MMSC vs. PFUT ETF Comparison

Comparison of First Trust Multi-Manager Small (MMSC) to Putnam Sustainable Future ETF (PFUT)

MMSC

First Trust Multi-Manager Small

MMSC Description

First Trust Multi-Manager Small is an exchange traded fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Driehaus Capital Management LLC and Stephens Investment Management Group. It invests in the public equity markets of global region. The fund invests in stocks of companies operating across diversified sectors. It invests in growth stocks of small cap companies, within the market capitalization range of the Russell 2000 Growth Index. The fund invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund employs external research to create its portfolio. First Trust Multi-Manager Small was formed on October 13, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$22.50

Average Daily Volume

7,151

Number of Holdings ^*

181

* 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

$26.45

Average Daily Volume

23,002

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MMSC	PFUT
30 Days	8.80%	5.25%
60 Days	9.28%	5.80%
90 Days	11.33%	7.43%
12 Months	44.17%	33.33%

9 Overlapping Holdings

Symbol	Grade	Weight in MMSC	Weight in PFUT	Overlap
ALTR	B	0.31%	0.99%	0.31%
FSS	B	0.37%	1.85%	0.37%
FWRG	C	0.3%	1.21%	0.3%
HQY	B	0.9%	1.11%	0.9%
ICLR	D	0.18%	1.53%	0.18%
SFM	A	0.97%	1.94%	0.97%
SGBX	F	1.13%	0.49%	0.49%
VERX	B	0.36%	1.03%	0.36%
VRT	B	0.51%	2.05%	0.51%

MMSC Overweight 172 Positions Relative to PFUT

Symbol	Grade	Weight
AXON	A	2.41%
BRBR	A	1.67%
CYBR	B	1.65%
CRNX	C	1.41%
AAON	B	1.39%
VRNS	D	1.29%
COHR	B	1.09%
PLMR	B	1.05%
AVAV	D	0.99%
PCVX	D	0.97%
FTI	A	0.94%
MOD	A	0.93%
KTOS	B	0.91%
FRPT	B	0.84%
CWAN	B	0.84%
GKOS	B	0.82%
MANH	D	0.82%
NTRA	B	0.8%
CW	B	0.79%
RBC	A	0.78%
RYAN	B	0.77%
GWRE	A	0.74%
XENE	D	0.73%
EZPW	A	0.72%
EXEL	B	0.71%
MNDY	C	0.7%
CVNA	B	0.68%
LGND	B	0.68%
FN	D	0.68%
HEI	B	0.67%
VSEC	C	0.66%
CVLT	B	0.66%
KNF	A	0.66%
RVLV	B	0.65%
ERJ	B	0.64%
BFAM	D	0.64%
MGNI	A	0.64%
SPSC	C	0.63%
HALO	F	0.62%
SUPN	C	0.61%
MGY	A	0.6%
FCN	D	0.59%
SMTC	B	0.59%
CRDO	B	0.58%
MMS	F	0.57%
PIPR	B	0.57%
TTEK	F	0.57%
BCPC	B	0.56%
FLS	B	0.56%
ITRI	B	0.55%
POWL	C	0.55%
ECPG	B	0.55%
MKTX	D	0.55%
WULF	C	0.54%
ICFI	F	0.53%
CR	A	0.52%
MTSI	B	0.51%
WING	D	0.51%
TMDX	F	0.51%
SITE	D	0.5%
KNSL	B	0.5%
FIX	A	0.5%
LTH	C	0.5%
SKY	A	0.5%
PZZA	D	0.49%
UPST	B	0.48%
VIRT	B	0.48%
ITGR	B	0.47%
KMPR	B	0.46%
PSN	D	0.46%
EVR	B	0.45%
STRL	B	0.45%
RGEN	D	0.45%
WVE	C	0.45%
MEDP	D	0.44%
TBBK	B	0.44%
HUBG	A	0.44%
ALSN	B	0.43%
CRS	A	0.43%
AZEK	A	0.43%
TREX	C	0.43%
SITM	B	0.42%
BROS	B	0.42%
WAL	B	0.42%
KRNT	C	0.41%
NTNX	A	0.41%
GLOB	B	0.41%
KYMR	D	0.41%
RARE	D	0.4%
LAD	A	0.4%
BOOT	D	0.39%
INTA	A	0.39%
GMED	A	0.38%
ONTO	D	0.38%
TECH	D	0.38%
SKWD	A	0.38%
NUVL	D	0.38%
IRTC	D	0.37%
RYTM	C	0.37%
TENB	C	0.37%
TOST	B	0.37%
RBRK	A	0.36%
MRUS	F	0.35%
MOG.A	B	0.35%
PRO	C	0.35%
S	B	0.35%
UEC	B	0.35%
HSTM	B	0.35%
WIX	B	0.34%
LNN	B	0.34%
ASO	F	0.34%
RNA	D	0.34%
ITCI	C	0.33%
EME	C	0.33%
BMI	B	0.33%
NEOG	F	0.33%
AZTA	D	0.32%
IBP	D	0.31%
ACHC	F	0.31%
BLFS	C	0.31%
OLLI	D	0.31%
RMBS	C	0.31%
HCI	C	0.3%
RXO	C	0.3%
SDGR	C	0.3%
CIEN	B	0.3%
AIT	A	0.29%
LRN	A	0.29%
MEG	F	0.29%
LNTH	D	0.29%
SHAK	C	0.28%
PSTG	D	0.28%
WHD	B	0.27%
COMP	B	0.27%
ALKT	B	0.27%
POWI	D	0.27%
AMRC	F	0.26%
CGNX	C	0.26%
SAIA	B	0.26%
BWXT	B	0.26%
JBT	B	0.26%
GNRC	B	0.26%
ROAD	A	0.26%
LSCC	D	0.25%
AMBA	B	0.25%
TNDM	F	0.25%
ANF	C	0.25%
CHEF	A	0.25%
LASR	D	0.25%
SLAB	D	0.24%
MTH	D	0.24%
EWTX	C	0.24%
ESI	A	0.24%
QNST	B	0.24%
FIVE	F	0.23%
PI	D	0.23%
BECN	B	0.22%
ASPN	F	0.2%
BRZE	C	0.19%
ZETA	D	0.17%
MAX	F	0.17%
DNUT	D	0.16%
AGYS	A	0.16%
KRYS	B	0.16%
ENVX	F	0.15%
PODD	C	0.15%
RXST	F	0.14%
PTCT	B	0.13%
OSCR	D	0.11%
CELH	F	0.1%
CSWI	A	0.07%
INSM	C	0.06%

