PFUT vs. FELG ETF Comparison

Comparison of Putnam Sustainable Future ETF (PFUT) to Fidelity Enhanced Large Cap Growth ETF (FELG)

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

FELG

Fidelity Enhanced Large Cap Growth ETF

FELG Description

The fund will invest at least 80% of assets in common stocks included in the Russell 1000® Growth Index, which is a market capitalization-weighted index designed to measure the performance of the large-cap growth segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.54

Average Daily Volume

218,971

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PFUT	FELG
30 Days	5.25%	3.26%
60 Days	5.80%	5.11%
90 Days	7.43%	6.08%
12 Months	33.33%	36.88%

12 Overlapping Holdings

Symbol	Grade	Weight in PFUT	Weight in FELG	Overlap
ADBE	C	1.32%	1.29%	1.29%
AMAT	F	1.38%	0.94%	0.94%
CMG	B	1.15%	0.77%	0.77%
CTAS	B	1.2%	0.66%	0.66%
ECL	D	0.77%	0.7%	0.7%
IDXX	F	1.22%	0.39%	0.39%
ISRG	A	2.01%	0.1%	0.1%
MA	C	1.69%	2.02%	1.69%
MSCI	C	1.83%	0.26%	0.26%
NOW	A	1.51%	0.51%	0.51%
UBER	D	0.96%	0.98%	0.96%
ZBRA	B	1.23%	0.09%	0.09%

PFUT Overweight 66 Positions Relative to FELG

Symbol	Grade	Weight
ROP	B	2.09%
TMO	F	2.06%
VRT	B	2.05%
DHR	F	1.99%
SFM	A	1.94%
IT	C	1.87%
FSS	B	1.85%
FICO	B	1.8%
DDOG	A	1.78%
NEE	D	1.77%
CEG	D	1.77%
HASI	D	1.72%
XYL	D	1.71%
PWR	A	1.68%
CWST	A	1.62%
ICLR	D	1.53%
PINS	D	1.52%
REGN	F	1.48%
RMD	C	1.45%
TPG	A	1.4%
MTN	C	1.38%
CDNS	B	1.38%
COF	B	1.35%
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%
DAR	C	1.22%
FWRG	C	1.21%
ZTS	D	1.19%
ASML	F	1.17%
ADI	D	1.15%
HQY	B	1.11%
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%
VERX	B	1.03%
ALTR	B	0.99%
SUM	B	0.98%
HAE	C	0.98%
SNPS	B	0.94%
COIN	C	0.93%
CNM	D	0.92%
FSLR	F	0.87%
VRRM	D	0.78%
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%
SGBX	F	0.49%
AZN	D	0.49%
DXCM	D	0.46%
TWST	D	0.43%
RCKT	F	0.29%
CMPS	F	0.25%

PFUT Underweight 67 Positions Relative to FELG

Symbol	Grade	Weight
AAPL	C	-12.05%
NVDA	C	-11.91%
MSFT	F	-10.23%
AMZN	C	-6.62%
META	D	-4.74%
GOOGL	C	-3.57%
TSLA	B	-3.47%
AVGO	D	-3.11%
GOOG	C	-2.52%
NFLX	A	-1.81%
LLY	F	-1.54%
MRK	F	-1.35%
V	A	-1.2%
QCOM	F	-1.12%
BKNG	A	-1.1%
ABBV	D	-0.94%
COST	B	-0.91%
ANET	C	-0.83%
LRCX	F	-0.82%
KLAC	D	-0.79%
TJX	A	-0.77%
UNP	C	-0.74%
DASH	A	-0.72%
WDAY	B	-0.71%
SQ	B	-0.66%
FTNT	C	-0.65%
MSI	B	-0.65%
TT	A	-0.63%
LMT	D	-0.62%
HD	A	-0.62%
CRM	B	-0.59%
SCHW	B	-0.59%
EXEL	B	-0.57%
SPG	B	-0.56%
HWM	A	-0.55%
BMY	B	-0.54%
GRMN	B	-0.54%
ANF	C	-0.52%
LYFT	C	-0.51%
ZM	B	-0.51%
TMUS	B	-0.5%
NTRA	B	-0.5%
INCY	C	-0.5%
GILD	C	-0.5%
NOC	D	-0.49%
ORCL	B	-0.46%
BBWI	D	-0.45%
DBX	B	-0.43%
MPWR	F	-0.4%
ALLE	D	-0.33%
AXON	A	-0.32%
CAT	B	-0.32%
APP	B	-0.31%
TW	A	-0.31%
TDC	D	-0.3%
NU	C	-0.19%
CLX	B	-0.18%
PEP	F	-0.15%
SCCO	F	-0.14%
WMT	A	-0.13%
MEDP	D	-0.12%
INTU	C	-0.11%
BAH	F	-0.11%
CVNA	B	-0.07%
MORN	B	-0.07%
TPL	A	-0.03%
AMD	F	-0.01%