PFUT vs. FPX ETF Comparison

Comparison of Putnam Sustainable Future ETF (PFUT) to First Trust IPOX-100 Index Fund (FPX)

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

$26.12

Average Daily Volume

22,851

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FPX

First Trust IPOX-100 Index Fund

FPX Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the IPOX(R)-100 U.S. Index. The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a modified, value-weighted price index measuring the performance of the top U.S. companies ranked quarterly by market capitalization in the IPOX(R) Global Composite Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$126.37

Average Daily Volume

14,706

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PFUT	FPX
30 Days	3.10%	11.56%
60 Days	4.34%	14.31%
90 Days	6.07%	21.86%
12 Months	31.64%	45.20%

10 Overlapping Holdings

Symbol	Grade	Weight in PFUT	Weight in FPX	Overlap
CEG	C	1.77%	3.51%	1.77%
COIN	C	0.93%	1.38%	0.93%
GEV	B	0.56%	3.56%	0.56%
HQY	A	1.11%	0.91%	0.91%
REGN	F	1.48%	4.46%	1.48%
SGBX	F	0.49%	0.27%	0.27%
TPG	A	1.4%	1.64%	1.4%
VERX	A	1.03%	0.92%	0.92%
VRRM	F	0.78%	0.15%	0.15%
VRT	B	2.05%	1.54%	1.54%

PFUT Overweight 68 Positions Relative to FPX

Symbol	Grade	Weight
ROP	B	2.09%
TMO	F	2.06%
ISRG	A	2.01%
DHR	F	1.99%
SFM	A	1.94%
IT	C	1.87%
FSS	B	1.85%
MSCI	C	1.83%
FICO	B	1.8%
DDOG	A	1.78%
NEE	C	1.77%
HASI	D	1.72%
XYL	D	1.71%
MA	B	1.69%
PWR	A	1.68%
CWST	A	1.62%
ICLR	D	1.53%
PINS	F	1.52%
NOW	A	1.51%
RMD	C	1.45%
MTN	C	1.38%
CDNS	B	1.38%
AMAT	F	1.38%
COF	C	1.35%
ADBE	C	1.32%
STX	C	1.3%
EXAS	D	1.29%
HUBS	A	1.28%
GPK	C	1.28%
RRX	B	1.27%
WY	F	1.26%
CPB	D	1.25%
ZBRA	B	1.23%
IDXX	F	1.22%
DAR	C	1.22%
FWRG	C	1.21%
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	F	1.07%
LULU	C	1.04%
LEVI	F	1.04%
TRMB	B	1.04%
VRSK	A	1.03%
ALTR	B	0.99%
SUM	B	0.98%
HAE	C	0.98%
UBER	F	0.96%
SNPS	B	0.94%
CNM	D	0.92%
FSLR	F	0.87%
ECL	D	0.77%
ESTC	C	0.75%
KKR	A	0.64%
BMRN	F	0.64%
URI	C	0.62%
ARGX	B	0.6%
PL	B	0.54%
ASND	F	0.52%
AZN	F	0.49%
DXCM	C	0.46%
TWST	F	0.43%
RCKT	F	0.29%
CMPS	F	0.25%

PFUT Underweight 74 Positions Relative to FPX

Symbol	Grade	Weight
IOT	A	-6.76%
CARR	C	-6.73%
PLTR	B	-6.59%
APP	B	-5.68%
DASH	B	-4.27%
KVUE	A	-3.15%
CRWD	B	-2.52%
DUOL	A	-2.51%
RBLX	C	-2.04%
ABNB	C	-1.69%
DTM	A	-1.54%
HOOD	B	-1.42%
PCVX	D	-1.22%
CR	A	-1.19%
DKNG	B	-1.19%
VLTO	C	-1.01%
OWL	A	-0.99%
RKT	F	-0.92%
RYAN	A	-0.92%
CRBG	B	-0.9%
TOST	B	-0.9%
JXN	C	-0.9%
RDDT	A	-0.87%
SNOW	B	-0.86%
KNF	B	-0.85%
FNF	B	-0.83%
ESAB	C	-0.76%
NRG	B	-0.75%
GEHC	D	-0.75%
UTHR	C	-0.68%
AZEK	A	-0.67%
THC	D	-0.62%
COHR	B	-0.61%
NSIT	F	-0.59%
DOCS	C	-0.58%
COOP	B	-0.56%
KNTK	A	-0.54%
GKOS	B	-0.53%
NUVL	C	-0.47%
SOLV	D	-0.47%
CNX	A	-0.46%
OSCR	D	-0.45%
ACT	C	-0.42%
PSN	D	-0.42%
ACLX	C	-0.41%
NPAB	F	-0.37%
FOUR	A	-0.35%
PRCT	B	-0.35%
RVMD	C	-0.34%
SLVM	B	-0.34%
LNW	F	-0.33%
RBRK	A	-0.32%
STEP	C	-0.31%
BROS	A	-0.29%
BSY	F	-0.29%
CRDO	B	-0.28%
PECO	A	-0.28%
ROIV	C	-0.27%
KYMR	D	-0.24%
RNA	C	-0.23%
TMDX	F	-0.23%
ITRI	C	-0.21%
KRYS	C	-0.2%
LTH	C	-0.19%
KROS	D	-0.18%
PHIN	A	-0.18%
INTA	B	-0.17%
OGN	F	-0.16%
ZETA	D	-0.16%
GRND	B	-0.15%
RXST	F	-0.14%
ACVA	B	-0.13%
DYN	F	-0.12%
FA	C	-0.1%