PLDR vs. PCLN

Last updated Aug 6, 2026

PLDR (Putnam Sustainable Leaders ETF) and PCLN (Pictet Cleaner Planet ETF) are both Sustainable funds. Both are actively managed. Their 0.67 correlation means they have sometimes moved together and sometimes differently. PLDR charges 0.59%/yr vs 0.70%/yr for PCLN.

Performance

PLDR vs. PCLN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Putnam Sustainable Leaders ETF (PLDR) and Pictet Cleaner Planet ETF (PCLN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PLDR

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

PCLN

• 1D: -0.25%
• 1M: -2.07%
• 6M: 19.77%
• YTD: 26.13%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
PCLN Pictet Cleaner Planet ETF	$1.89K	$2.23K	$2.82K

PLDR vs. PCLN - Yearly Performance Comparison

	2026 (YTD)	2025
PLDR Putnam Sustainable Leaders ETF	1.69%	3.56%
PCLN Pictet Cleaner Planet ETF	26.13%	-1.27%

Correlation

The correlation between PLDR and PCLN is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 16, 2025	0.67

Return for Risk

PLDR vs. PCLN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Putnam Sustainable Leaders ETF (PLDR) and Pictet Cleaner Planet ETF (PCLN). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

Drawdown Indicators

	PLDR	PCLN	Difference
Max Drawdown Largest peak-to-trough decline	—	-13.38%	—
Current Drawdown Current decline from peak	—	-6.14%	—
Average Drawdown Average peak-to-trough decline	—	-3.20%	—

Volatility

Volatility by Period

	PLDR	PCLN	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	24.59%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	24.59%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	24.59%	—

PLDR vs. PCLN - Expense Ratio Comparison

PLDR has a 0.59% expense ratio, which is lower than PCLN's 0.70% expense ratio.

Dividends

PLDR vs. PCLN - Dividend Comparison

PLDR has not paid dividends to shareholders, while PCLN's dividend yield for the trailing twelve months is around 0.06%.

Position	TTM	2025	2024	2023	2022	2021
PCLN Pictet Cleaner Planet ETF	0.06%	0.08%	0.00%	0.00%	0.00%	0.00%
PLDR Putnam Sustainable Leaders ETF	0.37%	0.37%	0.38%	0.56%	0.63%	0.39%

Frequently Asked Questions

Can I hold both PLDR and PCLN in my portfolio?

PLDR and PCLN have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PLDR or PCLN?

On fees, PLDR is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PLDR or PCLN?

PLDR is cheaper with a 0.59% expense ratio, compared with 0.70% for PCLN.

Which ETF pays a higher dividend yield, PLDR or PCLN?

PLDR has the higher dividend yield at 0.37%, compared with 0.06% for PCLN.

What is the main difference between PLDR and PCLN?

They also come from different issuers: Putnam and Pictet. Their fees differ too: 0.59% for PLDR and 0.70% for PCLN.