Putnam Panagora ESG International Equity ETF
Data updated: 2026-06-24
C000237598 — Putnam Panagora ESG International Equity ETF. Europe Large Cap Blend / Core Thematic Equity. Holdings, fees, performance and SEC filings.
C000237598 Fund Overview
Putnam Panagora ESG International Equity ETF is a US ETF managed by Putnam ETF Trust, categorised as Europe Large Cap Blend / Core Thematic Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Putnam ETF Trust
- Category: Europe Large Cap Blend / Core Thematic Equity
- Assets under management: $4.04M
- 1-year return: 22.1%
- SEC CIK: 0001845809
- SEC series ID: S000077301
- Share class ID: C000237598
C000237598 Investment Objective and Strategy
Putnam Panagora ESG International Equity ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Putnam ETF Trust.
Investment objective
The fund seeks long-term capital appreciation.
Principal investment strategy
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 Sub-advisor, as defined below, believes offer attractive benchmark-relative returns and exhibit positive environmental, social and governance (ESG) metrics. In evaluating and selecting investments for the fund, the Sub-advisor 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 companys financial and operational health, and then construct a portfolio that integrates return potential and ESG metrics. The Sub-advisor uses advanced statistical and machine learning techniques, together with third-party and proprietary data sources, in evaluating 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 companys 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 or employee sentiment at a company. Metrics designed to evaluate companies governance practices may include third-party or proprietary data sources, including those regarding a companys shareholder structure. Additionally, the Sub-advisors quantitative model may also use third-party and/or proprietary data sources to identify companies exhibiting improved ESG profiles or those investing in ESG initiatives. The ESG metrics and information used in the portfolio construction process may change over time and may not be relevant to all companies that are eligible for investment by the fund.
In addition, the fund will not invest in securities of companies that the Sub-advisor, based on third-party data, determines at the time of investment to have a severe ESG risk rating (which measures a companys exposure to industry-specific material ESG risks and how well a company is managing those risks), to have a category 5 controversy rating (an assessment of a companys involvement in incidents with negative ESG implications), to be classified as non-compliant under the United Nations Global Compact principles, or to be substantially engaged in Arctic drilling or in the thermal coal, palm oil, controversial weapons or tobacco industries (each, a Restricted Company). In addition, at the time of any periodic rebalancing of the funds portfolio, the fund will dispose of its position in any security that, at that time, the Sub-advisor determines to be a Restricted Company.
Under normal circumstances, the fund invests at least 80% of its net assets in equity securities of companies that meet the Sub-advisors ESG criteria, as described above. The Sub-advisor will assign each company an ESG rating using proprietary ESG scores. In order to meet the Sub-advisors ESG criteria, a company must have an ESG score above 0, reflecting more positive characteristics, and, on or after June 12, 2023, must also not be a Restricted Company. A negative ESG score indicates a lower (or worse) rating. The Sub-advisor assigns companies an ESG score that ranges from 2 to +2, although the range of scores may change over time. This policy is non-fundamental and may be changed only after 60 days notice to shareholders. The Sub-advisor may not apply ESG criteria to investments that are not subject to the funds 80% policy, and such investments may not meet the Sub-advisors ESG criteria.
The funds equity investments may include common stocks, preferred stocks, convertible securities, warrants, American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs). The fund invests mainly in developed countries but may also invest in emerging markets. The Sub-advisor may consider, among other factors, a companys 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. While the Sub-advisor may consider independent third-party data as a part of its analytical process (and currently uses third-party data in applying certain of the funds investment policies), the portfolio management team performs its own independent analysis of issuers, through its quantitative model and proprietary scoring system, and does not rely solely on third-party screens.
From time to time, the fund may invest a significant portion of its assets in companies in one or more related industries or sectors. The fund may also invest a significant portion of its assets in one or more related geographic regions, such as European and Asian countries. For purposes of the funds investment strategies, techniques and risks, the term Investment Manager includes the Sub-advisor.
C000237598 Holdings
Top 10 holdings of Putnam Panagora ESG International Equity ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Asml Holding NV | 3.45% |
| Novartis AG | 3.00% |
| Intesa Sanpaolo Spa | 2.77% |
| Tesco PLC | 2.59% |
| Sony Group Corp. | 2.46% |
| Vinci SA | 2.42% |
| Itochu Corp. | 2.08% |
| Fanuc Corp. | 2.06% |
| Shell PLC | 1.95% |
| Barclays PLC | 1.78% |
C000237598 Portfolio Allocation
Asset-class allocation of Putnam Panagora ESG International Equity ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.3% |
C000237598 Performance
Total returns for C000237598 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 3.9% |
| 1 year | 22.1% |
| 3 years (annualised) | 16.6% |
C000237598 Risk Information
Risk metrics for C000237598, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 15.6%
C000237598 Costs and Fees
C000237598 costs about $49 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.49%
- Gross expense ratio: 0.49%
- Portfolio turnover: 66%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000237598 Cashflows
Over the 12 months to 2026-04, Putnam Panagora ESG International Equity ETF had net outflows of $256.65M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | −$2.05M |
| 2026-03 | −$3.13M |
| 2026-02 | −$273.56M |
| 2026-01 | $8.27M |
| 2025-12 | $8.95M |
| 2025-11 | $2.82M |
C000237598 Debt Constituents
No individual debt constituents are reported in Putnam Panagora ESG International Equity ETF's latest SEC N-PORT filing.
C000237598 Prospectus and SEC Filings
Official Putnam Panagora ESG International Equity ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-08-25
- Prospectus (485BPOS) — filed 2024-08-28
- Prospectus (485BPOS) — filed 2023-08-25
- Portfolio holdings (N-PORT) — filed 2026-06-24
- Portfolio holdings (N-PORT) — filed 2026-03-30
- Portfolio holdings (N-PORT) — filed 2025-12-29
- Annual census (N-CEN) — filed 2025-07-14
- Annual census (N-CEN) — filed 2024-07-12
Related Funds
Other Europe Large Cap Blend / Core Thematic Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.