Putnam Sustainable Leaders ETF

PLDR is a US Equities ETF. The fund invests mainly in common stocks of U.S. companies of any size, with a focus on companies that exhibit a commitment to financially material sustainable business practices. Stocks of companies that exhibit a commitment to financially material sustainable business practices are typically, but not always, considered to be growth stocks. Growth stocks are stocks of companies whose revenues, earnings, or cash flows are expected to grow faster than those of similar firms, and whose business growth and other characteristics may lead to an increase in stock price. The fund may consider, among other factors, a company s sustainable business practices like valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends when deciding whether to buy or sell investments. Under normal circumstances, the fund invests at least 80% of the value of its net assets in securities that meet Putnam Investment Management, LLC s (Putnam Management) 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 (1 indicating the highest (best) ESG rating and 4 indicating the lowest (worst) ESG rating). In order to meet Putnam Management s sustainability criteria for purposes of this investment policy, a company must be rated 2 or 1 by Putnam Management.

Yes, PLDR 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, PLDR 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 PLDR is -0.0156%. This is the percent change in the value of PLDR over the most recent 1-month period. The 3-month return on PLDR is 0.0013%. This is the percent change in the value of PLDR over the most recent 3-month period.

The standard deviation of PLDR for the past year is 0.176%. 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 PLDR include SPHQ, DSI, and QUAL.

ETFs correlated to PLDR include IQSU, GSUS, and SPUU.

ETFs that are inversely correlated to PLDR include SPXS, SH, and SPDN.