LOWV vs. PFUT ETF Comparison

Comparison of AB US Low Volatility Equity ETF (LOWV) to Putnam Sustainable Future ETF (PFUT)

LOWV

AB US Low Volatility Equity ETF

LOWV Description

The fund is an actively-managed exchange-traded fund ("ETF"). The adviser seeks to achieve the fund"s investment objective by investing, under normal circumstances, at least 80% of its net assets in the equity securities of U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$71.43

Average Daily Volume

7,401

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

$26.12

Average Daily Volume

22,851

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LOWV	PFUT
30 Days	1.02%	3.10%
60 Days	2.36%	4.34%
90 Days	3.86%	6.07%
12 Months	24.50%	31.64%

8 Overlapping Holdings

Symbol	Grade	Weight in LOWV	Weight in PFUT	Overlap
ADBE	C	1.41%	1.32%	1.32%
ADI	D	0.6%	1.15%	0.6%
AMAT	F	0.6%	1.38%	0.6%
LULU	C	1.08%	1.04%	1.04%
MA	B	1.18%	1.69%	1.18%
MSCI	C	0.63%	1.83%	0.63%
NOW	A	1.17%	1.51%	1.17%
TMO	F	0.29%	2.06%	0.29%

LOWV Overweight 66 Positions Relative to PFUT

Symbol	Grade	Weight
MSFT	D	8.14%
GOOG	C	4.91%
AAPL	C	3.95%
AVGO	D	3.28%
FI	A	2.47%
ORCL	A	2.33%
NVDA	B	2.24%
UNH	B	2.09%
ABBV	F	2.05%
V	A	1.96%
PM	B	1.91%
AMZN	C	1.91%
MCK	A	1.74%
MRK	D	1.73%
ADP	A	1.73%
INTU	B	1.7%
META	D	1.64%
JPM	A	1.59%
AZO	C	1.49%
MMC	B	1.34%
KO	D	1.34%
AEP	C	1.33%
GILD	C	1.26%
CMCSA	B	1.26%
BAC	A	1.23%
LHX	C	1.14%
DOX	D	1.14%
PG	C	1.11%
CBOE	C	1.1%
G	B	1.06%
EG	C	1.05%
SHW	B	1.02%
ACM	B	0.96%
CI	D	0.96%
BKNG	A	0.96%
NYT	D	0.9%
LLY	F	0.89%
EA	A	0.89%
YUM	D	0.89%
VRTX	D	0.86%
MDT	D	0.85%
RELX	D	0.83%
WMT	A	0.82%
GEN	B	0.81%
WTW	B	0.79%
PGR	A	0.79%
AEE	A	0.77%
NTAP	C	0.74%
PSA	C	0.73%
ETN	A	0.66%
XOM	B	0.66%
LMT	D	0.64%
DLB	B	0.64%
MTB	A	0.61%
RGA	A	0.6%
LDOS	C	0.55%
CL	D	0.54%
AFG	A	0.5%
ORLY	B	0.48%
TSM	B	0.48%
PAYX	B	0.46%
SPGI	C	0.41%
FR	D	0.39%
CRM	B	0.33%
NICE	D	0.29%
VZ	C	0.22%

LOWV Underweight 70 Positions Relative to PFUT

Symbol	Grade	Weight
ROP	B	-2.09%
VRT	B	-2.05%
ISRG	A	-2.01%
DHR	F	-1.99%
SFM	A	-1.94%
IT	C	-1.87%
FSS	B	-1.85%
FICO	B	-1.8%
DDOG	A	-1.78%
NEE	C	-1.77%
CEG	C	-1.77%
HASI	D	-1.72%
XYL	D	-1.71%
PWR	A	-1.68%
CWST	A	-1.62%
ICLR	D	-1.53%
PINS	F	-1.52%
REGN	F	-1.48%
RMD	C	-1.45%
TPG	A	-1.4%
MTN	C	-1.38%
CDNS	B	-1.38%
COF	C	-1.35%
STX	C	-1.3%
EXAS	D	-1.29%
HUBS	A	-1.28%
GPK	C	-1.28%
RRX	B	-1.27%
WY	F	-1.26%
CPB	D	-1.25%
ZBRA	B	-1.23%
IDXX	F	-1.22%
DAR	C	-1.22%
FWRG	C	-1.21%
CTAS	B	-1.2%
ZTS	D	-1.19%
ASML	F	-1.17%
CMG	B	-1.15%
HQY	A	-1.11%
PEN	B	-1.1%
ONON	A	-1.08%
MTD	F	-1.07%
LEVI	F	-1.04%
TRMB	B	-1.04%
VRSK	A	-1.03%
VERX	A	-1.03%
ALTR	B	-0.99%
SUM	B	-0.98%
HAE	C	-0.98%
UBER	F	-0.96%
SNPS	B	-0.94%
COIN	C	-0.93%
CNM	D	-0.92%
FSLR	F	-0.87%
VRRM	F	-0.78%
ECL	D	-0.77%
ESTC	C	-0.75%
KKR	A	-0.64%
BMRN	F	-0.64%
URI	C	-0.62%
ARGX	B	-0.6%
GEV	B	-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%