NMBL vs PBDC
NovaTide Flexible Allocation ETF against Putnam BDC Income ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
6%
3 shared positions
Fee gap
978 bp
NMBL is cheaper
1-year return gap
—
Larger fund
PBDC
$262M
Side by side
| NMBL | PBDC | |
|---|---|---|
| Fund | NovaTide Flexible Allocation ETF | Putnam BDC Income ETF |
| Issuer | NovaTide | Putnam |
| Category | Allocation | Bank Loans & CLOs |
| Expense ratio | 1.99% | 11.77% |
| Assets | $22M | $262M |
| Average daily dollar volume | $15K | $2.6M |
| Listed | Oct 30, 2025 | Sep 29, 2022 |
| FrenzyCap score | 10 | 30 |
| 1-month return | −3.4% | −7.2% |
| 3-month return | +1.2% | −3.3% |
| Year to date | +3.4% | −17.3% |
| 1-year return | — | −17.0% |
| 30-day volatility | 11.3% | 19.2% |
| Worst drawdown, 1 year | −8.1% | −23.0% |
| Trailing 12-month yield | 0.90% | 11.72% |
| Holdings | 42 | 28 |
| Top 10 weight | 57.4% | 71.4% |
| Look-through P/E | 16.6 | 15.3 |
| Holdings vs fair value | +27.2% | +47.6% |
| Holdings above 200-day average | 20% | 12% |
| Net flow, latest 3 reported months | +$650K thru May 2026 | — |
| 30-day implied volatility | — | — |
| Holdings as of | as of May 31, 2026SEC filing | as of Oct 22, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
6% of NMBL · 8% of PBDC
Sector mix of the stock holdings
| Sector | NMBL | PBDC | Gap |
|---|---|---|---|
| Technology | 1.4% | 0.0% | +1.4% |
| Consumer Discretionary | 0.7% | 0.0% | +0.7% |
| Financials | 0.4% | 0.0% | +0.4% |
More: full overlap table · NMBL holdings · PBDC holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.