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PHYD vs PHYL

Putnam ESG High Yield ETF vs PGIM Active High Yield Bond ETF

PHYD

Putnam ESG High Yield ETF

Annual cost

0.55%

Fund size

$8M

PHYL

PGIM Active High Yield Bond ETF

Annual cost

0.39%

Fund size

$1.3B

Key differences

  • PHYL costs 0.16% less per year.
  • PHYL is significantly larger than PHYD — larger funds tend to be more liquid and less likely to close.
  • PHYL has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PHYDPHYL
Annual cost (TER)0.55%0.39%
Fund size (AUM)$8M$1.3B
Since20232018
Dividend yield8.54%7.71%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+9.2%+8.3%
CAGR 3Y+9.3%+9.5%
CAGR 5YN/A+4.3%
Sharpe 3Y1.241.21
Volatility 1Y3.28%3.26%
Max drawdown-4.33%-22.07%

Similar to PHYD and PHYL