PLDR vs. GBLD

Last updated Apr 2, 2026

Compare and contrast key facts about Putnam Sustainable Leaders ETF (PLDR) and Invesco MSCI Green Building ETF (GBLD).

PLDR and GBLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PLDR is an actively managed fund by Power Corporation of Canada. It was launched on May 25, 2021. GBLD is a passively managed fund by Invesco that tracks the performance of the MSCI Global Green Building Index. It was launched on Apr 22, 2021.

Performance

PLDR vs. GBLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Putnam Sustainable Leaders ETF (PLDR) and Invesco MSCI Green Building ETF (GBLD). The values are adjusted to include any dividend payments, if applicable.

PLDR vs. GBLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
PLDR Putnam Sustainable Leaders ETF	-8.58%	12.03%	23.47%	27.47%	-22.52%	11.57%
GBLD Invesco MSCI Green Building ETF	4.52%	17.95%	-5.63%	6.39%	-21.69%	-5.35%

Returns By Period

PLDR

• 1D: 0.67%
• 1M: -5.32%
• YTD: -8.58%
• 6M: -5.85%
• 1Y: 10.67%
• 3Y*: 14.88%
• 5Y*: —
• 10Y*: —

GBLD

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

PLDR vs. GBLD - Expense Ratio Comparison

PLDR has a 0.59% expense ratio, which is higher than GBLD's 0.39% expense ratio.

PLDR

Putnam Sustainable Leaders ETF

GBLD

Invesco MSCI Green Building ETF

Return for Risk

PLDR vs. GBLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PLDR

PLDR Risk / Return Rank: 32
PLDR Sharpe Ratio Rank: 32
PLDR Sortino Ratio Rank: 31
PLDR Omega Ratio Rank: 33
PLDR Calmar Ratio Rank: 31
PLDR Martin Ratio Rank: 32

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PLDR vs. GBLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Putnam Sustainable Leaders ETF (PLDR) and Invesco MSCI Green Building ETF (GBLD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	PLDR	GBLD	Difference
Sharpe ratio Return per unit of total volatility	0.66	—	—
Sortino ratio Return per unit of downside risk	0.95	—	—
Omega ratio Gain probability vs. loss probability	1.14	—	—
Calmar ratio Return relative to maximum drawdown	0.84	—	—
Martin ratio Return relative to average drawdown	2.94	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	PLDR	GBLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.66	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	—	—

Correlation

The correlation between PLDR and GBLD is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

PLDR vs. GBLD - Dividend Comparison

PLDR's dividend yield for the trailing twelve months is around 0.41%, less than GBLD's 3.45% yield.

	TTM	2025	2024	2023	2022	2021
PLDR Putnam Sustainable Leaders ETF	0.41%	0.37%	0.38%	0.56%	0.63%	0.39%
GBLD Invesco MSCI Green Building ETF	3.45%	3.27%	5.34%	6.60%	3.79%	3.16%

Drawdowns

Drawdown Indicators

	PLDR	GBLD	Difference
Max Drawdown Largest peak-to-trough decline	-29.58%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-13.03%	—	—
Current Drawdown Current decline from peak	-9.90%	—	—
Average Drawdown Average peak-to-trough decline	-8.82%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.74%	—	—

Volatility

Volatility by Period

	PLDR	GBLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.35%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.59%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.32%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.16%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.16%	—	—