SPMV vs. PFUT ETF Comparison

Comparison of Invesco S&P 500 Minimum Variance ETF (SPMV) to Putnam Sustainable Future ETF (PFUT)

SPMV

Invesco S&P 500 Minimum Variance ETF

SPMV Description

The investment seeks to track the investment results (before fees and expenses) of the S&P 500® Minimum Volatility Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is designed to measure the performance of a subset of constituent securities of the S&P 500 Index using a managed volatility equity strategy that seeks to achieve lower total volatility than the S&P 500 ® Index, while maintaining other similar characteristics of the S&P 500 ® Index.

Grade (RS Rating)

Last Trade

$47.62

Average Daily Volume

711

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PFUT

Putnam Sustainable Future ETF

PFUT 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 whose products and services provide solutions that directly contribute to sustainable social, environmental and economic development (Impact Companies). Under normal circumstances, the fund invests at least 80% of the value of its net assets in securities that meet Putnam Management?s sustainability criteria. In applying these criteria, Putnam Management will assign each company a proprietary environmental, social and/or corporate governance (ESG) rating ranging from 1 to 4.

Grade (RS Rating)

Last Trade

$26.45

Average Daily Volume

23,002

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPMV	PFUT
30 Days	1.14%	5.25%
60 Days	2.01%	5.80%
90 Days	4.46%	7.43%
12 Months	26.03%	33.33%

9 Overlapping Holdings

Symbol	Grade	Weight in SPMV	Weight in PFUT	Overlap
ADBE	C	2.01%	1.27%	1.27%
GEV	B	3.69%	0.69%	0.69%
IDXX	F	0.37%	1.01%	0.37%
NEE	D	1.63%	1.72%	1.63%
NOW	A	1.77%	1.64%	1.64%
REGN	F	1.07%	0.73%	0.73%
TRMB	B	0.1%	1.05%	0.1%
VRSK	A	1.7%	1.88%	1.7%
ZTS	D	1.66%	1.13%	1.13%

SPMV Overweight 66 Positions Relative to PFUT

Symbol	Grade	Weight
NVDA	C	3.53%
TMUS	B	3.37%
CSCO	B	3.31%
AON	A	3.14%
AMZN	C	3.04%
BRK.A	B	2.95%
AAPL	C	2.9%
ABT	B	2.84%
PG	A	2.81%
MMC	B	2.77%
MSFT	F	2.76%
AJG	B	2.7%
QCOM	F	2.64%
CB	C	2.56%
MRK	F	2.46%
MDLZ	F	2.46%
HD	A	2.25%
VRTX	F	2.25%
ORCL	B	2.23%
AVGO	D	2.03%
AMT	D	1.83%
CRM	B	1.66%
PGR	A	1.65%
SRE	A	1.56%
GIS	D	1.47%
DUK	C	1.34%
JNJ	D	1.2%
HSY	F	1.03%
AEE	A	1.02%
TRV	B	1.0%
PFE	D	0.99%
VZ	C	0.97%
TDY	B	0.96%
AEP	D	0.95%
BRO	B	0.81%
MKC	D	0.78%
INTU	C	0.74%
CCI	D	0.7%
XOM	B	0.69%
RTX	C	0.66%
LLY	F	0.63%
JPM	A	0.62%
IBM	C	0.56%
GOOG	C	0.55%
RSG	A	0.55%
TJX	A	0.5%
NEM	D	0.47%
SO	D	0.47%
ELV	F	0.45%
TSN	B	0.42%
HRL	D	0.38%
AMGN	D	0.32%
META	D	0.32%
ACN	C	0.31%
BIIB	F	0.3%
T	A	0.29%
KHC	F	0.28%
ADM	D	0.26%
AIG	B	0.25%
PCG	A	0.24%
ACGL	D	0.22%
CVS	D	0.22%
XEL	A	0.2%
GILD	C	0.09%
GD	F	0.06%
BA	F	0.05%

SPMV Underweight 70 Positions Relative to PFUT

Symbol	Grade	Weight
ISRG	A	-2.13%
ROP	B	-2.1%
VRT	B	-2.09%
SFM	A	-2.07%
DDOG	A	-2.02%
IT	C	-1.92%
TMO	F	-1.88%
CEG	D	-1.86%
MSCI	C	-1.86%
DHR	F	-1.83%
MA	C	-1.77%
TPG	A	-1.71%
FSS	B	-1.67%
XYL	D	-1.6%
PWR	A	-1.58%
PINS	D	-1.54%
COF	B	-1.52%
HASI	D	-1.52%
RMD	C	-1.49%
CDNS	B	-1.46%
HUBS	A	-1.39%
CWST	A	-1.38%
EXAS	D	-1.36%
MTN	C	-1.36%
FWRG	C	-1.36%
PEN	B	-1.34%
DAR	C	-1.33%
RRX	B	-1.32%
ZBRA	B	-1.31%
GPK	C	-1.27%
CTAS	B	-1.25%
CPB	D	-1.24%
STX	D	-1.24%
SUM	B	-1.23%
ICLR	D	-1.22%
HQY	B	-1.2%
WY	D	-1.2%
COIN	C	-1.19%
ADI	D	-1.16%
VERX	B	-1.15%
ALTR	B	-1.12%
FICO	B	-1.1%
ONON	A	-1.06%
AMAT	F	-1.05%
CMG	B	-0.99%
ASML	F	-0.98%
SNPS	B	-0.98%
MTD	D	-0.96%
CNM	D	-0.95%
UBER	D	-0.95%
LULU	C	-0.94%
LEVI	F	-0.85%
TTEK	F	-0.79%
VRRM	D	-0.76%
NRG	B	-0.76%
HAS	D	-0.76%
AZN	D	-0.7%
KKR	A	-0.7%
ARGX	A	-0.67%
BMRN	D	-0.62%
FSLR	F	-0.61%
PL	A	-0.55%
GWRE	A	-0.52%
ECL	D	-0.51%
SGBX	F	-0.51%
ASND	D	-0.44%
TWST	D	-0.4%
URI	B	-0.38%
RCKT	F	-0.27%
CMPS	F	-0.19%