RAFE vs. PVAL ETF Comparison

Comparison of PIMCO RAFI ESG U.S. ETF (RAFE) to Putnam Focused Large Cap Value ETF (PVAL)

RAFE

PIMCO RAFI ESG U.S. ETF

RAFE Description

The investment seeks to provide total return that closely corresponds, before fees and expenses, to the total return of the RAFI ESG US Index. The fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its total assets in the component securities of the RAFI ESG US Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach within publicly traded U.S. equities to create an integrated ESG strategy which overweights companies that rate well across various ESG themes and excludes companies with a major involvement in industries such as tobacco, gaming, weapons and fossil fuels.

Grade (RS Rating)

Last Trade

$37.16

Average Daily Volume

5,064

Number of Holdings ^*

234

* may have additional holdings in another (foreign) market

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

$37.85

Average Daily Volume

334,411

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RAFE	PVAL
30 Days	3.04%	1.73%
60 Days	4.23%	2.41%
90 Days	5.44%	4.61%
12 Months	27.95%	30.60%

17 Overlapping Holdings

Symbol	Grade	Weight in RAFE	Weight in PVAL	Overlap
ABBV	B	1.43%	1.42%	1.42%
BAC	D	0.59%	3.55%	0.59%
BALL	C	0.14%	1.3%	0.14%
C	C	2.37%	3.57%	2.37%
CTVA	B	0.04%	1.33%	0.04%
FDX	D	0.33%	2.6%	0.33%
GM	C	1.46%	1.95%	1.46%
GS	B	0.65%	2.1%	0.65%
HLT	B	0.11%	2.55%	0.11%
JCI	B	0.4%	1.43%	0.4%
KO	B	0.93%	2.94%	0.93%
MCK	F	0.27%	2.44%	0.27%
MSFT	C	4.8%	2.41%	2.41%
ORCL	B	1.2%	2.78%	1.2%
QCOM	D	1.33%	1.78%	1.33%
TMUS	B	0.33%	1.44%	0.33%
UNH	C	0.47%	3.32%	0.47%

