AIRR vs. PFUT ETF Comparison

Comparison of First Trust RBA American Industrial Renaissance ETF (AIRR) to Putnam Sustainable Future ETF (PFUT)

AIRR

First Trust RBA American Industrial Renaissance ETF

AIRR Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Richard Bernstein Advisors American Industrial Renaissance Index (the "index"). The fund will normally invest at least 90% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. equity securities that comprise the index. The index is designed to measure the performance of small and mid cap U.S. companies in the industrial and community banking sectors. It is non-diversified.

Grade (RS Rating)

Last Trade

$81.85

Average Daily Volume

333,284

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

$25.27

Average Daily Volume

21,665

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AIRR	PFUT
30 Days	5.31%	-0.82%
60 Days	14.33%	3.19%
90 Days	16.45%	4.26%
12 Months	62.26%	29.57%

2 Overlapping Holdings

	Symbol	Grade	Weight in AIRR	Weight in PFUT	Overlap
	CNM	F	2.56%	0.92%	0.92%
	FSS	C	2.38%	1.85%	1.85%

AIRR Overweight 50 Positions Relative to PFUT

Symbol	Grade	Weight
MLI	B	3.42%
AAON	A	3.32%
AIT	A	3.3%
GVA	A	3.25%
EME	B	3.09%
RBC	A	3.04%
BWXT	A	2.98%
KEX	A	2.96%
ZWS	B	2.93%
MDU	D	2.9%
MSM	C	2.87%
CHRW	A	2.82%
HRI	B	2.74%
ATKR	C	2.73%
DY	C	2.72%
CLH	C	2.71%
PRIM	A	2.63%
MTZ	B	2.55%
FIX	A	2.52%
WMS	F	2.33%
ROAD	B	2.16%
HII	F	2.08%
ACA	B	1.75%
MWA	A	1.74%
FNB	A	1.72%
STRL	B	1.71%
ASB	A	1.42%
WTFC	A	1.41%
ONB	B	1.38%
MRCY	B	1.28%
GBX	A	1.15%
HEES	B	1.12%
VSEC	B	1.06%
BLBD	F	0.96%
FULT	A	0.94%
TGI	A	0.91%
POWL	C	0.91%
WNC	C	0.91%
DNOW	A	0.87%
FFBC	A	0.87%
LMB	A	0.83%
TPC	C	0.81%
PRLB	B	0.8%
XMTR	C	0.78%
PRK	A	0.78%
FRME	A	0.77%
FCF	A	0.67%
AMRC	F	0.62%
LKFN	A	0.57%
TRNS	F	0.53%

AIRR Underweight 76 Positions Relative to PFUT

Symbol	Grade	Weight
ROP	C	-2.09%
TMO	D	-2.06%
VRT	A	-2.05%
ISRG	A	-2.01%
DHR	D	-1.99%
SFM	A	-1.94%
IT	B	-1.87%
MSCI	A	-1.83%
FICO	A	-1.8%
DDOG	B	-1.78%
NEE	C	-1.77%
CEG	D	-1.77%
HASI	F	-1.72%
XYL	D	-1.71%
MA	A	-1.69%
PWR	A	-1.68%
CWST	A	-1.62%
ICLR	F	-1.53%
PINS	F	-1.52%
NOW	B	-1.51%
REGN	F	-1.48%
RMD	C	-1.45%
TPG	B	-1.4%
MTN	C	-1.38%
CDNS	B	-1.38%
AMAT	F	-1.38%
COF	A	-1.35%
ADBE	F	-1.32%
STX	D	-1.3%
EXAS	F	-1.29%
HUBS	A	-1.28%
GPK	D	-1.28%
RRX	B	-1.27%
WY	D	-1.26%
CPB	D	-1.25%
ZBRA	B	-1.23%
IDXX	F	-1.22%
DAR	B	-1.22%
FWRG	C	-1.21%
CTAS	B	-1.2%
ZTS	D	-1.19%
ASML	F	-1.17%
CMG	B	-1.15%
ADI	D	-1.15%
HQY	A	-1.11%
PEN	B	-1.1%
ONON	A	-1.08%
MTD	F	-1.07%
LULU	C	-1.04%
LEVI	F	-1.04%
TRMB	A	-1.04%
VRSK	B	-1.03%
VERX	A	-1.03%
ALTR	B	-0.99%
SUM	B	-0.98%
HAE	A	-0.98%
UBER	C	-0.96%
SNPS	C	-0.94%
COIN	A	-0.93%
FSLR	F	-0.87%
VRRM	D	-0.78%
ECL	D	-0.77%
ESTC	C	-0.75%
KKR	A	-0.64%
BMRN	F	-0.64%
URI	B	-0.62%
ARGX	B	-0.6%
GEV	A	-0.56%
PL	B	-0.54%
ASND	F	-0.52%
SGBX	F	-0.49%
AZN	F	-0.49%
DXCM	C	-0.46%
TWST	F	-0.43%
RCKT	F	-0.29%
CMPS	F	-0.25%