QUAL vs. PLDR ETF Comparison

Comparison of iShares MSCI USA Quality Factor ETF (QUAL) to Putnam Sustainable Leaders ETF (PLDR)

QUAL

iShares MSCI USA Quality Factor ETF

QUAL Description

The investment seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with quality characteristics as identified through certain fundamental metrics. The fund seeks to track the investment results of the MSCI USA Quality Index (the "underlying index"), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks. It generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$182.75

Average Daily Volume

893,947

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

PLDR

Putnam Sustainable Leaders ETF

PLDR 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 that exhibit a commitment to financially material sustainable business practices. Under normal circumstances, the fund invests at least 80% of the value of its net assets in securities that meet Putnam Investment Management, LLC?s (Putnam Management) sustainability criteria.

Grade (RS Rating)

Last Trade

$34.45

Average Daily Volume

52,617

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QUAL	PLDR
30 Days	1.61%	1.98%
60 Days	2.39%	2.45%
90 Days	3.34%	4.24%
12 Months	30.86%	33.89%

12 Overlapping Holdings

Symbol	Grade	Weight in QUAL	Weight in PLDR	Overlap
AAPL	C	5.44%	8.35%	5.44%
ADBE	C	1.76%	1.41%	1.41%
AMAT	F	1.17%	1.07%	1.07%
CDNS	B	0.58%	0.98%	0.58%
CMG	B	1.26%	1.33%	1.26%
LIN	D	1.14%	2.0%	1.14%
LLY	F	3.42%	2.05%	2.05%
MSFT	F	4.5%	7.89%	4.5%
NVDA	C	6.93%	5.48%	5.48%
PLD	D	0.71%	1.45%	0.71%
SNPS	B	0.51%	0.85%	0.51%
V	A	4.5%	2.45%	2.45%

QUAL Overweight 111 Positions Relative to PLDR

Symbol	Grade	Weight
MA	C	4.22%
META	D	4.09%
UNH	C	2.81%
COST	B	2.55%
JNJ	D	2.15%
TJX	A	2.03%
GOOGL	C	1.77%
NFLX	A	1.76%
ADP	B	1.75%
CSCO	B	1.74%
COP	C	1.73%
ACN	C	1.67%
GOOG	C	1.55%
KO	D	1.43%
NKE	D	1.41%
CAT	B	1.4%
TXN	C	1.34%
QCOM	F	1.15%
PEP	F	1.1%
LMT	D	1.08%
BLK	C	0.99%
SRE	A	0.93%
SLB	C	0.89%
KLAC	D	0.77%
MMC	B	0.74%
ANET	C	0.73%
ITW	B	0.73%
LRCX	F	0.73%
DHI	D	0.7%
PEG	A	0.69%
LULU	C	0.66%
VRTX	F	0.62%
CTAS	B	0.6%
GWW	B	0.59%
TPL	A	0.58%
SHW	A	0.57%
PSA	D	0.55%
MCO	B	0.53%
CME	A	0.52%
NVR	D	0.52%
ZTS	D	0.51%
ED	D	0.5%
APH	A	0.5%
MMM	D	0.5%
PAYX	C	0.49%
DECK	A	0.49%
GRMN	B	0.48%
TSCO	D	0.43%
PHM	D	0.43%
AFL	B	0.42%
FAST	B	0.42%
ATO	A	0.4%
APD	A	0.35%
CBRE	B	0.35%
ODFL	B	0.34%
AMP	A	0.33%
ULTA	F	0.31%
IDXX	F	0.3%
WSM	B	0.29%
BBY	D	0.29%
FERG	B	0.28%
ACGL	D	0.26%
CSGP	D	0.26%
AVB	B	0.24%
EW	C	0.24%
ROK	B	0.22%
POOL	C	0.22%
EQT	B	0.22%
VLTO	D	0.21%
MNST	C	0.21%
NTAP	C	0.21%
MANH	D	0.2%
EA	A	0.2%
A	D	0.2%
APA	D	0.19%
TROW	B	0.19%
MPWR	F	0.18%
EQR	B	0.18%
EME	C	0.17%
RMD	C	0.17%
LPLA	A	0.17%
VEEV	C	0.16%
PPG	F	0.15%
HSY	F	0.15%
KEYS	A	0.15%
CBOE	B	0.14%
WAT	B	0.13%
ROL	B	0.12%
WSO	A	0.12%
WST	C	0.12%
FDS	B	0.12%
EXPD	D	0.12%
GGG	B	0.11%
OMC	C	0.1%
PKG	A	0.1%
ERIE	D	0.09%
RS	B	0.09%
MOH	F	0.09%
JKHY	D	0.09%
AVY	D	0.08%
PAYC	B	0.08%
UTHR	C	0.08%
SEIC	B	0.07%
MKTX	D	0.07%
ENPH	F	0.06%
SMCI	F	0.06%
AOS	F	0.06%
AFG	A	0.06%
SOLV	C	0.05%
IPG	D	0.05%
WBA	F	0.03%

QUAL Underweight 42 Positions Relative to PLDR

Symbol	Grade	Weight
AMZN	C	-4.55%
WMT	A	-2.65%
BSX	B	-2.08%
HD	A	-1.82%
ROP	B	-1.74%
HLT	A	-1.74%
JPM	A	-1.7%
FTV	C	-1.7%
AMD	F	-1.64%
ISRG	A	-1.63%
TMO	F	-1.57%
BAC	A	-1.51%
UL	D	-1.51%
NEE	D	-1.49%
CEG	D	-1.46%
OTIS	C	-1.44%
REGN	F	-1.34%
DHR	F	-1.32%
SCHW	B	-1.27%
TPG	A	-1.25%
IR	B	-1.25%
BALL	D	-1.24%
EMN	D	-1.23%
COF	B	-1.23%
CRM	B	-1.21%
AMT	D	-1.21%
MSCI	C	-1.12%
STX	D	-1.1%
GSK	F	-1.1%
DIS	B	-1.08%
MTD	D	-1.06%
ADI	D	-1.05%
TMUS	B	-1.03%
SBUX	A	-0.94%
ASML	F	-0.93%
KKR	A	-0.91%
CPB	D	-0.88%
SNY	F	-0.85%
ECL	D	-0.65%
AZN	D	-0.48%
ONON	A	-0.39%
WCN	A	-0.3%