PFUT vs. FDMO ETF Comparison

Comparison of Putnam Sustainable Future ETF (PFUT) to Fidelity Momentum Factor ETF (FDMO)

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

$26.04

Average Daily Volume

21,533

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDMO

Fidelity Momentum Factor ETF

FDMO Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Momentum Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Momentum Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies that exhibit positive momentum signals.

Grade (RS Rating)

Last Trade

$71.55

Average Daily Volume

48,446

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

Performance

Period	PFUT	FDMO
30 Days	3.47%	6.39%
60 Days	10.35%	16.55%
90 Days	10.82%	17.35%
12 Months	40.41%	50.90%

13 Overlapping Holdings

Symbol	Grade	Weight in PFUT	Weight in FDMO	Overlap
AMAT	D	1.38%	1.31%	1.31%
CEG	D	1.77%	0.37%	0.37%
CMG	C	1.15%	0.57%	0.57%
COIN	B	0.93%	0.48%	0.48%
CTAS	A	1.2%	0.51%	0.51%
ECL	D	0.77%	0.24%	0.24%
ISRG	A	2.01%	1.07%	1.07%
KKR	B	0.64%	0.65%	0.64%
NEE	D	1.77%	0.44%	0.44%
REGN	F	1.48%	0.72%	0.72%
SFM	A	1.94%	0.28%	0.28%
UBER	F	0.96%	0.75%	0.75%
VRT	A	2.05%	0.6%	0.6%

PFUT Overweight 65 Positions Relative to FDMO

Symbol	Grade	Weight
ROP	B	2.09%
TMO	F	2.06%
DHR	F	1.99%
IT	B	1.87%
FSS	C	1.85%
MSCI	B	1.83%
FICO	B	1.8%
DDOG	C	1.78%
HASI	F	1.72%
XYL	F	1.71%
MA	A	1.69%
PWR	A	1.68%
CWST	C	1.62%
ICLR	F	1.53%
PINS	D	1.52%
NOW	B	1.51%
RMD	B	1.45%
TPG	B	1.4%
MTN	D	1.38%
CDNS	B	1.38%
COF	B	1.35%
ADBE	F	1.32%
STX	D	1.3%
EXAS	F	1.29%
HUBS	B	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%
ZTS	F	1.19%
ASML	F	1.17%
ADI	D	1.15%
HQY	A	1.11%
PEN	C	1.1%
ONON	C	1.08%
MTD	F	1.07%
LULU	D	1.04%
LEVI	F	1.04%
TRMB	A	1.04%
VRSK	A	1.03%
VERX	B	1.03%
ALTR	C	0.99%
SUM	B	0.98%
HAE	B	0.98%
SNPS	B	0.94%
CNM	D	0.92%
FSLR	F	0.87%
VRRM	F	0.78%
ESTC	C	0.75%
BMRN	F	0.64%
URI	B	0.62%
ARGX	B	0.6%
GEV	A	0.56%
PL	C	0.54%
ASND	F	0.52%
SGBX	F	0.49%
AZN	F	0.49%
DXCM	D	0.46%
TWST	C	0.43%
RCKT	F	0.29%
CMPS	F	0.25%

PFUT Underweight 110 Positions Relative to FDMO

Symbol	Grade	Weight
NVDA	B	-7.6%
MSFT	C	-6.96%
AMZN	B	-3.64%
GOOGL	B	-3.64%
AVGO	B	-2.7%
META	B	-2.61%
APP	B	-2.54%
BRK.A	C	-1.93%
LLY	D	-1.89%
CRWD	C	-1.62%
JPM	B	-1.61%
ANET	C	-1.45%
DELL	C	-1.36%
APH	B	-1.35%
ABBV	B	-1.33%
MU	C	-1.32%
V	B	-1.28%
GDDY	A	-1.28%
HD	B	-1.16%
XOM	B	-1.16%
KLAC	F	-1.16%
MRK	F	-1.08%
BAC	B	-0.96%
COST	B	-0.95%
BSX	A	-0.95%
PG	D	-0.93%
AMGN	C	-0.92%
WFC	B	-0.89%
WMT	A	-0.89%
NFLX	A	-0.85%
NTRA	A	-0.82%
BKNG	B	-0.78%
AXP	B	-0.74%
GS	B	-0.74%
CAT	B	-0.73%
THC	B	-0.72%
PGR	B	-0.72%
GE	C	-0.7%
KO	D	-0.68%
ELV	F	-0.67%
ETN	A	-0.65%
RTX	C	-0.65%
CB	D	-0.64%
C	B	-0.64%
TJX	C	-0.64%
CVNA	B	-0.63%
MCK	B	-0.63%
PM	C	-0.62%
HOOD	A	-0.6%
HLT	A	-0.58%
SMCI	F	-0.57%
LIN	D	-0.54%
TT	A	-0.54%
T	B	-0.53%
VZ	D	-0.53%
ALL	B	-0.53%
JXN	B	-0.51%
DECK	B	-0.51%
TDG	C	-0.5%
WM	B	-0.5%
LDOS	A	-0.49%
WAB	A	-0.48%
GD	B	-0.48%
HIG	C	-0.48%
TMUS	A	-0.46%
FIX	A	-0.44%
EME	B	-0.44%
RSG	B	-0.42%
WSM	F	-0.41%
ANF	C	-0.41%
CSL	C	-0.4%
WMB	B	-0.38%
CL	F	-0.35%
OKE	A	-0.35%
WING	F	-0.34%
SO	D	-0.33%
TRGP	A	-0.33%
DUK	D	-0.31%
VST	B	-0.31%
WELL	B	-0.3%
EQIX	B	-0.29%
AMT	F	-0.29%
PSX	F	-0.28%
MPC	F	-0.27%
SHW	B	-0.27%
CASY	B	-0.26%
FANG	D	-0.25%
DLR	B	-0.25%
FRPT	B	-0.25%
AEP	D	-0.24%
SPG	A	-0.24%
PEG	D	-0.24%
FCX	C	-0.24%
PSA	D	-0.23%
IRM	C	-0.21%
NRG	B	-0.21%
FTI	B	-0.21%
EXR	D	-0.19%
AVB	A	-0.19%
MLM	B	-0.19%
IFF	F	-0.17%
PKG	B	-0.17%
LAMR	C	-0.16%
ELF	D	-0.16%
ESS	C	-0.16%
STLD	B	-0.16%
WFRD	F	-0.16%
SLG	B	-0.15%
AVY	F	-0.14%
CRS	B	-0.14%