AWEG vs. PVAL ETF Comparison

Comparison of Alger Weatherbie Enduring Growth ETF (AWEG) to Putnam Focused Large Cap Value ETF (PVAL)

AWEG

Alger Weatherbie Enduring Growth ETF

AWEG Description

The fund invests primarily in equity securities of mid-cap growth companies with an environmental, social and governance ("ESG") rating of medium or better, as rated by Sustainalytics, a third-party ESG rating agency, at the time of purchase. Under normal circumstances, 80% of companies in the fund"s portfolio, based on net assets, will have a Sustainalytics ESG rating. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.02

Average Daily Volume

170

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PVAL

Putnam Focused Large Cap Value ETF

PVAL Description

The investment seeks to provide investment results that closely correspond, before expenses, to the performance of the Nasdaq U.S. Contrarian Value Index (the index). Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies that compose the index at the time of purchase. The index uses a quantitative model designed to identify equity securities in the Nasdaq US Large Mid Cap Index (the parent index) that appear to be undervalued by the market relative to their fundamental value.

Grade (RS Rating)

Last Trade

$39.30

Average Daily Volume

305,650

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AWEG	PVAL
30 Days	8.09%	2.64%
60 Days	8.41%	3.97%
90 Days	8.23%	5.68%
12 Months	36.90%	33.59%

0 Overlapping Holdings

	Symbol	Grade	Weight in AWEG	Weight in PVAL	Overlap

AWEG Overweight 24 Positions Relative to PVAL

Symbol	Grade	Weight
TDG	D	11.7%
CWST	A	6.43%
GKOS	B	4.99%
STEP	C	4.87%
TNDM	D	4.84%
WCN	A	4.8%
HEI	A	4.66%
PCTY	C	3.92%
NEOG	F	3.62%
HUBS	A	3.14%
OLLI	D	2.99%
SPSC	D	2.94%
ACAD	C	2.9%
MEG	F	2.87%
XPO	B	2.86%
UPST	B	2.77%
RXO	D	2.64%
HLNE	B	2.11%
NCNO	C	2.09%
PGNY	F	2.07%
SITE	F	2.02%
AGYS	A	1.77%
NTRA	A	1.44%
TTD	B	1.41%

AWEG Underweight 44 Positions Relative to PVAL

Symbol	Grade	Weight
WMT	A	-4.2%
XOM	B	-3.89%
TMO	F	-3.56%
C	A	-3.55%
BAC	A	-3.44%
ORCL	A	-3.33%
UNH	B	-3.27%
KO	D	-2.91%
NXPI	D	-2.76%
PHM	D	-2.69%
HLT	A	-2.66%
COF	C	-2.6%
SNY	F	-2.58%
MSFT	D	-2.48%
FCX	F	-2.38%
LUV	C	-2.37%
FDX	B	-2.37%
GLPI	C	-2.3%
COP	C	-2.28%
APO	B	-2.25%
NOC	D	-2.21%
MCK	A	-2.14%
IR	B	-2.13%
AIG	B	-2.11%
GS	A	-2.03%
PM	B	-2.0%
NEE	C	-1.92%
PPL	A	-1.78%
GM	C	-1.75%
QCOM	F	-1.72%
AZN	F	-1.71%
BJ	A	-1.67%
SCHW	B	-1.59%
JCI	B	-1.52%
NRG	B	-1.49%
TMUS	B	-1.49%
EMN	C	-1.45%
REGN	F	-1.44%
ABBV	F	-1.43%
VLO	C	-1.37%
BALL	F	-1.37%
CTVA	C	-1.35%
URI	C	-1.17%
CHTR	C	-0.94%