ALAI vs. PFUT ETF Comparison
Comparison of Alger AI Enablers & Adopters ETF (ALAI) to Putnam Sustainable Future ETF (PFUT)
ALAI
Alger AI Enablers & Adopters ETF
ALAI Description
ALAI focuses on equity securities of firms benefiting from artificial intelligence (AI), targeting both AI Enablersthose developing components for and investing in AI infrastructureand AI Adoptersthose integrating AI to enhance their operations. The fund manager employs fundamental research to select securities, considering factors like revenue, resources devoted to AI, and market share estimates. This process assesses a firms involvement with AI and its potential impact on stock performance in the next one to three years. Additionally, ALAI actively seeks companies experiencing Positive Dynamic Change, or those demonstrating high unit volume growth or significant lifecycle shifts. Investments span all market capitalizations, with at least 25% in AI-related industries like technology, retail, and media. The fund may also include foreign securities and hold cash or equivalents during market volatility or when awaiting investment opportunities. ALAI aims to identify firms at the forefront of AI adoption, striving for sustainable long-term growth.
Grade (RS Rating)
Last Trade
$26.10
Average Daily Volume
10,268
41
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
$26.45
Average Daily Volume
23,002
79
Performance
| Period | ALAI | PFUT |
|---|---|---|
| 30 Days | 9.25% | 5.25% |
| 60 Days | 13.38% | 5.80% |
| 90 Days | 18.43% | 7.43% |
| 12 Months | 33.33% |
13 Overlapping Holdings
| Symbol | Grade | Weight in ALAI | Weight in PFUT | Overlap | |
|---|---|---|---|---|---|
| ADBE | C | 1.2% | 1.27% | 1.2% | |
| ASML | F | 0.81% | 0.98% | 0.81% | |
| CDNS | B | 0.56% | 1.46% | 0.56% | |
| CEG | D | 1.69% | 1.86% | 1.69% | |
| HUBS | A | 0.2% | 1.39% | 0.2% | |
| ISRG | A | 1.4% | 2.13% | 1.4% | |
| NEE | D | 0.27% | 1.72% | 0.27% | |
| NOW | A | 0.68% | 1.64% | 0.68% | |
| NRG | B | 1.02% | 0.76% | 0.76% | |
| PINS | D | 0.79% | 1.54% | 0.79% | |
| PWR | A | 0.28% | 1.58% | 0.28% | |
| UBER | D | 0.47% | 0.95% | 0.47% | |
| VRT | B | 2.18% | 2.09% | 2.09% |
ALAI Overweight 28 Positions Relative to PFUT
| Symbol | Grade | Weight | |
|---|---|---|---|
| MSFT | F | 11.86% | |
| AAPL | C | 11.09% | |
| NVDA | C | 10.98% | |
| AMZN | C | 8.81% | |
| META | D | 6.72% | |
| APP | B | 4.79% | |
| AVGO | D | 4.14% | |
| SPGI | C | 2.88% | |
| TSM | B | 2.57% | |
| GOOG | C | 2.33% | |
| DKNG | B | 1.77% | |
| MELI | D | 1.45% | |
| UNH | C | 1.42% | |
| EQIX | A | 1.34% | |
| NFLX | A | 1.34% | |
| AMD | F | 1.01% | |
| SPOT | B | 1.0% | |
| MU | D | 0.88% | |
| SE | B | 0.8% | |
| NTRA | B | 0.74% | |
| TSLA | B | 0.63% | |
| DELL | C | 0.58% | |
| MRVL | B | 0.48% | |
| DLR | B | 0.45% | |
| TTD | B | 0.43% | |
| WMT | A | 0.31% | |
| SHOP | B | 0.24% | |
| JPM | A | 0.22% |
ALAI Underweight 66 Positions Relative to PFUT
| Symbol | Grade | Weight | |
|---|---|---|---|
| ROP | B | -2.1% | |
| SFM | A | -2.07% | |
| DDOG | A | -2.02% | |
| IT | C | -1.92% | |
| TMO | F | -1.88% | |
| VRSK | A | -1.88% | |
| MSCI | C | -1.86% | |
| DHR | F | -1.83% | |
| MA | C | -1.77% | |
| TPG | A | -1.71% | |
| FSS | B | -1.67% | |
| XYL | D | -1.6% | |
| COF | B | -1.52% | |
| HASI | D | -1.52% | |
| RMD | C | -1.49% | |
| CWST | A | -1.38% | |
| EXAS | D | -1.36% | |
| MTN | C | -1.36% | |
| FWRG | C | -1.36% | |
| PEN | B | -1.34% | |
| DAR | C | -1.33% | |
| RRX | B | -1.32% | |
| ZBRA | B | -1.31% | |
| GPK | C | -1.27% | |
| CTAS | B | -1.25% | |
| CPB | D | -1.24% | |
| STX | D | -1.24% | |
| SUM | B | -1.23% | |
| ICLR | D | -1.22% | |
| HQY | B | -1.2% | |
| WY | D | -1.2% | |
| COIN | C | -1.19% | |
| ADI | D | -1.16% | |
| VERX | B | -1.15% | |
| ZTS | D | -1.13% | |
| ALTR | B | -1.12% | |
| FICO | B | -1.1% | |
| ONON | A | -1.06% | |
| AMAT | F | -1.05% | |
| TRMB | B | -1.05% | |
| IDXX | F | -1.01% | |
| CMG | B | -0.99% | |
| SNPS | B | -0.98% | |
| MTD | D | -0.96% | |
| CNM | D | -0.95% | |
| LULU | C | -0.94% | |
| LEVI | F | -0.85% | |
| TTEK | F | -0.79% | |
| VRRM | D | -0.76% | |
| HAS | D | -0.76% | |
| REGN | F | -0.73% | |
| AZN | D | -0.7% | |
| KKR | A | -0.7% | |
| GEV | B | -0.69% | |
| ARGX | A | -0.67% | |
| BMRN | D | -0.62% | |
| FSLR | F | -0.61% | |
| PL | A | -0.55% | |
| GWRE | A | -0.52% | |
| ECL | D | -0.51% | |
| SGBX | F | -0.51% | |
| ASND | D | -0.44% | |
| TWST | D | -0.4% | |
| URI | B | -0.38% | |
| RCKT | F | -0.27% | |
| CMPS | F | -0.19% |
ALAI: Top Represented Industries & Keywords
PFUT: Top Represented Industries & Keywords
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