Monday, May 06, 2024

SPY vs. Putnam BDC ETF

The Putnam Business Development Company ETF (PBDC) has outperformed the S&P 500 since inception with lower volatility. No guarantee this continues of course, especially as it's probably not statistically significant, but interesting:

The chart shows the share price of SPY divided by the share price of PBDC when both are adjusted for dividends. SPY, declined relative to PBDC over this period.


2 comments:

Financial Independence said...

Hi mOOm, initially I got excited but the inception date September 2022. The fund isnt two year old yet.

mOOm said...

Sure, but anyway it's doing pretty well.