MMSC Underweight 69 Positions Relative to PFUT

Symbol	Grade	Weight
ROP	B	-2.09%
TMO	F	-2.06%
ISRG	A	-2.01%
DHR	F	-1.99%
IT	C	-1.87%
MSCI	C	-1.83%
FICO	B	-1.8%
DDOG	A	-1.78%
NEE	D	-1.77%
CEG	D	-1.77%
HASI	D	-1.72%
XYL	D	-1.71%
MA	C	-1.69%
PWR	A	-1.68%
CWST	A	-1.62%
PINS	D	-1.52%
NOW	A	-1.51%
REGN	F	-1.48%
RMD	C	-1.45%
TPG	A	-1.4%
MTN	C	-1.38%
CDNS	B	-1.38%
AMAT	F	-1.38%
COF	B	-1.35%
ADBE	C	-1.32%
STX	D	-1.3%
EXAS	D	-1.29%
HUBS	A	-1.28%
GPK	C	-1.28%
RRX	B	-1.27%
WY	D	-1.26%
CPB	D	-1.25%
ZBRA	B	-1.23%
IDXX	F	-1.22%
DAR	C	-1.22%
CTAS	B	-1.2%
ZTS	D	-1.19%
ASML	F	-1.17%
CMG	B	-1.15%
ADI	D	-1.15%
PEN	B	-1.1%
ONON	A	-1.08%
MTD	D	-1.07%
LULU	C	-1.04%
LEVI	F	-1.04%
TRMB	B	-1.04%
VRSK	A	-1.03%
SUM	B	-0.98%
HAE	C	-0.98%
UBER	D	-0.96%
SNPS	B	-0.94%
COIN	C	-0.93%
CNM	D	-0.92%
FSLR	F	-0.87%
VRRM	D	-0.78%
ECL	D	-0.77%
ESTC	C	-0.75%
KKR	A	-0.64%
BMRN	D	-0.64%
URI	B	-0.62%
ARGX	A	-0.6%
GEV	B	-0.56%
PL	A	-0.54%
ASND	D	-0.52%
AZN	D	-0.49%
DXCM	D	-0.46%
TWST	D	-0.43%
RCKT	F	-0.29%
CMPS	F	-0.25%