Skip to Content
ETFs

Putnam PanAgora ESG International Equity ETF

PPIE
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Jan 19, 2023
Expense Ratio
0.49%
Type
Global Ex. US Equities
Fund Owner
Putnam Investments
Volume (1m avg. daily)
$148,891
AUM
$127,884,500
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

NOVO B
Novo Nordisk - Ordinary Shares - Class B
2.82%
NOVN
Novartis AG - Registered Shares
2.29%
ASML
ASML Holding NV - New York Shares
1.9%
BHP
BHP Group Limited - ADR
1.76%
8306
Mitsubishi UFJ Financial Group, Inc.
1.72%
MC
Lvmh Moet Hennessy Vuitton SE
1.66%
AZN
Astrazeneca plc - ADR
1.52%
6758
Sony Group Corporation
1.49%
SHEL
Shell Plc
1.41%
8031
Mitsui & Co. Ltd
1.38%
Invest with PPIE
Trade PPIE Options

What is PPIE?

Putnam PanAgora ESG International Equity ETF seeks long-term capital appreciation. The fund invests mainly in common stocks (growth or value stocks or both) of companies of any size outside the United States with a focus on companies that the fund's subadviser, PanAgora Asset Management, Inc. ("PanAgora"), believes offer attractive benchmark-relative returns and exhibit positive environmental, social and governance ("ESG") metrics. In evaluating and selecting investments for the fund, PanAgora employs a proprietary framework using quantitative models that identify companies that offer above-market return potential based on their ESG metrics, together with other proprietary factors measuring a company's financial and operational health, and then construct a portfolio that integrates return potential and ESG metrics.PanAgora uses advanced statistical and machine learning techniques and third-party and proprietary data sources to evaluate companies' ESG metrics and return potential. Metrics designed to evaluate companies' environmental practices may include third-party or proprietary data sources, including those regarding a company's environmental footprint or its environmental efficiencies. Metrics designed to evaluate companies' social practices may include third-party or proprietary data sources, including those regarding board diversity levels at a company.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

PPIE
Performance Measures**

for the time period Jan 20, 2023 to Dec 4, 2025

Returns

1M Trailing Return: 2.5%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 5.9%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -13.5%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 14.3%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 1.13

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 1.20

The annualized return divided by the max drawdown for the selected time period.

ETFs related toPPIE

ETFs correlated to PPIE include IEFA, EFA, ESGD

PPIE
Putnam ETF Trust - Putnam PanAgora ESG International Equity ETF
IEFA
BlackRock Institutional Trust Company N.A. - iShares Core MSCI EAFE ETF
EFA
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE ETF
ESGD
iShares Trust - iShares Trust iShares ESG Aware MSCI EAFE ETF
BBIN
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders International Equity ETF
SCHF
Schwab Strategic Trust - Schwab International Equity ETF
IDEV
iShares Trust - iShares Core MSCI International Developed Markets ETF
VEA
Vanguard Group, Inc. - Vanguard FTSE Developed Markets ETF
BKIE
BNY Mellon ETF Trust - BNY Mellon International Equity ETF
GSIE
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta International Equity ETF
JIRE
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan International Research Enhanced Equity 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.

FAQ

PPIE is a Global Ex. US Equities ETF. Putnam PanAgora ESG International Equity ETF seeks long-term capital appreciation. The fund invests mainly in common stocks (growth or value stocks or both) of companies of any size outside the United States with a focus on companies that the fund's subadviser, PanAgora Asset Management, Inc. ("PanAgora"), believes offer attractive benchmark-relative returns and exhibit positive environmental, social and governance ("ESG") metrics. In evaluating and selecting investments for the fund, PanAgora employs a proprietary framework using quantitative models that identify companies that offer above-market return potential based on their ESG metrics, together with other proprietary factors measuring a company's financial and operational health, and then construct a portfolio that integrates return potential and ESG metrics.PanAgora uses advanced statistical and machine learning techniques and third-party and proprietary data sources to evaluate companies' ESG metrics and return potential. Metrics designed to evaluate companies' environmental practices may include third-party or proprietary data sources, including those regarding a company's environmental footprint or its environmental efficiencies. Metrics designed to evaluate companies' social practices may include third-party or proprietary data sources, including those regarding board diversity levels at a company.

Yes, PPIE 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, PPIE 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 PPIE is 0.0062%. This is the percent change in the value of PPIE over the most recent 1-month period. The 3-month return on PPIE is -0.0155%. This is the percent change in the value of PPIE over the most recent 3-month period.

ETFs similar to PPIE include PBW, IGF, and ARKK.

ETFs correlated to PPIE include IEFA, EFA, and ESGD.

ETFs that are inversely correlated to PPIE include EFZ, EPV, and SPXU.

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.