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ETFs

Putnam Sustainable Future ETF

PFUT
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 25 2021
Expense Ratio
0.64%
Type
US Equities
Fund Owner
Putnam Investments
Volume (1m avg. daily)
$201,296
AUM
$170,012,768
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

IWP
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap Growth ETF
6.26%
CTAS
Cintas Corporation
3.85%
CDNS
Cadence Design Systems, Inc.
3.57%
CMG
Chipotle Mexican Grill
3.27%
TMO
Thermo Fisher Scientific Inc.
3.07%
REGN
Regeneron Pharmaceuticals, Inc.
3.06%
CRWD
Crowdstrike Holdings Inc - Ordinary Shares - Class A
2.98%
ROP
Roper Technologies Inc
2.91%
IT
Gartner, Inc.
2.87%
SFM
Sprouts Farmers Market Inc
2.77%
Invest with PFUT

What is PFUT?

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). The fund s approach to sustainable investing incorporates fundamental research together with consideration of sustainable environmental, social and economic development impact. Putnam Investment Management, LLC (Putnam Management) believes that companies whose products and services produce positive environmental, social and economic development impact also often demonstrate potential for strong financial growth. 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.

ETFs related toPFUT

ETFs correlated to PFUT include IWP, VOT, IMCG

PFUT
Putnam ETF Trust - Putnam Sustainable Future ETF
IWP
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap Growth ETF
VOT
Vanguard Group, Inc. - Vanguard Mid-Cap Growth ETF
IMCG
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap Growth ETF
QGRO
American Century ETF Trust - American Century U.S. Quality Growth ETF
NULG
Nuveen Fund Advisors LLC - Nuveen ESG Large-Cap Growth ETF
NUMG
Nuveen Fund Advisors LLC - Nuveen ESG Mid-Cap Growth ETF
QQQE
Direxion Shares ETF Trust - Direxion NASDAQ-100 Equal Weighted Index Shares
QQEW
First Trust Exchange-Traded Fund III - First Trust NASDAQ-100 Equal Weighted Index Fund
VBK
Vanguard Group, Inc. - Vanguard Small Cap Growth ETF
QQQJ
Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ Next Gen 100 ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toPFUT

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

Create your own algorithmic trading strategy with PFUT using Composer

FAQ

PFUT is a US Equities ETF. 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). The fund s approach to sustainable investing incorporates fundamental research together with consideration of sustainable environmental, social and economic development impact. Putnam Investment Management, LLC (Putnam Management) believes that companies whose products and services produce positive environmental, social and economic development impact also often demonstrate potential for strong financial growth. 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.

Yes, PFUT is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, PFUT is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on PFUT is -0.0174%. This is the percent change in the value of PFUT over the most recent 1-month period. The 3-month return on PFUT is -0.0156%. This is the percent change in the value of PFUT over the most recent 3-month period.

The standard deviation of PFUT for the past year is 0.2119%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to PFUT include SPHQ, DSI, and QUAL.

ETFs correlated to PFUT include IWP, VOT, and IMCG.

ETFs that are inversely correlated to PFUT include HIBS, SDS, and SPXS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.