LOWV vs. PGRO ETF Comparison

Comparison of AB US Low Volatility Equity ETF (LOWV) to Putnam Focused Large Cap Growth ETF (PGRO)

LOWV

AB US Low Volatility Equity ETF

LOWV Description

The fund is an actively-managed exchange-traded fund ("ETF"). The adviser seeks to achieve the fund"s investment objective by investing, under normal circumstances, at least 80% of its net assets in the equity securities of U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$71.64

Average Daily Volume

7,408

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PGRO

Putnam Focused Large Cap Growth ETF

PGRO Description

The investment seeks capital appreciation. The fund invests mainly in common stocks of large U.S. companies, with a focus on growth stocks. Under normal circumstances, it invests at least 80% of the fundâs net assets in companies of a size similar to those in the Russell 1000 Growth Index. The fundâs investment manager, Putnam Investment Management, LLC (Putnam Management) may consider, among other factors, a companyâs valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends when deciding whether to buy or sell investments. It is non-diversified.

Grade (RS Rating)

Last Trade

$37.79

Average Daily Volume

4,000

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LOWV	PGRO
30 Days	1.62%	3.67%
60 Days	2.39%	5.17%
90 Days	4.17%	7.43%
12 Months	24.87%	35.58%

14 Overlapping Holdings

Symbol	Grade	Weight in LOWV	Weight in PGRO	Overlap
AAPL	C	3.95%	10.56%	3.95%
AMAT	F	0.6%	0.89%	0.6%
AMZN	C	1.91%	8.29%	1.91%
AVGO	D	3.28%	4.22%	3.28%
CRM	B	0.33%	2.23%	0.33%
LLY	F	0.89%	3.17%	0.89%
MA	C	1.18%	3.41%	1.18%
META	D	1.64%	4.33%	1.64%
MSFT	F	8.14%	11.64%	8.14%
NOW	A	1.17%	1.45%	1.17%
NVDA	C	2.24%	12.01%	2.24%
ORCL	B	2.33%	2.18%	2.18%
SHW	A	1.02%	1.36%	1.02%
V	A	1.96%	1.99%	1.96%

LOWV Overweight 60 Positions Relative to PGRO

Symbol	Grade	Weight
GOOG	C	4.91%
FI	A	2.47%
UNH	C	2.09%
ABBV	D	2.05%
PM	B	1.91%
MCK	B	1.74%
MRK	F	1.73%
ADP	B	1.73%
INTU	C	1.7%
JPM	A	1.59%
AZO	C	1.49%
ADBE	C	1.41%
MMC	B	1.34%
KO	D	1.34%
AEP	D	1.33%
GILD	C	1.26%
CMCSA	B	1.26%
BAC	A	1.23%
LHX	C	1.14%
DOX	D	1.14%
PG	A	1.11%
CBOE	B	1.1%
LULU	C	1.08%
G	B	1.06%
EG	C	1.05%
ACM	A	0.96%
CI	F	0.96%
BKNG	A	0.96%
NYT	C	0.9%
EA	A	0.89%
YUM	B	0.89%
VRTX	F	0.86%
MDT	D	0.85%
RELX	C	0.83%
WMT	A	0.82%
GEN	B	0.81%
WTW	B	0.79%
PGR	A	0.79%
AEE	A	0.77%
NTAP	C	0.74%
PSA	D	0.73%
ETN	A	0.66%
XOM	B	0.66%
LMT	D	0.64%
DLB	B	0.64%
MSCI	C	0.63%
MTB	A	0.61%
ADI	D	0.6%
RGA	A	0.6%
LDOS	C	0.55%
CL	D	0.54%
AFG	A	0.5%
ORLY	B	0.48%
TSM	B	0.48%
PAYX	C	0.46%
SPGI	C	0.41%
FR	C	0.39%
NICE	C	0.29%
TMO	F	0.29%
VZ	C	0.22%

LOWV Underweight 19 Positions Relative to PGRO

Symbol	Grade	Weight
GOOGL	C	-5.39%
NFLX	A	-2.33%
ISRG	A	-1.93%
CDNS	B	-1.91%
UBER	D	-1.54%
TSLA	B	-1.53%
AMT	D	-1.46%
CMG	B	-1.42%
TT	A	-1.41%
WCN	A	-1.35%
SBUX	A	-1.2%
DHR	F	-1.13%
TDG	D	-1.0%
LYV	A	-0.99%
CPRT	A	-0.87%
SPOT	B	-0.87%
DKNG	B	-0.84%
CSGP	D	-0.75%
IDXX	F	-0.62%