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ETFs

Putnam PanAgora ESG Emerging Markets Equity ETF

PPEM
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jan 19 2023
Expense Ratio
0.60%
Type
Global Ex. US Equities
Fund Owner
Putnam Investments
Volume (1m avg. daily)
$26,565
AUM
$19,040,000
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

IBN
ICICI Bank Ltd. - ADR
8.20%
TSM
Taiwan Semiconductor Manufacturing - ADR
7.24%
005930
Samsung Electronics
5.48%
INFY
Infosys Ltd - ADR
4.31%
700
Tencent Holdings Ltd.
3.69%
BABA
Alibaba Group Holding Ltd - ADR
2.87%
2318
Ping AN Insurance (Group) Co. of China, Ltd. - Ordinary Shares - Class H
1.87%
RDY
Dr. Reddy`s Laboratories Ltd. - ADR
1.82%
NTES
NetEase Inc - ADR
1.79%
2308
Delta Electronic
1.72%
Invest with PPEM

What is PPEM?

The fund invests mainly in common stocks (growth or value stocks or both) of emerging markets companies of any size 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.

ETFs related toPPEM

ETFs correlated to PPEM include EEM, EDC, ESGE

PPEM
Putnam ETF Trust - Putnam PanAgora ESG Emerging Markets Equity ETF
EEM
BlackRock Institutional Trust Company N.A. - iShares MSCI Emerging Markets ETF
EDC
Direxion Shares ETF Trust - Direxion Daily Emerging Markets Bull 3X Shares
ESGE
iShares Trust - iShare Inc iShares ESG Aware MSCI EM ETF
IEMG
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Emerging Markets ETF
XSOE
WisdomTree Trust - WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
AAXJ
BlackRock Institutional Trust Company N.A. - iShares MSCI All Country Asia ex Japan ETF
GEM
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta Emerging Markets Equity ETF
DFAE
Dimensional ETF Trust - Dimensional Emerging Core Equity Market ETF
SCHE
Schwab Strategic Trust - Schwab Emerging Markets Equity ETF
VWO
Vanguard Group, Inc. - Vanguard FTSE Emerging Markets 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 toPPEM

#PTI

Pick the Trending Index

Category

Momentum, Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

#EMH

Emerging Markets with a Bond Hedge

Category

Momentum, Be Risk Aware, Diversification

Risk Rating

Aggressive

Create your own algorithmic trading strategy with PPEM using Composer

FAQ

PPEM is a Global Ex. US Equities ETF. The fund invests mainly in common stocks (growth or value stocks or both) of emerging markets companies of any size 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.

Yes, PPEM 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, PPEM 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 PPEM is -0.0126%. This is the percent change in the value of PPEM over the most recent 1-month period. The 3-month return on PPEM is -0.0359%. This is the percent change in the value of PPEM over the most recent 3-month period.

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

ETFs correlated to PPEM include EEM, EDC, and ESGE.

ETFs that are inversely correlated to PPEM include EDZ, YANG, and EFZ.

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.