RAFE Overweight 217 Positions Relative to PVAL

Symbol	Grade	Weight
AAPL	C	5.25%
JPM	D	2.88%
JNJ	C	2.72%
PG	C	2.36%
INTC	D	2.25%
CSCO	B	2.21%
PFE	D	2.17%
T	B	1.85%
WFC	D	1.71%
MRK	F	1.63%
IBM	B	1.55%
VZ	A	1.46%
HD	B	1.42%
BMY	C	1.37%
CMCSA	C	1.21%
CI	C	1.17%
AVGO	C	1.08%
LIN	B	1.0%
META	B	0.99%
ELV	D	0.98%
AMGN	D	0.98%
LOW	B	0.95%
TGT	C	0.95%
MMM	B	0.93%
ABT	C	0.92%
F	F	0.88%
DIS	D	0.81%
V	C	0.77%
NVDA	C	0.77%
MU	D	0.76%
AMAT	D	0.76%
ACN	C	0.75%
GILD	B	0.74%
TXN	B	0.69%
LLY	D	0.68%
MA	B	0.6%
HPQ	C	0.57%
MET	B	0.56%
BLK	B	0.53%
ADBE	F	0.53%
HPE	C	0.52%
DD	B	0.51%
DOW	C	0.5%
AXP	B	0.48%
NEM	C	0.48%
LRCX	D	0.47%
NKE	D	0.47%
ALL	C	0.46%
PYPL	B	0.46%
DE	A	0.45%
BBY	A	0.45%
UPS	D	0.43%
DHR	B	0.43%
PRU	C	0.42%
TJX	C	0.4%
CRM	C	0.38%
HUM	F	0.37%
EBAY	B	0.35%
CVS	D	0.35%
CL	C	0.34%
ADP	C	0.34%
WM	D	0.33%
CARR	B	0.32%
ADI	C	0.32%
GIS	B	0.31%
APD	B	0.31%
ADM	D	0.3%
TSLA	C	0.3%
WDC	C	0.3%
IP	C	0.29%
BDX	D	0.28%
FIS	C	0.28%
CBRE	B	0.28%
BIIB	F	0.27%
MDLZ	C	0.27%
GEHC	B	0.25%
CCI	C	0.25%
PEP	D	0.25%
WELL	C	0.25%
KMB	C	0.25%
ITW	B	0.24%
WY	C	0.23%
NTAP	D	0.23%
HIG	B	0.22%
CAH	C	0.22%
ECL	B	0.22%
PGR	C	0.21%
EA	D	0.21%
KLAC	D	0.21%
STT	B	0.2%
MAR	B	0.2%
EIX	B	0.2%
SYY	C	0.2%
EQIX	B	0.19%
VTR	C	0.19%
JLL	B	0.18%
AMT	C	0.18%
KHC	C	0.18%
PARA	D	0.17%
JNPR	A	0.17%
AMP	B	0.17%
BAX	C	0.17%
PPG	C	0.17%
OC	C	0.16%
IRM	C	0.16%
LUMN	C	0.16%
MSI	B	0.16%
WHR	C	0.16%
PFG	B	0.16%
BK	B	0.15%
CMI	B	0.15%
MOS	F	0.15%
EL	D	0.14%
ARW	B	0.14%
A	C	0.14%
CNC	D	0.14%
K	A	0.14%
VFC	B	0.14%
CTSH	B	0.14%
DVA	B	0.14%
ZTS	B	0.13%
SHW	B	0.13%
GWW	B	0.13%
AVB	C	0.13%
KDP	B	0.13%
KSS	D	0.13%
DG	F	0.13%
EQR	C	0.13%
MCO	C	0.13%
IFF	A	0.12%
OMC	B	0.12%
FOXA	B	0.12%
CF	B	0.12%
EW	F	0.12%
PKG	B	0.11%
SWK	B	0.11%
AWK	C	0.11%
CDNS	D	0.1%
FITB	B	0.1%
DELL	C	0.1%
TER	C	0.1%
CDW	D	0.1%
ISRG	C	0.1%
TPR	A	0.1%
SPGI	C	0.09%
MRVL	D	0.09%
HOLX	D	0.09%
HCA	B	0.09%
GAP	F	0.09%
PVH	D	0.09%
TSCO	B	0.09%
SYK	C	0.09%
HST	D	0.09%
OTIS	B	0.09%
LEA	D	0.08%
SJM	C	0.08%
PAYX	C	0.08%
BSX	B	0.08%
ON	D	0.08%
KEYS	B	0.08%
WAT	B	0.08%
TROW	C	0.07%
AKAM	D	0.07%
HUN	C	0.07%
CAG	B	0.07%
USFD	C	0.07%
DOX	C	0.07%
FAST	C	0.07%
LKQ	F	0.07%
PLD	C	0.07%
WBA	F	0.07%
SOLV	D	0.07%
GPC	D	0.07%
AVT	B	0.07%
ILMN	D	0.06%
NFLX	B	0.06%
AMD	C	0.06%
MCHP	D	0.06%
LNC	C	0.06%
MAA	C	0.06%
VTRS	D	0.06%
SNPS	F	0.06%
GT	F	0.05%
WAB	B	0.05%
HSIC	C	0.05%
XRX	D	0.05%
CPB	C	0.05%
FL	F	0.05%
DGX	B	0.05%
NTRS	C	0.05%
CHD	C	0.05%
DXC	D	0.05%
HSY	D	0.05%
TSN	D	0.05%
NWSA	D	0.04%
ESS	C	0.04%
KD	F	0.04%
OGN	D	0.04%
ROK	D	0.04%
DOV	B	0.04%
MHK	B	0.04%
EQH	C	0.04%
HAS	B	0.04%
MAN	C	0.03%
NWL	C	0.03%
FLEX	B	0.03%
NDAQ	C	0.03%
AAP	F	0.03%
KIM	C	0.03%
AGCO	D	0.03%
RSG	D	0.03%
WU	C	0.03%
ANET	C	0.02%
O	B	0.02%
ORLY	B	0.02%
M	F	0.02%
HRL	F	0.01%

RAFE Underweight 27 Positions Relative to PVAL

Symbol	Grade	Weight
WMT	B	-4.04%
XOM	D	-3.94%
TMO	B	-3.56%
NXPI	D	-2.96%
COF	B	-2.56%
SNY	B	-2.53%
COP	F	-2.48%
PHM	B	-2.48%
GLPI	C	-2.34%
LUV	C	-2.32%
AIG	D	-2.23%
NOC	B	-2.2%
FCX	C	-2.12%
APO	B	-2.1%
PM	C	-2.04%
IR	B	-1.99%
AZN	D	-1.93%
NEE	B	-1.84%
PPL	A	-1.72%
REGN	D	-1.64%
BJ	D	-1.62%
SCHW	D	-1.6%
VLO	F	-1.49%
NRG	B	-1.4%
EMN	B	-1.34%
URI	B	-1.08%
CHTR	D	-1.01%