PFUT vs. WOMN ETF Comparison

Comparison of Putnam Sustainable Future ETF (PFUT) to Impact Shares YWCA Womenas Empowerment ETF (WOMN)

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

$26.67

Average Daily Volume

22,858

Number of Holdings ^*

* may have additional holdings in another (foreign) market

WOMN

Impact Shares YWCA Womenas Empowerment ETF

WOMN Description

The investment seeks investment results that, before fees and expenses, track the performance of the Morningstar® Women's Empowerment Index (the "underlying index"). The fund will, under normal circumstances, invest at least 80% of its total assets plus any borrowings for investment purposes (the "80% basket") in component securities of the underlying index. The underlying index is designed to measure the performance of U.S. large and mid- capitalization companies that are "empowering to women," and to exhibit risk and return characteristics similar to those of the Morningstar US Large-Mid Cap ® Index (the "parent index"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$40.12

Average Daily Volume

1,909

Number of Holdings ^*

198

* may have additional holdings in another (foreign) market

Performance

Period	PFUT	WOMN
30 Days	6.27%	3.83%
60 Days	5.99%	4.40%
90 Days	8.45%	6.50%
12 Months	34.18%	27.85%

14 Overlapping Holdings

Symbol	Grade	Weight in PFUT	Weight in WOMN	Overlap
ADBE	C	1.27%	2.23%	1.27%
BMRN	F	0.62%	0.08%	0.08%
COF	B	1.52%	0.24%	0.24%
CPB	D	1.24%	0.05%	0.05%
ECL	D	0.51%	0.27%	0.27%
HUBS	B	1.39%	0.26%	0.26%
LULU	C	0.94%	0.29%	0.29%
MA	B	1.77%	1.77%	1.77%
NOW	B	1.64%	1.42%	1.42%
PINS	F	1.54%	0.08%	0.08%
REGN	F	0.73%	0.55%	0.55%
UBER	D	0.95%	1.22%	0.95%
VRSK	A	1.88%	0.17%	0.17%
XYL	D	1.6%	0.15%	0.15%

PFUT Overweight 65 Positions Relative to WOMN

Symbol	Grade	Weight
ISRG	C	2.13%
ROP	B	2.1%
VRT	B	2.09%
SFM	B	2.07%
DDOG	A	2.02%
IT	C	1.92%
TMO	F	1.88%
CEG	D	1.86%
MSCI	C	1.86%
DHR	D	1.83%
NEE	D	1.72%
TPG	B	1.71%
FSS	B	1.67%
PWR	A	1.58%
HASI	D	1.52%
RMD	C	1.49%
CDNS	B	1.46%
CWST	B	1.38%
EXAS	F	1.36%
MTN	C	1.36%
FWRG	C	1.36%
PEN	C	1.34%
DAR	C	1.33%
RRX	A	1.32%
ZBRA	A	1.31%
GPK	C	1.27%
CTAS	B	1.25%
STX	D	1.24%
SUM	B	1.23%
ICLR	F	1.22%
HQY	B	1.2%
WY	D	1.2%
COIN	B	1.19%
ADI	D	1.16%
VERX	A	1.15%
ZTS	D	1.13%
ALTR	B	1.12%
FICO	B	1.1%
ONON	B	1.06%
AMAT	F	1.05%
TRMB	B	1.05%
IDXX	F	1.01%
CMG	B	0.99%
ASML	F	0.98%
SNPS	B	0.98%
MTD	F	0.96%
CNM	D	0.95%
LEVI	F	0.85%
TTEK	F	0.79%
VRRM	F	0.76%
NRG	C	0.76%
HAS	D	0.76%
AZN	F	0.7%
KKR	B	0.7%
GEV	C	0.69%
ARGX	B	0.67%
FSLR	F	0.61%
PL	B	0.55%
GWRE	B	0.52%
SGBX	F	0.51%
ASND	D	0.44%
TWST	C	0.4%
URI	B	0.38%
RCKT	F	0.27%
CMPS	F	0.19%

