PFUT vs. IGV ETF Comparison

Comparison of Putnam Sustainable Future ETF (PFUT) to iShares Expanded Tech-Software Sector ETF (IGV)

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

IGV

iShares Expanded Tech-Software Sector ETF

IGV Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P North American Technology Software IndexTM (the "underlying index"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of U.S.-traded stocks of software-related companies in the United States and Canada. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$106.04

Average Daily Volume

3,799,024

Number of Holdings ^*

109

* may have additional holdings in another (foreign) market

Performance

Period	PFUT	IGV
30 Days	5.25%	16.80%
60 Days	5.80%	18.87%
90 Days	7.43%	22.77%
12 Months	33.33%	39.74%

11 Overlapping Holdings

Symbol	Grade	Weight in PFUT	Weight in IGV	Overlap
ADBE	C	1.27%	6.5%	1.27%
ALTR	B	1.12%	0.22%	0.22%
CDNS	B	1.46%	2.91%	1.46%
DDOG	A	2.02%	1.43%	1.43%
FICO	B	1.1%	1.99%	1.1%
GWRE	A	0.52%	0.57%	0.52%
HUBS	A	1.39%	1.25%	1.25%
NOW	A	1.64%	7.13%	1.64%
ROP	B	2.1%	2.12%	2.1%
SNPS	B	0.98%	2.94%	0.98%
VERX	B	1.15%	0.09%	0.09%

PFUT Overweight 68 Positions Relative to IGV

Symbol	Grade	Weight
ISRG	A	2.13%
VRT	B	2.09%
SFM	A	2.07%
IT	C	1.92%
TMO	F	1.88%
VRSK	A	1.88%
CEG	D	1.86%
MSCI	C	1.86%
DHR	F	1.83%
MA	C	1.77%
NEE	D	1.72%
TPG	A	1.71%
FSS	B	1.67%
XYL	D	1.6%
PWR	A	1.58%
PINS	D	1.54%
COF	B	1.52%
HASI	D	1.52%
RMD	C	1.49%
CWST	A	1.38%
EXAS	D	1.36%
MTN	C	1.36%
FWRG	C	1.36%
PEN	B	1.34%
DAR	C	1.33%
RRX	B	1.32%
ZBRA	B	1.31%
GPK	C	1.27%
CTAS	B	1.25%
CPB	D	1.24%
STX	D	1.24%
SUM	B	1.23%
ICLR	D	1.22%
HQY	B	1.2%
WY	D	1.2%
COIN	C	1.19%
ADI	D	1.16%
ZTS	D	1.13%
ONON	A	1.06%
AMAT	F	1.05%
TRMB	B	1.05%
IDXX	F	1.01%
CMG	B	0.99%
ASML	F	0.98%
MTD	D	0.96%
CNM	D	0.95%
UBER	D	0.95%
LULU	C	0.94%
LEVI	F	0.85%
TTEK	F	0.79%
VRRM	D	0.76%
NRG	B	0.76%
HAS	D	0.76%
REGN	F	0.73%
AZN	D	0.7%
KKR	A	0.7%
GEV	B	0.69%
ARGX	A	0.67%
BMRN	D	0.62%
FSLR	F	0.61%
PL	A	0.55%
ECL	D	0.51%
SGBX	F	0.51%
ASND	D	0.44%
TWST	D	0.4%
URI	B	0.38%
RCKT	F	0.27%
CMPS	F	0.19%

PFUT Underweight 98 Positions Relative to IGV

Symbol	Grade	Weight
CRM	B	-9.42%
ORCL	B	-8.34%
MSFT	F	-7.19%
PANW	C	-4.35%
PLTR	B	-4.17%
INTU	C	-4.13%
CRWD	B	-2.79%
ADSK	A	-2.31%
APP	B	-2.13%
FTNT	C	-2.1%
WDAY	B	-2.02%
MSTR	C	-2.0%
TEAM	A	-1.39%
EA	A	-1.38%
TTWO	A	-1.04%
ANSS	B	-1.04%
TYL	B	-0.92%
PTC	A	-0.8%
ZM	B	-0.76%
ZS	C	-0.68%
NTNX	A	-0.61%
MANH	D	-0.6%
DOCU	A	-0.58%
GEN	B	-0.57%
DT	C	-0.56%
SNAP	C	-0.4%
IOT	A	-0.36%
BILL	A	-0.3%
S	B	-0.28%
PCOR	B	-0.27%
ESTC	C	-0.27%
SMAR	A	-0.27%
BSY	D	-0.26%
CVLT	B	-0.26%
GTLB	B	-0.25%
CFLT	B	-0.25%
DBX	B	-0.23%
AZPN	A	-0.23%
SPSC	C	-0.23%
MARA	C	-0.22%
VRNS	D	-0.21%
QTWO	A	-0.21%
CWAN	B	-0.2%
PATH	C	-0.2%
ACIW	B	-0.2%
AUR	C	-0.19%
APPF	B	-0.19%
U	C	-0.19%
QLYS	C	-0.19%
HCP	B	-0.18%
WK	B	-0.17%
CCCS	B	-0.17%
TENB	C	-0.17%
BOX	B	-0.17%
IDCC	A	-0.16%
DLB	B	-0.15%
PEGA	A	-0.14%
NCNO	B	-0.13%
BLKB	B	-0.12%
CLSK	C	-0.12%
ZETA	D	-0.12%
RNG	B	-0.11%
BL	B	-0.11%
RIOT	C	-0.11%
INTA	A	-0.1%
DV	C	-0.1%
TDC	D	-0.1%
PRGS	A	-0.1%
AI	B	-0.1%
FIVN	C	-0.1%
FRSH	C	-0.1%
ALRM	C	-0.1%
YOU	D	-0.09%
RPD	C	-0.09%
ENV	B	-0.09%
AGYS	A	-0.09%
BRZE	C	-0.08%
ALKT	B	-0.08%
PD	C	-0.07%
RAMP	C	-0.07%
VYX	B	-0.07%
AVPT	A	-0.06%
MTTR	B	-0.05%
ZUO	B	-0.05%
SPT	C	-0.05%
VRNT	C	-0.05%
APPN	B	-0.05%
PRO	C	-0.04%
ASAN	C	-0.04%
ATEN	B	-0.04%
ADEA	D	-0.04%
SWI	B	-0.03%
NABL	F	-0.03%
CXM	C	-0.03%
JAMF	F	-0.03%
SEMR	B	-0.02%
MLNK	B	-0.02%
ETWO	F	-0.02%