | Nov 2001 | PBDC vs IXG | |
| iShares MSCI Kuwait ETF | -11.54% | 68.36M | Sep 2020 | PBDC vs KWT |
Other ETFs from Franklin Templeton
The 10 most viewed Franklin Templeton ETFs shown here include LVHI, FLIN, FLKR and span 11 categories. AUM among these funds goes as high as $5B.
Often Compared With PBDC
Investors most often compare PBDC with BIZD, SPYI, STOT. These 20 comparison targets span 19 categories, based on PortfoliosLab usage data.
Compare PBDC with Any Fund or Stock
Compare PBDC with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PBDC with funds that move differently
Putnam BDC Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PBDC.
Explore PBDC Diversifiers