PVAL vs. PID ETF Comparison

Comparison of Putnam Focused Large Cap Value ETF (PVAL) to PowerShares Intl Dividend Achievers (PID)

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

PID

PowerShares Intl Dividend Achievers

PID Description

The PowerShares International Dividend Achievers™ Portfolio (Fund) is based on the NASDAQ International Dividend AchieversTM Index (Index). The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise the Index. The Index is designed to identify an international group of American Depository Receipts, Global Depositary Receipts and non-U.S. common or ordinary stocks that have qualified as International Dividend Achievers™. These companies have increased their annual dividend for five or more consecutive fiscal years. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October. Effective December 28, 2012, the NADAQ OMX Group, Inc., replaced Mergent, Inc., as the Index Provider of the Index. Effective February 25, 2013, the name of the Index changed from International Dividend Achievers Index to NASDAQ International Dividend Achievers Index. There will be no change to the methodology by which NASDAQ OMX Group, Inc., the Index Provider, calculates the Index. Please see the Fund’s prospectus supplement for more information. On February 25, 2013, NASDAQ took the place of the NYSE as the official Index data source.

Grade (RS Rating)

Last Trade

$19.18

Average Daily Volume

75,916

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PVAL	PID
30 Days	2.64%	-3.03%
60 Days	3.97%	-2.33%
90 Days	5.68%	-0.52%
12 Months	33.59%	15.24%

1 Overlapping Holdings

	Symbol	Grade	Weight in PVAL	Weight in PID	Overlap
	SNY	F	2.58%	2.51%	2.51%

PVAL Overweight 43 Positions Relative to PID

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%
PHM	D	2.69%
HLT	A	2.66%
COF	C	2.6%
MSFT	D	2.48%
FCX	F	2.38%
LUV	C	2.37%
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%
GM	C	1.75%
QCOM	F	1.72%
AZN	F	1.71%
BJ	A	1.67%
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 22 Positions Relative to PID

Symbol	Grade	Weight
BTI	B	-4.03%
NGG	D	-3.9%
KOF	F	-3.81%
PHI	D	-3.4%
TD	D	-2.78%
GFI	D	-2.43%
DEO	F	-2.31%
OTEX	F	-2.27%
MUFG	B	-2.27%
SMFG	B	-2.23%
NVS	F	-2.12%
PSO	B	-1.85%
INFY	C	-1.76%
DOX	D	-1.63%
CNI	F	-1.51%
RELX	D	-1.28%
RBA	A	-1.12%
WTW	B	-1.01%
SAP	B	-0.92%
LOGI	D	-0.88%
NVO	F	-0.6%
WCN	A	-0.49%