MRGR vs. PFUT ETF Comparison

Comparison of ProShares Merger ETF (MRGR) to Putnam Sustainable Future ETF (PFUT)
MRGR

ProShares Merger ETF

MRGR Description

The investment seeks investment results, before fees and expenses, that track the performance of the S&P Merger Arbitrage Index (the "index"). The fund is designed to track the performance of the index and provide exposure to a global merger arbitrage strategy. The index, and by extension the fund, seeks to produce consistent, positive returns in virtually all market environments, although there are no assurances it will achieve this result. The fund is non-diversified. The index seeks to provide a risk arbitrage strategy that exploits commonly observed price changes associated with a global selection of publicly announced mergers, acquisitions and other corporate reorganizations. Historically, the index has exhibited market neutral characteristics, lower volatility compared to the S&P 500, and a low correlation to S&P 500 returns.

Grade (RS Rating)

Last Trade

$40.00

Average Daily Volume

593

Number of Holdings *

32

* may have additional holdings in another (foreign) market
PFUT

Putnam Sustainable Future ETF

PFUT Description The investment seeks long-term capital appreciation. The fund invests mainly in common stocks of U.S. companies of any size, with a focus on companies whose products and services provide solutions that directly contribute to sustainable social, environmental and economic development (Impact Companies). Under normal circumstances, the fund invests at least 80% of the value of its net assets in securities that meet Putnam Management?s sustainability criteria. In applying these criteria, Putnam Management will assign each company a proprietary environmental, social and/or corporate governance (ESG) rating ranging from 1 to 4.

Grade (RS Rating)

Last Trade

$24.07

Average Daily Volume

29,090

Number of Holdings *

67

* may have additional holdings in another (foreign) market
Performance
Period MRGR PFUT
30 Days -0.01% 4.90%
60 Days -0.72% -1.18%
90 Days -0.46% 0.52%
12 Months 7.00% 31.85%
0 Overlapping Holdings
Symbol Grade Weight in MRGR Weight in PFUT Overlap
MRGR Overweight 32 Positions Relative to PFUT
Symbol Grade Weight
WRK A 3.36%
EVBG D 2.92%
ETRN A 2.92%
HTLF C 2.52%
SBOW B 2.48%
SWAV A 2.47%
EDR A 2.45%
FUSN A 2.44%
AIRC A 2.43%
MODN B 2.42%
HCP B 2.41%
DCPH A 2.4%
PRFT B 2.4%
SQSP A 2.39%
HIBB A 2.39%
ANSS D 2.39%
AMK D 2.38%
ALE B 2.37%
CERE D 2.36%
DFS D 2.35%
AXNX D 2.32%
SLCA B 2.32%
WIRE C 2.28%
IBTX B 2.28%
INBX D 2.24%
HA B 2.2%
JNPR D 2.19%
HES D 2.16%
CTLT D 2.16%
MGRC D 2.12%
CHX D 2.02%
X D 1.72%
MRGR Underweight 67 Positions Relative to PFUT
Symbol Grade Weight
CTAS C -3.33%
DXCM D -2.89%
CEG B -2.46%
FSS B -2.38%
CRWD B -2.37%
ROP C -2.31%
MTD C -2.27%
RMD C -2.21%
CMG B -2.19%
TMO C -2.13%
AMAT A -2.1%
ASML B -2.09%
SFM B -2.08%
IDXX C -2.07%
DHR B -2.0%
MSCI F -1.99%
NOW C -1.98%
CWST A -1.98%
FICO B -1.94%
NVDA A -1.91%
ISRG A -1.81%
MA D -1.81%
ICLR B -1.75%
PWR B -1.75%
HUBS C -1.74%
REGN B -1.71%
IT D -1.66%
PINS B -1.54%
ZTS C -1.53%
CDNS C -1.45%
HASI B -1.39%
LEVI A -1.37%
RRX F -1.35%
ECL B -1.26%
ADBE F -1.26%
ALTR B -1.26%
FWRG D -1.19%
CNM C -1.17%
ONON A -1.16%
URI C -1.13%
LULU F -1.1%
EXAS F -1.09%
HQY D -1.08%
DT D -1.08%
TRMB D -1.06%
SNPS B -1.04%
TPG D -0.98%
UBER D -0.96%
GPK C -0.89%
VRRM C -0.86%
WY F -0.81%
FSLR A -0.79%
PEN F -0.77%
PANW C -0.73%
TEAM F -0.73%
XYL B -0.7%
VEEV D -0.7%
DAR F -0.63%
COF D -0.61%
PL F -0.59%
MTN F -0.54%
ASND D -0.51%
VERX B -0.5%
TWST C -0.44%
ULTA F -0.42%
RCKT F -0.42%
CMPS F -0.32%
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