TECB vs. PVAL ETF Comparison

Comparison of iShares U.S. Tech Breakthrough Multisector ETF (TECB) to Putnam Focused Large Cap Value ETF (PVAL)

TECB

iShares U.S. Tech Breakthrough Multisector ETF

TECB Description

The fund seeks to track the investment results of the NYSE FactSet U.S. Tech Breakthrough Index (the underlying index), which measures the performance of U.S. listed companies engaged in cutting edge research and development of products and services in the areas of robotics and artificial intelligence, cyber security, cloud and data tech, financial technology, and genomics and immunology. It generally will invest at least 90% of its assets in the component securities of the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.99

Average Daily Volume

19,806

Number of Holdings ^*

164

* may have additional holdings in another (foreign) market

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

$39.89

Average Daily Volume

300,953

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TECB	PVAL
30 Days	6.07%	3.78%
60 Days	7.19%	5.04%
90 Days	9.19%	6.43%
12 Months	37.00%	34.54%

4 Overlapping Holdings

Symbol	Grade	Weight in TECB	Weight in PVAL	Overlap
MSFT	F	3.47%	2.48%	2.48%
ORCL	B	4.5%	3.33%	3.33%
QCOM	F	2.28%	1.72%	1.72%
REGN	F	1.37%	1.44%	1.37%

TECB Overweight 160 Positions Relative to PVAL

Symbol	Grade	Weight
NFLX	A	4.98%
CRM	B	4.64%
NVDA	C	4.32%
AAPL	C	4.13%
META	D	4.07%
AMZN	C	3.83%
GOOGL	C	3.42%
PANW	C	3.41%
NOW	A	3.13%
ADBE	C	2.97%
V	A	2.96%
AMD	F	2.91%
MRK	F	2.72%
MA	C	2.59%
ISRG	A	2.56%
TXN	C	2.38%
CRWD	B	2.17%
GILD	C	1.94%
FTNT	C	1.59%
ADI	D	1.39%
INTC	D	1.37%
MELI	D	1.35%
EQIX	A	1.28%
INTU	C	1.12%
MSTR	C	0.92%
ADSK	A	0.89%
DLR	B	0.88%
FI	A	0.77%
SNOW	C	0.77%
TEAM	A	0.59%
AME	A	0.59%
PYPL	B	0.54%
HPQ	B	0.54%
IRM	D	0.51%
BAH	F	0.51%
HUBS	A	0.51%
ZS	C	0.5%
MCHP	D	0.46%
EBAY	D	0.45%
CPNG	D	0.41%
ANSS	B	0.4%
NTAP	C	0.38%
AKAM	D	0.37%
GDDY	A	0.36%
COIN	C	0.34%
MDB	C	0.33%
OKTA	C	0.32%
SQ	B	0.31%
WDC	D	0.31%
JNPR	F	0.3%
FIS	C	0.29%
CACI	D	0.28%
INCY	C	0.27%
NTNX	A	0.25%
TWLO	A	0.24%
PINS	D	0.23%
PSTG	D	0.23%
MRNA	F	0.22%
S	B	0.2%
GPN	B	0.18%
SAIC	F	0.17%
SRPT	D	0.17%
EXEL	B	0.17%
CPAY	A	0.16%
BR	A	0.16%
QLYS	C	0.15%
SNAP	C	0.15%
RVMD	C	0.14%
VRNS	D	0.14%
TENB	C	0.13%
CVLT	B	0.11%
GTLB	B	0.11%
DBX	B	0.1%
TOST	B	0.1%
SSNC	B	0.1%
GWRE	A	0.1%
AFRM	B	0.1%
LUMN	C	0.1%
BPMC	C	0.1%
CFLT	B	0.1%
PARA	C	0.09%
ETSY	D	0.09%
CGNX	C	0.09%
SOFI	A	0.09%
LSCC	D	0.09%
TW	A	0.09%
JKHY	D	0.08%
ALTR	B	0.08%
ALRM	C	0.08%
BSY	D	0.08%
RPD	C	0.07%
BILL	A	0.06%
MKTX	D	0.06%
ACLX	C	0.06%
WEX	D	0.05%
CALX	D	0.05%
INFA	D	0.05%
PEGA	A	0.05%
YOU	D	0.05%
AI	B	0.05%
LGND	B	0.04%
QTWO	A	0.04%
PTON	B	0.04%
OMF	A	0.04%
FRSH	C	0.04%
FOUR	B	0.04%
TWST	D	0.04%
SWTX	C	0.04%
TDC	D	0.04%
SLAB	D	0.04%
PRGS	A	0.04%
BCRX	D	0.03%
AVPT	A	0.03%
EEFT	B	0.03%
DVAX	C	0.03%
WK	B	0.03%
CCCS	B	0.03%
BEAM	D	0.03%
IOVA	F	0.03%
ATEN	B	0.03%
DOCN	D	0.03%
UPST	B	0.03%
ACIW	B	0.03%
GERN	D	0.03%
PAR	B	0.02%
SYM	C	0.02%
VERX	B	0.02%
FLYW	C	0.02%
MTTR	B	0.02%
NVAX	F	0.02%
BL	B	0.02%
VIRT	B	0.02%
NCNO	B	0.02%
ZUO	B	0.02%
SIRI	C	0.02%
CWAN	B	0.02%
APPN	B	0.02%
NTLA	F	0.02%
INTA	A	0.02%
XNCR	B	0.02%
DDD	C	0.01%
ARCT	F	0.01%
MQ	F	0.01%
BMBL	C	0.01%
DFIN	D	0.01%
AVDX	B	0.01%
VIR	D	0.01%
RCUS	F	0.01%
BASE	C	0.01%
ALKT	B	0.01%
PRLB	A	0.01%
CXM	C	0.01%
FSLY	D	0.01%
VMEO	B	0.01%
PAYO	A	0.01%
ENVA	B	0.01%
WRLD	C	0.0%
LPRO	C	0.0%
RPAY	D	0.0%
DNA	F	0.0%

TECB Underweight 40 Positions Relative to PVAL

Symbol	Grade	Weight
WMT	A	-4.2%
XOM	B	-3.89%
TMO	F	-3.56%
C	A	-3.55%
BAC	A	-3.44%
UNH	C	-3.27%
KO	D	-2.91%
NXPI	D	-2.76%
PHM	D	-2.69%
HLT	A	-2.66%
COF	B	-2.6%
SNY	F	-2.58%
FCX	D	-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	B	-2.14%
IR	B	-2.13%
AIG	B	-2.11%
GS	A	-2.03%
PM	B	-2.0%
NEE	D	-1.92%
PPL	B	-1.78%
GM	B	-1.75%
AZN	D	-1.71%
BJ	A	-1.67%
SCHW	B	-1.59%
JCI	C	-1.52%
NRG	B	-1.49%
TMUS	B	-1.49%
EMN	D	-1.45%
ABBV	D	-1.43%
VLO	C	-1.37%
BALL	D	-1.37%
CTVA	C	-1.35%
URI	B	-1.17%
CHTR	C	-0.94%