PFUT vs. ULVM ETF Comparison

Comparison of Putnam Sustainable Future ETF (PFUT) to VictoryShares USAA MSCI USA Value Momentum ETF (ULVM)

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

$24.89

Average Daily Volume

23,846

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ULVM

VictoryShares USAA MSCI USA Value Momentum ETF

ULVM Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the MSCI USA Select Value Momentum Blend Index. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its assets in securities in the index. The index is designed to deliver exposure to equity securities of large- and mid-capitalization U.S. issuers within the MSCI USA Index (the parent index) that have higher exposure to value and momentum factors, while also maintaining moderate index turnover and lower realized volatility than traditional capitalization-weighted indexes.

Grade (RS Rating)

Last Trade

$80.52

Average Daily Volume

540

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	PFUT	ULVM
30 Days	1.06%	0.99%
60 Days	6.82%	7.50%
90 Days	2.39%	7.88%
12 Months	35.40%	34.55%

6 Overlapping Holdings

Symbol	Grade	Weight in PFUT	Weight in ULVM	Overlap
COF	C	1.34%	0.79%	0.79%
KKR	C	0.61%	0.66%	0.61%
REGN	D	1.93%	1.01%	1.01%
URI	B	0.78%	0.57%	0.57%
VRT	B	1.74%	0.43%	0.43%
WY	B	1.16%	0.94%	0.94%

PFUT Overweight 69 Positions Relative to ULVM

Symbol	Grade	Weight
ROP	C	2.11%
TMO	C	2.08%
IT	C	2.06%
ISRG	C	2.05%
DHR	B	1.97%
FSS	B	1.91%
MSCI	B	1.87%
SFM	A	1.86%
DDOG	D	1.83%
CWST	D	1.78%
XYL	B	1.78%
ICLR	F	1.75%
NEE	A	1.72%
MA	A	1.67%
HASI	C	1.65%
EXAS	C	1.63%
FICO	C	1.61%
CEG	B	1.61%
PWR	B	1.57%
PINS	D	1.53%
ADBE	F	1.5%
NOW	C	1.48%
RMD	C	1.47%
MTN	D	1.46%
LULU	D	1.41%
CDNS	D	1.39%
DAR	F	1.37%
AMAT	D	1.37%
GPK	B	1.33%
RRX	C	1.31%
ASML	F	1.3%
CPB	D	1.27%
HUBS	D	1.23%
TPG	C	1.22%
STX	B	1.21%
ADI	C	1.2%
CTAS	C	1.2%
IDXX	D	1.17%
PEN	D	1.14%
ZTS	B	1.14%
CMG	C	1.14%
HQY	B	1.1%
VERX	B	1.06%
MTD	B	1.05%
ONON	C	1.03%
SUM	D	1.03%
CNM	F	1.01%
TRMB	B	0.97%
SNPS	F	0.97%
COIN	F	0.97%
UBER	C	0.95%
ALTR	C	0.95%
HAE	D	0.94%
LEVI	B	0.93%
ZBRA	C	0.92%
BMRN	F	0.85%
FWRG	F	0.83%
FSLR	C	0.8%
VRRM	D	0.79%
ECL	A	0.78%
ESTC	F	0.76%
DXCM	F	0.74%
PL	D	0.65%
ARGX	A	0.58%
ASND	C	0.49%
GEV	A	0.45%
TWST	D	0.42%
RCKT	F	0.31%
CMPS	F	0.3%

PFUT Underweight 118 Positions Relative to ULVM

Symbol	Grade	Weight
BRK.A	C	-1.42%
LMT	A	-1.36%
L	D	-1.28%
GD	A	-1.27%
DUK	B	-1.27%
PEG	A	-1.25%
KMI	A	-1.21%
BK	C	-1.19%
WELL	B	-1.19%
BSX	A	-1.18%
WMT	A	-1.17%
ETR	A	-1.16%
RTX	A	-1.1%
T	A	-1.1%
LDOS	A	-1.1%
PKG	A	-1.09%
SSNC	C	-1.08%
DOW	B	-1.06%
HIG	A	-1.05%
LYB	D	-1.05%
AVB	C	-1.03%
WAB	A	-1.02%
VZ	A	-1.01%
CI	C	-0.99%
FOXA	A	-0.98%
CTSH	C	-0.98%
COST	C	-0.98%
VICI	C	-0.98%
TRGP	C	-0.98%
KR	B	-0.98%
IBM	C	-0.95%
DGX	C	-0.95%
KHC	B	-0.95%
ELV	F	-0.95%
JPM	D	-0.95%
EXC	A	-0.94%
AIG	F	-0.94%
ESS	C	-0.9%
AXP	A	-0.89%
HCA	A	-0.87%
RGA	C	-0.87%
TSN	D	-0.87%
GS	D	-0.87%
MLM	D	-0.87%
EQH	C	-0.86%
NWSA	D	-0.86%
GDDY	D	-0.86%
NVR	A	-0.85%
BAC	D	-0.84%
IRM	B	-0.84%
SPG	A	-0.84%
TXT	D	-0.83%
KIM	C	-0.82%
IR	B	-0.8%
PFE	D	-0.8%
C	B	-0.79%
CSL	A	-0.79%
APH	D	-0.78%
MCK	F	-0.78%
DD	B	-0.77%
WFC	D	-0.76%
DAL	B	-0.76%
CBRE	A	-0.75%
GRMN	D	-0.74%
FITB	C	-0.74%
PSX	F	-0.74%
STLD	C	-0.74%
GOOGL	C	-0.73%
CNC	F	-0.72%
GE	C	-0.72%
EME	C	-0.71%
TFC	D	-0.71%
CASY	D	-0.69%
OC	B	-0.68%
ARE	D	-0.68%
FANG	F	-0.68%
VTRS	D	-0.68%
CRBG	C	-0.67%
PHM	A	-0.67%
SYF	C	-0.66%
UTHR	B	-0.66%
IP	B	-0.66%
HPQ	C	-0.64%
GM	D	-0.64%
VLO	F	-0.64%
LEN	B	-0.63%
FCNCA	D	-0.63%
MPC	F	-0.63%
CVS	D	-0.63%
NTAP	D	-0.63%
LLY	D	-0.62%
CFG	D	-0.61%
THC	C	-0.6%
UAL	B	-0.6%
HPE	C	-0.59%
HWM	A	-0.59%
KEY	C	-0.58%
FDX	D	-0.58%
DHI	B	-0.57%
TOL	A	-0.56%
WDC	C	-0.54%
META	A	-0.54%
ADM	D	-0.52%
VST	A	-0.52%
ALLY	F	-0.5%
SWKS	F	-0.49%
F	D	-0.49%
WSM	C	-0.48%
BLDR	B	-0.47%
AVGO	C	-0.47%
MU	D	-0.47%
APP	B	-0.45%
INTC	D	-0.41%
NVDA	C	-0.37%
DELL	D	-0.34%
MSTR	C	-0.31%
CVNA	A	-0.28%
MRNA	F	-0.26%