JPST vs. PFUT ETF Comparison

Comparison of JPMorgan Ultra-Short Income ETF (JPST) to Putnam Sustainable Future ETF (PFUT)

JPST

JPMorgan Ultra-Short Income ETF

JPST Description

The investment seeks to provide total return. Under normal circumstances, the fund will invest at least 80% of its assets in bonds. It will invest at least 40% of its assets in countries other than the United States. The fund may invest in developed or emerging markets. It generally invests at least 25% of its assets in securities that, at the time of purchase are rated investment grade or the unrated equivalent. "Assets" means net assets plus the amount of borrowings for investment purposes. The fund may also use currency related transactions involving currency derivatives as part of its primary investment strategy.

Grade (RS Rating)

Last Trade

$50.62

Average Daily Volume

3,958,626

Number of Holdings ^*

111

* 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

$24.53

Average Daily Volume

23,857

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JPST	PFUT
30 Days	0.54%	0.20%
60 Days	1.21%	1.62%
90 Days	1.33%	-0.16%
12 Months	4.18%	28.49%

7 Overlapping Holdings

Symbol	Grade	Weight in JPST	Weight in PFUT	Overlap
COF	C	0.04%	1.48%	0.04%
DHR	B	0.01%	2.16%	0.01%
KKR	B	0.04%	0.65%	0.04%
NEE	B	0.03%	1.74%	0.03%
PL	F	0.04%	0.2%	0.04%
ROP	C	0.03%	2.49%	0.03%
TMO	C	0.74%	2.22%	0.74%

JPST Overweight 104 Positions Relative to PFUT

Symbol	Grade	Weight
CASH	B	2.2%
AZN	D	0.57%
EQH	C	0.35%
KDP	A	0.31%
CCEP	B	0.3%
ATO	B	0.3%
MCD	C	0.29%
LDOS	C	0.26%
BXMT	C	0.25%
SNX	D	0.23%
TDY	C	0.22%
HART	B	0.19%
BA	F	0.18%
D	C	0.17%
OGS	B	0.17%
VZ	B	0.16%
ETR	A	0.16%
T	B	0.14%
CNP	C	0.14%
GILD	B	0.13%
DB	B	0.13%
CAG	B	0.13%
AAPL	D	0.12%
SO	B	0.11%
WFC	D	0.11%
VTRS	C	0.1%
GM	B	0.1%
FITB	B	0.1%
HUM	F	0.09%
WEC	B	0.09%
MLM	D	0.09%
JBHT	D	0.09%
IFF	B	0.08%
STT	A	0.08%
DT	C	0.08%
CI	C	0.08%
NEM	B	0.08%
DUK	C	0.08%
KR	B	0.07%
CFG	D	0.07%
BX	B	0.07%
HSBC	B	0.07%
SBUX	C	0.06%
BG	D	0.06%
ACR	C	0.06%
SEB	C	0.06%
XOM	D	0.06%
AEP	B	0.05%
MS	D	0.05%
AL	D	0.05%
BHF	D	0.04%
ORCL	B	0.04%
MDLZ	B	0.04%
ABBV	C	0.04%
ARES	B	0.03%
CHD	C	0.03%
R	B	0.03%
BCC	C	0.03%
BMO	C	0.03%
HON	D	0.02%
WLK	D	0.02%
MSC	F	0.02%
ETN	C	0.02%
AZO	D	0.02%
GSK	C	0.02%
DIS	D	0.02%
AER	C	0.02%
BNS	A	0.02%
EPD	A	0.01%
ABT	C	0.01%
PFE	C	0.01%
IBM	B	0.01%
ICE	B	0.01%
MCO	A	0.01%
CSL	C	0.01%
BMY	C	0.01%
PSX	D	0.01%
SCHW	D	0.01%
PNC	B	0.01%
BK	A	0.01%
UNH	C	0.01%
MMM	B	0.01%
AXP	B	0.01%
CAT	C	0.01%
PM	C	0.01%
HBAN	B	0.01%
ES	C	0.01%
JXN	B	0.01%
MET	A	0.01%
UBS	D	0.01%
BAC	D	0.01%
RY	B	0.01%
TFC	D	0.01%
DE	B	0.01%
KEY	B	0.01%
MUFG	D	0.01%
GS	D	0.01%
NWG	B	0.01%
TD	A	0.01%
PFG	B	0.01%
CM	B	0.01%
USB	B	0.01%
C	D	0.01%
AIG	D	0.01%

JPST Underweight 68 Positions Relative to PFUT

Symbol	Grade	Weight
IWP	B	-2.73%
CWST	D	-2.31%
IT	B	-2.24%
IDXX	C	-2.21%
FSS	D	-2.16%
SFM	B	-2.15%
REGN	C	-2.13%
FICO	A	-1.99%
DDOG	D	-1.95%
MA	B	-1.91%
ICLR	D	-1.9%
ISRG	C	-1.87%
XYL	D	-1.84%
HASI	B	-1.78%
MSCI	C	-1.76%
AMAT	D	-1.76%
VRT	C	-1.65%
ASML	D	-1.64%
CEG	C	-1.64%
PWR	B	-1.62%
PINS	F	-1.62%
MTN	D	-1.56%
ADBE	D	-1.53%
LULU	D	-1.5%
NOW	A	-1.44%
CDNS	D	-1.42%
GPK	B	-1.42%
RRX	C	-1.34%
RMD	C	-1.33%
TPG	B	-1.24%
ONON	B	-1.24%
HUBS	D	-1.22%
HAE	D	-1.2%
CNM	F	-1.2%
ZTS	B	-1.19%
CTAS	C	-1.18%
VERX	D	-1.16%
MTD	D	-1.16%
HQY	C	-1.16%
CMG	C	-1.13%
SNPS	D	-1.12%
ESTC	F	-1.12%
SUM	C	-1.11%
URI	B	-1.08%
STX	D	-1.06%
TRMB	C	-0.99%
ALTR	C	-0.95%
ADI	D	-0.94%
ZBRA	B	-0.94%
UBER	C	-0.9%
VRRM	D	-0.89%
LEVI	C	-0.86%
BMRN	F	-0.84%
FWRG	F	-0.84%
FSLR	C	-0.78%
WY	C	-0.74%
DXCM	F	-0.74%
ECL	B	-0.72%
CPB	B	-0.66%
ARGX	C	-0.62%
TWST	D	-0.58%
EXAS	C	-0.57%
ASND	C	-0.5%
PEN	D	-0.48%
DAR	F	-0.44%
RCKT	D	-0.42%
CMPS	D	-0.32%
NVDA	D	-0.19%