PFUT Underweight 184 Positions Relative to WOMN

Symbol	Grade	Weight
AAPL	B	-5.02%
META	D	-4.85%
AMZN	C	-4.47%
LLY	F	-3.49%
XOM	C	-2.53%
MSFT	D	-2.49%
UNH	B	-2.47%
CRM	B	-2.27%
MCD	D	-2.04%
V	A	-1.94%
CSCO	A	-1.92%
ACN	B	-1.9%
PG	A	-1.82%
JNJ	D	-1.82%
IBM	C	-1.64%
INTU	C	-1.56%
ABBV	D	-1.55%
CVX	B	-1.31%
MRK	F	-1.3%
KO	D	-1.25%
BAC	A	-1.25%
PEP	F	-1.17%
SBUX	B	-1.03%
WFC	A	-0.95%
GE	D	-0.88%
AMGN	D	-0.82%
VZ	B	-0.82%
INTC	C	-0.81%
WMT	B	-0.73%
NFLX	B	-0.72%
UNP	C	-0.71%
SPGI	C	-0.7%
AXP	A	-0.7%
PGR	A	-0.67%
COP	D	-0.65%
MSI	C	-0.63%
MS	B	-0.6%
BLK	C	-0.6%
ELV	F	-0.59%
ETN	A	-0.59%
C	A	-0.56%
VRTX	D	-0.54%
WDAY	C	-0.51%
CI	D	-0.5%
ADP	B	-0.5%
GM	B	-0.49%
AMT	D	-0.49%
MDLZ	F	-0.47%
F	C	-0.46%
GILD	B	-0.46%
ADSK	B	-0.45%
TEL	B	-0.43%
BMY	B	-0.43%
UPS	C	-0.43%
TT	B	-0.39%
EQIX	A	-0.39%
CL	D	-0.39%
WM	A	-0.37%
TGT	F	-0.36%
HPQ	B	-0.36%
MPWR	F	-0.36%
TMUS	A	-0.36%
YUM	B	-0.36%
USB	A	-0.35%
PYPL	A	-0.34%
MMM	D	-0.33%
WELL	C	-0.33%
MCO	A	-0.33%
EBAY	C	-0.29%
DECK	A	-0.28%
EMR	A	-0.28%
APD	A	-0.27%
PSX	C	-0.26%
CARR	C	-0.26%
NEM	F	-0.26%
NSC	A	-0.25%
KEYS	B	-0.25%
ANSS	B	-0.25%
FTV	B	-0.24%
AIG	B	-0.24%
WMB	B	-0.24%
D	C	-0.23%
SRE	A	-0.23%
AEP	D	-0.23%
KMB	C	-0.22%
MET	A	-0.22%
JCI	C	-0.22%
BK	A	-0.22%
TYL	A	-0.22%
AMP	B	-0.21%
ALL	B	-0.21%
CMI	A	-0.2%
RSG	A	-0.19%
EXC	D	-0.19%
GIS	D	-0.19%
GWW	A	-0.19%
PRU	A	-0.19%
HPE	B	-0.19%
PEG	A	-0.18%
CTVA	B	-0.18%
PCG	B	-0.18%
PAYX	B	-0.18%
KR	A	-0.17%
BKR	C	-0.17%
DOW	F	-0.17%
DASH	A	-0.17%
OXY	F	-0.17%
BBY	D	-0.16%
KHC	D	-0.16%
HIG	B	-0.16%
ED	D	-0.16%
EA	C	-0.16%
IR	A	-0.16%
CBRE	B	-0.16%
EIX	A	-0.15%
IRM	C	-0.15%
ADM	F	-0.15%
DD	D	-0.15%
EXPE	B	-0.15%
WSM	B	-0.15%
GPN	C	-0.14%
ROK	B	-0.14%
OKTA	C	-0.14%
VST	B	-0.14%
CAH	B	-0.13%
HSY	F	-0.13%
A	D	-0.13%
FITB	B	-0.13%
WTW	B	-0.13%
BIIB	F	-0.13%
PPG	D	-0.13%
IFF	D	-0.12%
ETR	B	-0.12%
DAL	B	-0.12%
VTR	D	-0.11%
SCI	A	-0.11%
EL	F	-0.11%
STT	A	-0.11%
TROW	A	-0.11%
CHD	B	-0.11%
AWK	D	-0.11%
RF	B	-0.1%
RJF	A	-0.1%
PPL	B	-0.1%
CMS	C	-0.09%
SYF	A	-0.09%
BAX	F	-0.09%
OMC	C	-0.09%
BAH	F	-0.09%
INVH	D	-0.09%
K	A	-0.09%
HBAN	B	-0.09%
CNP	A	-0.08%
KEY	A	-0.08%
DAY	A	-0.08%
PFG	C	-0.08%
NTRS	A	-0.08%
ESS	B	-0.08%
TRU	D	-0.08%
CLX	C	-0.08%
SWK	D	-0.07%
CAG	D	-0.07%
LNT	A	-0.07%
OC	B	-0.07%
LUV	B	-0.07%
DOC	C	-0.07%
HST	C	-0.06%
IPG	C	-0.06%
SJM	D	-0.06%
CE	F	-0.06%
NI	A	-0.06%
ETSY	D	-0.06%
PNR	B	-0.06%
TAP	C	-0.05%
REXR	F	-0.05%
ALB	C	-0.05%
ELS	C	-0.05%
Z	B	-0.04%
CFG	B	-0.04%
PNW	B	-0.04%
MTCH	F	-0.04%
RHI	C	-0.03%
AGR	B	-0.01%
ZG	B	-0.01%