PVAL vs. IVRA ETF Comparison

Comparison of Putnam Focused Large Cap Value ETF (PVAL) to Invesco Real Assets ESG ETF (IVRA)

PVAL

Putnam Focused Large Cap Value ETF

PVAL Description

The investment seeks to provide investment results that closely correspond, before expenses, to the performance of the Nasdaq U.S. Contrarian Value Index (the index). Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies that compose the index at the time of purchase. The index uses a quantitative model designed to identify equity securities in the Nasdaq US Large Mid Cap Index (the parent index) that appear to be undervalued by the market relative to their fundamental value.

Grade (RS Rating)

Last Trade

$39.57

Average Daily Volume

305,650

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IVRA

Invesco Real Assets ESG ETF

IVRA Description

Invesco Actively Managed Exchange-Traded Fund Trust - Invesco Real Assets ESG ETF is an exchange traded fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc., Invesco Capital Management LLC. It invests in public equity markets of the United States and Canada region. It invests in growth and value stocks of companies across diversified market capitalization. The fund invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It employs fundamental analysis to create its portfolio. It employs proprietary research to create its portfolio. It does not invest in stocks of companies operating across include substantial involvement in the production of tobacco products, controversial weapons, engagement in cultivation, production or distribution of recreational cannabis, extraction of thermal coal, and extraction of fossil fuels from unconventional sources, among other exclusionary criteria sectors. Invesco Actively Managed Exchange-Traded Fund Trust - Invesco Real Assets ESG ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$16.76

Average Daily Volume

4,373

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PVAL	IVRA
30 Days	2.64%	2.50%
60 Days	3.97%	2.58%
90 Days	5.68%	5.66%
12 Months	33.59%	30.43%

1 Overlapping Holdings

	Symbol	Grade	Weight in PVAL	Weight in IVRA	Overlap
	CTVA	C	1.35%	1.09%	1.09%

PVAL Overweight 43 Positions Relative to IVRA

Symbol	Grade	Weight
WMT	A	4.2%
XOM	B	3.89%
TMO	F	3.56%
C	A	3.55%
BAC	A	3.44%
ORCL	A	3.33%
UNH	B	3.27%
KO	D	2.91%
NXPI	D	2.76%
PHM	D	2.69%
HLT	A	2.66%
COF	C	2.6%
SNY	F	2.58%
MSFT	D	2.48%
FCX	F	2.38%
LUV	C	2.37%
FDX	B	2.37%
GLPI	C	2.3%
COP	C	2.28%
APO	B	2.25%
NOC	D	2.21%
MCK	A	2.14%
IR	B	2.13%
AIG	B	2.11%
GS	A	2.03%
PM	B	2.0%
NEE	C	1.92%
PPL	A	1.78%
GM	C	1.75%
QCOM	F	1.72%
AZN	F	1.71%
BJ	A	1.67%
SCHW	B	1.59%
JCI	B	1.52%
NRG	B	1.49%
TMUS	B	1.49%
EMN	C	1.45%
REGN	F	1.44%
ABBV	F	1.43%
VLO	C	1.37%
BALL	F	1.37%
URI	C	1.17%
CHTR	C	0.94%

PVAL Underweight 42 Positions Relative to IVRA

Symbol	Grade	Weight
PLD	F	-6.06%
EQIX	A	-5.67%
AMT	C	-4.87%
LNG	A	-4.51%
SPG	A	-3.94%
OKE	A	-3.29%
SRE	A	-2.98%
PSA	C	-2.95%
ARE	F	-2.92%
SUI	C	-2.69%
TRGP	A	-2.56%
REXR	F	-2.42%
CCI	C	-2.36%
DLR	B	-2.22%
HST	C	-1.88%
CNP	A	-1.87%
SBAC	D	-1.78%
NEM	D	-1.75%
WMB	A	-1.71%
TRNO	F	-1.61%
WFG	C	-1.52%
KMI	A	-1.43%
WTRG	B	-1.39%
KIM	A	-1.3%
WY	F	-1.28%
INVH	D	-1.18%
DOC	C	-1.1%
EXR	C	-1.08%
SW	A	-1.04%
ASR	D	-1.02%
WPC	C	-1.01%
AWK	C	-0.98%
PAC	B	-0.98%
AMH	C	-0.95%
RLJ	C	-0.94%
IP	A	-0.89%
PCH	F	-0.89%
ATO	A	-0.79%
REG	A	-0.76%
DBRG	F	-0.61%
ADM	D	-0.43%
KRC	B	-0.25%