TRUF vs. PBDC
TRUF (VanEck Financials TruSector ETF) and PBDC (Putnam BDC Income ETF) are both Financials Equities funds. At a 0.42 correlation, their price movements are largely independent. TRUF charges 0.10%/yr vs 13.49%/yr for PBDC.
Performance
TRUF vs. PBDC - Performance Comparison
Loading charts...
Returns By Period
TRUF
- 1D
- -0.75%
- 1M
- 4.40%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PBDC
- 1D
- -1.36%
- 1M
- 3.70%
- 6M
- -8.99%
- YTD
- -7.41%
- 1Y
- -14.73%
- 3Y*
- 5.82%
- 5Y*
- —
- 10Y*
- —
TRUF vs. PBDC - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
TRUF VanEck Financials TruSector ETF | 15.11% |
PBDC Putnam BDC Income ETF | 4.47% |
Correlation
The correlation between TRUF and PBDC is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Apr 2, 2026 | 0.42 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TRUF vs. PBDC — Risk / Return Rank
TRUF
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
PBDC
TRUF vs. PBDC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Financials TruSector ETF (TRUF) and Putnam BDC Income ETF (PBDC). 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.
| TRUF | PBDC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.89 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.75 | — |
| Martin ratioReturn relative to average drawdown | — | -1.23 | — |
Loading charts...
Drawdowns
TRUF vs. PBDC - Drawdown Comparison
The maximum TRUF drawdown since its inception was -3.24%, smaller than the maximum PBDC drawdown of -20.47%. Use the drawdown chart below to compare losses from any high point for TRUF and PBDC.
Loading charts...
Drawdown Indicators
| TRUF | PBDC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.24% | -20.47% | +17.23% |
Max Drawdown (1Y)Largest decline over 1 year | — | -19.81% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -20.47% | — |
Current DrawdownCurrent decline from peak | -0.75% | -15.07% | +14.32% |
Average DrawdownAverage peak-to-trough decline | -1.07% | -5.04% | +3.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 12.31% | — |
Volatility
TRUF vs. PBDC - Volatility Comparison
Loading charts...
Volatility by Period
| TRUF | PBDC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.74% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 15.20% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 13.68% | 18.86% | -5.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.68% | 17.02% | -3.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.68% | 17.02% | -3.34% |
TRUF vs. PBDC - Expense Ratio Comparison
TRUF has a 0.10% expense ratio, which is lower than PBDC's 13.49% expense ratio.
Dividends
TRUF vs. PBDC - Dividend Comparison
TRUF's dividend yield for the trailing twelve months is around 0.36%, less than PBDC's 11.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
PBDC Putnam BDC Income ETF | 11.35% | 10.53% | 9.29% | 9.86% | 3.40% |
TRUF VanEck Financials TruSector ETF | 0.36% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TRUF and PBDC have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TRUF is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TRUF is cheaper with a 0.10% expense ratio, compared with 13.49% for PBDC.
PBDC has the higher dividend yield at 11.35%, compared with 0.36% for TRUF.
They also come from different issuers: VanEck and Franklin Templeton. Their fees differ too: 0.10% for TRUF and 13.49% for PBDC.
Find the right allocation for TRUF and PBDC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer