PPEM vs. INDY ETF Comparison
Comparison of Putnam ETF Trust Putnam PanAgora ESG Emerging Markets Equity ETF (PPEM) to iShares S&P India Nifty 50 Index Fund (INDY)
PPEM
Putnam ETF Trust Putnam PanAgora ESG Emerging Markets Equity ETF
PPEM Description
The investment seeks daily investment results, before fees and expenses, of 135% of the daily performance of the FTSE Emerging Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index, exchange-traded funds (ETFs) that track the index and other financial instruments that provide daily leveraged exposure to the index. The index is a free float-adjusted market capitalization index that is designed to measure equity market performance in the global emerging markets. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$20.62
Average Daily Volume
3,728
5
INDY
iShares S&P India Nifty 50 Index Fund
INDY Description
The investment seeks to track the investment results of an index composed of 50 of the largest Indian equities. The Subsidiary and the fund will collectively invest at least 80% of the fund's total assets in securities that comprise the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the CNX Nifty IndexTM (the "underlying index"), which measures the equity performance of the top 50 companies by free float market capitalization whose equity securities trade in the Indian securities markets. The fund is non-diversified.Grade (RS Rating)
Last Trade
$50.68
Average Daily Volume
79,379
3
Performance
Period | PPEM | INDY |
---|---|---|
30 Days | -0.28% | 0.66% |
60 Days | 0.34% | -0.57% |
90 Days | 4.41% | 1.81% |
12 Months | 9.35% | 19.53% |
1 Overlapping Holdings
Symbol | Grade | Weight in PPEM | Weight in INDY | Overlap | |
---|---|---|---|---|---|
IBN | A | 9.53% | 7.85% | 7.85% |
PPEM: Top Represented Industries & Keywords
INDY: Top Represented Industries & Keywords