EQLT vs. PPEM ETF Comparison

Comparison of iShares MSCI Emerging Markets Quality Factor ETF (EQLT) to Putnam PanAgora ESG Emerging Markets Equity ETF (PPEM)

EQLT

iShares MSCI Emerging Markets Quality Factor ETF

EQLT Description

EQLT tracks an index of emerging market stocks perceived to be higher quality. The starting universe begins with large- and mid-cap stocks from the MSCI Emerging Markets Index. The fund calculates a Quality Score for each security using three fundamental metrics: high return on equity, stable year-over-year earnings growth, and low financial leverage. The fund selects securities with higher quality scores until it covers about half of the market-cap within each country in the parent index. The fund then assigns weights by multiplying each securitys market-cap weight in the parent index by a Tilt Score. The Tilt Score accounts for the securitys quality score and relative market-cap position. The resulting weights are normalized to build the portfolio. Issuers are capped at 5%, along with other country and sector weight limits. The fund may invest in derivatives or engage in securities lending. The index is reviewed and rebalanced semi-annually.

Grade (RS Rating)

Last Trade

$23.93

Average Daily Volume

428

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PPEM

Putnam PanAgora ESG Emerging Markets Equity ETF

PPEM Description

The investment seeks daily investment results, before fees and expenses, of 135% of the daily performance of the FTSE Emerging Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index, exchange-traded funds (ETFs) that track the index and other financial instruments that provide daily leveraged exposure to the index. The index is a free float-adjusted market capitalization index that is designed to measure equity market performance in the global emerging markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$21.74

Average Daily Volume

5,668

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EQLT	PPEM
30 Days	-5.99%	-5.66%
60 Days	-1.80%	-0.70%
90 Days		-1.24%
12 Months		13.59%

2 Overlapping Holdings

	Symbol	Grade	Weight in EQLT	Weight in PPEM	Overlap
	BABA	D	4.1%	2.57%	2.57%
	IBN	C	2.55%	2.55%	2.55%

EQLT Overweight 3 Positions Relative to PPEM

Symbol	Grade	Weight
HDB	C	1.12%
YUMC	B	0.33%
WIT	B	0.12%

EQLT Underweight 1 Positions Relative to PPEM

	Symbol	Grade	Weight
	INFY	D	-2.81%

PPEM: Top Represented Industries & Keywords

Industries: Banks - Regional - Asia Information Technology Services Specialty Retail