PPIE vs. GMOI ETF Comparison

Comparison of Putnam PanAgora ESG International Equity ETF (PPIE) to GMO International Value ETF (GMOI)

PPIE

Putnam PanAgora ESG International Equity ETF

PPIE Description

The fund invests mainly in common stocks (growth or value stocks or both) of companies of any size outside the United States with a focus on companies that the fund"s subadviser, believes offer attractive benchmark-relative returns and exhibit positive environmental, social and governance ("ESG") metrics. The fund"s equity investments may include common stocks, preferred stocks, convertible securities, warrants, American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs").

Grade (RS Rating)

Last Trade

$23.46

Average Daily Volume

16,497

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GMOI

GMO International Value ETF

GMOI Description

GMOI aims for total return by focusing on international equities considered undervalued. The fund employs a combination of quantitative methods to analyze financial data, market conditions, and broader economic trends. Its proprietary models forecast returns by assessing both tangible and intangible company assets. This approach informs portfolio construction by considering sector diversity, geographic exposure, and ESG factors, while avoiding investments in industries like cluster munitions and thermal coal. By maintaining a broad investment strategy, GMOI addresses various market capitalizations and regions. To enhance liquidity and provide flexibility, the fund can also invest in the GMO US Treasury Fund and money market instruments.

Grade (RS Rating)

Last Trade

$24.33

Average Daily Volume

50,653

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PPIE	GMOI
30 Days	-1.42%
60 Days	-5.73%
90 Days	-5.65%
12 Months	14.99%

3 Overlapping Holdings

Symbol	Grade	Weight in PPIE	Weight in GMOI	Overlap
NOK	D	0.72%	1.09%	0.72%
NVS	D	3.84%	3.38%	3.38%
TD	F	0.27%	2.46%	0.27%

PPIE Overweight 7 Positions Relative to GMOI

Symbol	Grade	Weight
SONY	B	2.99%
SMFG	B	2.95%
ASML	F	2.21%
BCS	C	1.57%
AER	B	1.14%
MUFG	B	1.08%
NICE	C	0.79%

PPIE Underweight 18 Positions Relative to GMOI

Symbol	Grade	Weight
TTE	F	-3.13%
BHP	F	-2.92%
SNY	F	-2.51%
GSK	F	-1.87%
HSBC	B	-1.76%
HMC	F	-1.48%
LYG	F	-1.47%
ING	F	-1.38%
BBVA	F	-1.34%
STLA	F	-1.06%
RIO	D	-1.06%
EQNR	D	-0.95%
VOD	F	-0.94%
TS	B	-0.67%
E	F	-0.56%
WFG	D	-0.25%
STM	F	-0.21%
NWG	C	-0.06%