XSW vs. PFUT ETF Comparison

Comparison of SPDR S&P Software & Services ETF (XSW) to Putnam Sustainable Future ETF (PFUT)

XSW

SPDR S&P Software & Services ETF

XSW Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the computer software segment of a U.S. total market composite index. In seeking to track the performance of the S&P Software & Services Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the software and services industry group of the S&P Total Stock Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$156.78

Average Daily Volume

9,665

Number of Holdings ^*

134

* may have additional holdings in another (foreign) market

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

Performance

Period	XSW	PFUT
30 Days	-0.29%	1.06%
60 Days	6.14%	6.82%
90 Days	3.30%	2.39%
12 Months	24.05%	35.40%

12 Overlapping Holdings

Symbol	Grade	Weight in XSW	Weight in PFUT	Overlap
ADBE	F	0.66%	1.5%	0.66%
ALTR	C	0.74%	0.95%	0.74%
CDNS	D	0.7%	1.39%	0.7%
DDOG	D	0.72%	1.83%	0.72%
ESTC	F	0.71%	0.76%	0.71%
FICO	C	0.71%	1.61%	0.71%
HUBS	D	0.75%	1.23%	0.75%
IT	C	0.68%	2.06%	0.68%
NOW	C	0.69%	1.48%	0.69%
ROP	C	0.69%	2.11%	0.69%
SNPS	F	0.72%	0.97%	0.72%
VERX	B	0.7%	1.06%	0.7%

XSW Overweight 122 Positions Relative to PFUT

Symbol	Grade	Weight
CIFR	F	0.91%
MSTR	C	0.85%
AUR	C	0.81%
WULF	D	0.8%
SEMR	B	0.78%
U	D	0.78%
APP	B	0.78%
PRGS	B	0.78%
CRWD	D	0.76%
RIOT	F	0.75%
DOCU	B	0.75%
CRM	C	0.75%
RPD	D	0.75%
QXO	F	0.74%
MARA	F	0.74%
ZETA	B	0.74%
PEGA	C	0.74%
RNG	F	0.74%
WK	D	0.74%
YOU	C	0.74%
CLSK	F	0.74%
PRO	F	0.73%
QTWO	C	0.73%
AGYS	D	0.73%
BL	D	0.73%
SMAR	A	0.73%
PTC	D	0.73%
INTA	C	0.73%
MANH	C	0.73%
APPN	D	0.73%
S	D	0.73%
TDC	D	0.73%
NCNO	D	0.73%
PCOR	D	0.73%
ORCL	C	0.72%
DT	C	0.72%
SPT	F	0.72%
VRNS	C	0.72%
ATEN	C	0.72%
RBRK	F	0.72%
CWAN	C	0.72%
PLTK	C	0.72%
AI	F	0.72%
DLB	D	0.72%
IBM	C	0.71%
ZM	B	0.71%
DBX	C	0.71%
QLYS	F	0.71%
ADSK	C	0.71%
FTNT	C	0.71%
ALKT	D	0.71%
GWRE	A	0.71%
ACIW	A	0.71%
PLTR	C	0.71%
PD	F	0.71%
APPF	C	0.71%
IDCC	A	0.71%
NABL	F	0.71%
ANSS	D	0.7%
PATH	D	0.7%
BSY	D	0.7%
SWI	C	0.7%
BILL	D	0.7%
CVLT	C	0.7%
INST	C	0.69%
SPSC	D	0.69%
PRFT	A	0.69%
ENV	C	0.69%
BLND	C	0.69%
ACN	B	0.69%
ALRM	F	0.69%
HCP	B	0.69%
PWSC	C	0.69%
IOT	C	0.69%
TENB	F	0.69%
TTWO	F	0.69%
KD	F	0.69%
DJCO	C	0.69%
ASGN	D	0.69%
FIVN	F	0.69%
NTNX	D	0.69%
ZS	F	0.69%
FRSH	F	0.69%
MITK	F	0.69%
BOX	C	0.68%
TEAM	D	0.68%
JAMF	F	0.68%
DV	F	0.68%
SOUN	D	0.68%
INFA	D	0.68%
EPAM	F	0.68%
ETWO	D	0.68%
EA	D	0.68%
BLKB	C	0.68%
TYL	C	0.68%
CTSH	C	0.68%
MSFT	C	0.68%
VRNT	F	0.67%
CXM	F	0.67%
WDAY	D	0.67%
DXC	D	0.67%
CFLT	F	0.67%
ZUO	F	0.67%
RAMP	F	0.66%
OSPN	C	0.66%
RBLX	C	0.66%
PANW	D	0.66%
ASAN	F	0.66%
NNBR	C	0.65%
INTU	F	0.65%
BRZE	F	0.65%
GTLB	D	0.65%
OLO	F	0.63%
MLNK	F	0.6%
YEXT	B	0.59%
IBUY	A	0.55%
GDYN	B	0.54%
WEAV	B	0.47%
CCSI	C	0.42%
DMRC	F	0.39%
HCKT	C	0.38%
AMSWA	C	0.28%

XSW Underweight 63 Positions Relative to PFUT

Symbol	Grade	Weight
TMO	C	-2.08%
ISRG	C	-2.05%
DHR	B	-1.97%
REGN	D	-1.93%
FSS	B	-1.91%
MSCI	B	-1.87%
SFM	A	-1.86%
CWST	D	-1.78%
XYL	B	-1.78%
ICLR	F	-1.75%
VRT	B	-1.74%
NEE	A	-1.72%
MA	A	-1.67%
HASI	C	-1.65%
EXAS	C	-1.63%
CEG	B	-1.61%
PWR	B	-1.57%
PINS	D	-1.53%
RMD	C	-1.47%
MTN	D	-1.46%
LULU	D	-1.41%
DAR	F	-1.37%
AMAT	D	-1.37%
COF	C	-1.34%
GPK	B	-1.33%
RRX	C	-1.31%
ASML	F	-1.3%
CPB	D	-1.27%
TPG	C	-1.22%
STX	B	-1.21%
ADI	C	-1.2%
CTAS	C	-1.2%
IDXX	D	-1.17%
WY	B	-1.16%
PEN	D	-1.14%
ZTS	B	-1.14%
CMG	C	-1.14%
HQY	B	-1.1%
MTD	B	-1.05%
ONON	C	-1.03%
SUM	D	-1.03%
CNM	F	-1.01%
TRMB	B	-0.97%
COIN	F	-0.97%
UBER	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%
URI	B	-0.78%
DXCM	F	-0.74%
PL	D	-0.65%
KKR	C	-0.61%
ARGX	A	-0.58%
ASND	C	-0.49%
GEV	A	-0.45%
TWST	D	-0.42%
RCKT	F	-0.31%
CMPS	F	-0.3%