ROE vs. PVAL ETF Comparison

Comparison of Astoria US Quality Kings ETF (ROE) to Putnam Focused Large Cap Value ETF (PVAL)

ROE

Astoria US Quality Kings ETF

ROE Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in common stock principally traded in the U.S. The fund seeks to invest in companies that exhibit robust quality characteristics across sectors, with attractive valuations and dividend paying potential, as determined by the fund"s sub-adviser.

Grade (RS Rating)

Last Trade

$31.78

Average Daily Volume

13,670

Number of Holdings ^*

* 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

$39.58

Average Daily Volume

300,953

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ROE	PVAL
30 Days	3.50%	3.78%
60 Days	4.18%	5.04%
90 Days	4.70%	6.43%
12 Months	32.06%	34.54%

14 Overlapping Holdings

Symbol	Grade	Weight in ROE	Weight in PVAL	Overlap
ABBV	D	0.84%	1.43%	0.84%
APO	B	1.28%	2.25%	1.28%
CHTR	C	1.17%	0.94%	0.94%
MCK	B	1.25%	2.14%	1.25%
MSFT	F	0.95%	2.48%	0.95%
NRG	B	1.03%	1.49%	1.03%
NXPI	D	0.92%	2.76%	0.92%
ORCL	B	1.1%	3.33%	1.1%
PHM	D	0.88%	2.69%	0.88%
PM	B	1.07%	2.0%	1.07%
QCOM	F	0.96%	1.72%	0.96%
TMUS	B	1.15%	1.49%	1.15%
URI	B	1.03%	1.17%	1.03%
VLO	C	1.0%	1.37%	1.0%

ROE Overweight 85 Positions Relative to PVAL

Symbol	Grade	Weight
APP	B	2.26%
VST	B	1.27%
SYF	B	1.27%
LYV	A	1.21%
AMP	A	1.2%
NFLX	A	1.16%
EME	C	1.14%
NVDA	C	1.14%
ETR	B	1.13%
V	A	1.11%
GWW	B	1.11%
PANW	C	1.1%
MSI	B	1.08%
MO	A	1.08%
RPM	A	1.08%
TRV	B	1.08%
TROW	B	1.07%
CSCO	B	1.07%
CAH	B	1.06%
GEN	B	1.06%
SPG	B	1.05%
WRB	A	1.05%
EOG	A	1.05%
GOOGL	C	1.05%
COR	B	1.05%
APH	A	1.04%
ALL	A	1.03%
DPZ	C	1.02%
HD	A	1.02%
ACN	C	1.02%
CMCSA	B	1.02%
DOV	A	1.02%
ITW	B	1.02%
AFL	B	1.01%
JBL	B	1.01%
LOW	D	1.01%
TJX	A	1.0%
PGR	A	0.99%
TXN	C	0.99%
CTSH	B	0.99%
HIG	B	0.99%
YUM	B	0.98%
CSL	C	0.98%
TGT	F	0.98%
AAPL	C	0.98%
CAT	B	0.98%
SYY	B	0.98%
META	D	0.97%
CB	C	0.97%
NTAP	C	0.96%
KMB	D	0.95%
RMD	C	0.95%
EG	C	0.95%
JNJ	D	0.94%
VICI	C	0.94%
OMC	C	0.94%
ANET	C	0.94%
IBM	C	0.93%
ON	D	0.93%
ADBE	C	0.93%
VZ	C	0.93%
EBAY	D	0.92%
DVN	F	0.92%
SBAC	D	0.91%
THC	D	0.91%
ROST	C	0.91%
CL	D	0.9%
LMT	D	0.9%
ZTS	D	0.89%
GEHC	F	0.88%
WSM	B	0.86%
A	D	0.86%
AMAT	F	0.85%
LRCX	F	0.83%
MCHP	D	0.83%
SWKS	F	0.83%
DHI	D	0.82%
MRK	F	0.82%
KLAC	D	0.79%
LLY	F	0.78%
CDW	F	0.78%
TER	D	0.78%
FSLR	F	0.77%
MPWR	F	0.64%
CE	F	0.54%

ROE Underweight 30 Positions Relative to PVAL

Symbol	Grade	Weight
WMT	A	-4.2%
XOM	B	-3.89%
TMO	F	-3.56%
C	A	-3.55%
BAC	A	-3.44%
UNH	C	-3.27%
KO	D	-2.91%
HLT	A	-2.66%
COF	B	-2.6%
SNY	F	-2.58%
FCX	D	-2.38%
LUV	C	-2.37%
FDX	B	-2.37%
GLPI	C	-2.3%
COP	C	-2.28%
NOC	D	-2.21%
IR	B	-2.13%
AIG	B	-2.11%
GS	A	-2.03%
NEE	D	-1.92%
PPL	B	-1.78%
GM	B	-1.75%
AZN	D	-1.71%
BJ	A	-1.67%
SCHW	B	-1.59%
JCI	C	-1.52%
EMN	D	-1.45%
REGN	F	-1.44%
BALL	D	-1.37%
CTVA	C	-1.35%