PVAL vs. FXD ETF Comparison

Comparison of Putnam Focused Large Cap Value ETF (PVAL) to First Trust Consumer Discret. AlphaDEX (FXD)

PVAL

Putnam Focused Large Cap Value ETF

PVAL Description

The investment seeks to provide investment results that closely correspond, before expenses, to the performance of the Nasdaq U.S. Contrarian Value Index (the index). Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies that compose the index at the time of purchase. The index uses a quantitative model designed to identify equity securities in the Nasdaq US Large Mid Cap Index (the parent index) that appear to be undervalued by the market relative to their fundamental value.

Grade (RS Rating)

Last Trade

$39.30

Average Daily Volume

305,650

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FXD

First Trust Consumer Discret. AlphaDEX

FXD Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Consumer Discretionary Index (the "index"). The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the consumer discretionary sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$66.06

Average Daily Volume

29,253

Number of Holdings ^*

119

* may have additional holdings in another (foreign) market

Performance

Period	PVAL	FXD
30 Days	2.64%	3.74%
60 Days	3.97%	4.63%
90 Days	5.68%	5.23%
12 Months	33.59%	24.78%

5 Overlapping Holdings

Symbol	Grade	Weight in PVAL	Weight in FXD	Overlap
BJ	A	1.67%	0.57%	0.57%
GM	C	1.75%	1.72%	1.72%
HLT	A	2.66%	0.58%	0.58%
LUV	C	2.37%	0.59%	0.59%
PHM	D	2.69%	1.21%	1.21%

PVAL Overweight 39 Positions Relative to FXD

Symbol	Grade	Weight
WMT	A	4.2%
XOM	B	3.89%
TMO	F	3.56%
C	A	3.55%
BAC	A	3.44%
ORCL	A	3.33%
UNH	B	3.27%
KO	D	2.91%
NXPI	D	2.76%
COF	C	2.6%
SNY	F	2.58%
MSFT	D	2.48%
FCX	F	2.38%
FDX	B	2.37%
GLPI	C	2.3%
COP	C	2.28%
APO	B	2.25%
NOC	D	2.21%
MCK	A	2.14%
IR	B	2.13%
AIG	B	2.11%
GS	A	2.03%
PM	B	2.0%
NEE	C	1.92%
PPL	A	1.78%
QCOM	F	1.72%
AZN	F	1.71%
SCHW	B	1.59%
JCI	B	1.52%
NRG	B	1.49%
TMUS	B	1.49%
EMN	C	1.45%
REGN	F	1.44%
ABBV	F	1.43%
VLO	C	1.37%
BALL	F	1.37%
CTVA	C	1.35%
URI	C	1.17%
CHTR	C	0.94%

PVAL Underweight 114 Positions Relative to FXD

Symbol	Grade	Weight
UAL	A	-2.14%
CVNA	B	-1.85%
RCL	A	-1.76%
SPOT	B	-1.74%
LAD	A	-1.57%
DUOL	A	-1.53%
DDS	B	-1.51%
PVH	C	-1.38%
CPNG	D	-1.38%
DAL	B	-1.37%
VAC	C	-1.36%
TOL	B	-1.33%
EXPE	B	-1.32%
TKO	A	-1.28%
RBLX	C	-1.28%
LYV	A	-1.27%
BWA	D	-1.27%
SN	D	-1.25%
BYD	B	-1.21%
LEN	D	-1.21%
FOXA	A	-1.2%
LEA	F	-1.18%
KSS	F	-1.18%
DHI	F	-1.15%
HOG	D	-1.14%
WHR	B	-1.14%
COST	A	-1.12%
F	C	-1.12%
BURL	B	-1.1%
GNTX	C	-1.1%
CRI	F	-1.1%
GAP	C	-1.08%
NXST	C	-1.08%
THO	B	-1.07%
PAG	B	-1.07%
M	F	-1.06%
NCLH	B	-1.05%
LKQ	F	-1.04%
BFAM	D	-1.02%
APTV	F	-1.01%
HRB	D	-1.0%
AN	C	-1.0%
SKX	D	-0.99%
TPR	B	-0.99%
DG	F	-0.98%
PLNT	A	-0.95%
LOPE	C	-0.94%
ALK	B	-0.94%
SIRI	C	-0.92%
TTD	B	-0.92%
TXRH	B	-0.91%
RL	C	-0.88%
PII	F	-0.87%
AAP	D	-0.85%
H	B	-0.83%
COLM	C	-0.82%
JWN	D	-0.82%
FIVE	F	-0.8%
BBWI	C	-0.79%
ULTA	F	-0.79%
TGT	F	-0.79%
DKS	D	-0.77%
EBAY	D	-0.77%
YETI	D	-0.76%
CROX	D	-0.74%
IPG	D	-0.74%
CCL	A	-0.71%
UHAL	D	-0.7%
WSM	C	-0.68%
GRMN	B	-0.64%
NFLX	A	-0.63%
BKNG	A	-0.63%
DIS	B	-0.61%
DECK	A	-0.59%
MUSA	B	-0.58%
MSGS	A	-0.57%
TJX	A	-0.55%
DRI	B	-0.55%
HD	B	-0.54%
MAT	D	-0.53%
LVS	B	-0.52%
UBER	F	-0.51%
TSCO	D	-0.51%
MGM	D	-0.51%
CZR	F	-0.5%
NVR	D	-0.5%
BBY	D	-0.48%
GPC	D	-0.48%
WING	D	-0.43%
TSLA	B	-0.31%
TNL	A	-0.3%
AMZN	C	-0.29%
NWSA	A	-0.28%
CPRT	B	-0.28%
CHDN	B	-0.27%
ROL	B	-0.26%
AZO	C	-0.26%
LOW	C	-0.26%
ARMK	B	-0.26%
TPX	B	-0.26%
KMX	B	-0.26%
OMC	C	-0.26%
SBUX	A	-0.26%
OLLI	D	-0.25%
RH	C	-0.25%
WYNN	C	-0.25%
NYT	D	-0.25%
MCD	D	-0.25%
ROST	D	-0.24%
SITE	F	-0.24%
NKE	F	-0.22%
HAS	D	-0.22%
COTY	F	-0.21%
FND	D	-0.21%