PFUT vs. CNEQ ETF Comparison
Comparison of Putnam Sustainable Future ETF (PFUT) to Alger Concentrated Equity ETF (CNEQ)
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
78
CNEQ
Alger Concentrated Equity ETF
CNEQ Description
CNEQ is actively managed, investing in large-cap companies on U.S. exchanges that have a promising growth potential. At least 25% of the total assets go into related industries like software and technology hardware, semiconductors, IT services, electronic devices, retail and communication industries. The fund may invest more than 25% of total assets get invested in a single industry. A significant portion may be dedicated to enterprises within a sector, like Information Technology and Communication Services. The portfolio generally comprises no more than 30 holdings, often selling when a stock reaches its target price. The Fund also invests in cash and cash equivalents during market volatility or in the absence of viable long-term investment options. This cash holding is not expected to exceed 15% of net assets.Grade (RS Rating)
Last Trade
$25.51
Average Daily Volume
3,734
25
Performance
| Period | PFUT | CNEQ |
|---|---|---|
| 30 Days | 5.25% | 6.39% |
| 60 Days | 5.80% | 11.26% |
| 90 Days | 7.43% | 15.00% |
| 12 Months | 33.33% |
PFUT Overweight 72 Positions Relative to CNEQ
| Symbol | Grade | Weight | |
|---|---|---|---|
| ROP | B | 2.09% | |
| TMO | F | 2.06% | |
| SFM | A | 1.94% | |
| IT | C | 1.87% | |
| FSS | B | 1.85% | |
| MSCI | C | 1.83% | |
| FICO | B | 1.8% | |
| DDOG | A | 1.78% | |
| NEE | D | 1.77% | |
| HASI | D | 1.72% | |
| XYL | D | 1.71% | |
| MA | C | 1.69% | |
| PWR | A | 1.68% | |
| CWST | A | 1.62% | |
| ICLR | D | 1.53% | |
| PINS | D | 1.52% | |
| NOW | A | 1.51% | |
| REGN | F | 1.48% | |
| RMD | C | 1.45% | |
| TPG | A | 1.4% | |
| MTN | C | 1.38% | |
| AMAT | F | 1.38% | |
| COF | B | 1.35% | |
| ADBE | C | 1.32% | |
| STX | D | 1.3% | |
| EXAS | D | 1.29% | |
| HUBS | A | 1.28% | |
| GPK | C | 1.28% | |
| RRX | B | 1.27% | |
| WY | D | 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% | |
| CMG | B | 1.15% | |
| ADI | D | 1.15% | |
| HQY | B | 1.11% | |
| PEN | B | 1.1% | |
| ONON | A | 1.08% | |
| MTD | D | 1.07% | |
| LULU | C | 1.04% | |
| LEVI | F | 1.04% | |
| TRMB | B | 1.04% | |
| VRSK | A | 1.03% | |
| VERX | B | 1.03% | |
| ALTR | B | 0.99% | |
| SUM | B | 0.98% | |
| HAE | C | 0.98% | |
| UBER | D | 0.96% | |
| SNPS | B | 0.94% | |
| COIN | C | 0.93% | |
| CNM | D | 0.92% | |
| FSLR | F | 0.87% | |
| VRRM | D | 0.78% | |
| ECL | D | 0.77% | |
| ESTC | C | 0.75% | |
| KKR | A | 0.64% | |
| BMRN | D | 0.64% | |
| URI | B | 0.62% | |
| ARGX | A | 0.6% | |
| GEV | B | 0.56% | |
| PL | A | 0.54% | |
| ASND | D | 0.52% | |
| SGBX | F | 0.49% | |
| AZN | D | 0.49% | |
| DXCM | D | 0.46% | |
| TWST | D | 0.43% | |
| RCKT | F | 0.29% | |
| CMPS | F | 0.25% |
PFUT Underweight 19 Positions Relative to CNEQ
PFUT: Top Represented Industries & Keywords
CNEQ: Top Represented Industries & Keywords
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