PFUT vs. INNO ETF Comparison

Comparison of Putnam Sustainable Future ETF (PFUT) to Harbor Disruptive Innovation ETF (INNO)

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

$23.38

Average Daily Volume

26,622

Number of Holdings ^*

* may have additional holdings in another (foreign) market

INNO

Harbor Disruptive Innovation ETF

INNO Description

INNO invests in stocks of any size with growth potential linked to disruptive innovation. The fund aims to achieve enhanced risk-adjusted investment outcome by utilizing an active multi-manager approach in which the advisor allocates assets among subadvisors. Each subadvisor represents a strategy that targets associated disruptive companies in technology, advanced therapies, analog-to-digital transition, structural changes and secular trends, and products or services with large demand. The advisor determines and adjusts allocations based on qualitative and quantitative assessments of each strategy, as well as in combination. The fund may invest up to 25% in foreign markets, including developing countries. INNO utilizes the same investment strategy and portfolio management team as its mutual fund counterpart, Harbor Disruptive Innovation Fund.

Grade (RS Rating)

Last Trade

$14.64

Average Daily Volume

9,934

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PFUT	INNO
30 Days	2.17%	3.62%
60 Days	-4.34%	-7.55%
90 Days	-3.52%	-3.76%
12 Months	20.46%	11.53%

13 Overlapping Holdings

Symbol	Grade	Weight in PFUT	Weight in INNO	Overlap
AMAT	F	1.76%	0.68%	0.68%
ASND	D	0.5%	1.94%	0.5%
CDNS	D	1.42%	2.98%	1.42%
CMG	D	1.13%	1.53%	1.13%
DDOG	D	1.95%	1.14%	1.14%
DHR	B	2.16%	3.04%	2.16%
DXCM	F	0.74%	0.36%	0.36%
HUBS	F	1.22%	0.88%	0.88%
ICLR	D	1.9%	0.82%	0.82%
NOW	B	1.44%	3.96%	1.44%
NVDA	D	0.19%	3.53%	0.19%
RCKT	F	0.42%	0.47%	0.42%
URI	C	1.08%	2.62%	1.08%

PFUT Overweight 62 Positions Relative to INNO

Symbol	Grade	Weight
IWP	C	2.73%
ROP	C	2.49%
CWST	C	2.31%
IT	B	2.24%
TMO	A	2.22%
IDXX	D	2.21%
FSS	D	2.16%
SFM	B	2.15%
REGN	B	2.13%
FICO	A	1.99%
MA	B	1.91%
ISRG	B	1.87%
XYL	D	1.84%
HASI	B	1.78%
MSCI	B	1.76%
NEE	A	1.74%
VRT	F	1.65%
ASML	F	1.64%
CEG	D	1.64%
PWR	C	1.62%
PINS	F	1.62%
MTN	C	1.56%
ADBE	B	1.53%
LULU	F	1.5%
COF	C	1.48%
GPK	B	1.42%
RRX	D	1.34%
RMD	A	1.33%
TPG	B	1.24%
ONON	B	1.24%
HAE	F	1.2%
CNM	F	1.2%
ZTS	A	1.19%
CTAS	B	1.18%
VERX	C	1.16%
MTD	C	1.16%
HQY	D	1.16%
SNPS	D	1.12%
ESTC	F	1.12%
SUM	D	1.11%
STX	D	1.06%
TRMB	D	0.99%
ALTR	D	0.95%
ADI	C	0.94%
ZBRA	C	0.94%
UBER	B	0.9%
VRRM	D	0.89%
LEVI	C	0.86%
BMRN	D	0.84%
FWRG	D	0.84%
FSLR	C	0.78%
WY	C	0.74%
ECL	B	0.72%
CPB	A	0.66%
KKR	B	0.65%
ARGX	A	0.62%
TWST	F	0.58%
EXAS	B	0.57%
PEN	C	0.48%
DAR	D	0.44%
CMPS	D	0.32%
PL	D	0.2%

PFUT Underweight 52 Positions Relative to INNO

Symbol	Grade	Weight
LRCX	F	-3.97%
GOOG	D	-3.41%
MELI	B	-3.39%
PGR	A	-3.3%
LIN	B	-3.0%
AMZN	D	-2.8%
SHOP	C	-2.7%
TXN	C	-2.53%
DASH	B	-2.3%
MSFT	D	-2.09%
META	C	-1.99%
GOOGL	D	-1.99%
IOT	A	-1.9%
TEAM	F	-1.65%
AMD	F	-1.5%
TOST	D	-1.35%
CGNX	D	-1.28%
NET	F	-1.13%
PCOR	F	-1.06%
NFLX	B	-1.03%
MEDP	D	-0.98%
SAP	B	-0.9%
MNDY	C	-0.84%
ZS	F	-0.83%
GTLS	F	-0.82%
MRNA	F	-0.81%
S	D	-0.8%
PANW	B	-0.8%
SMAR	A	-0.77%
LLY	B	-0.73%
SE	B	-0.71%
NU	B	-0.7%
MDB	C	-0.68%
LEGN	D	-0.67%
MTSI	D	-0.67%
BSY	D	-0.66%
DT	A	-0.64%
LSCC	F	-0.61%
ROKU	C	-0.6%
OKTA	F	-0.59%
CRM	D	-0.57%
SQ	D	-0.56%
PODD	A	-0.53%
TSM	D	-0.53%
GEV	A	-0.47%
DKNG	D	-0.46%
SNOW	F	-0.42%
HUBB	C	-0.42%
CRWD	F	-0.38%
GLBE	D	-0.35%
SAIA	D	-0.35%
PCVX	A	-0.34%