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PGRO - ETF AI Analysis
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Putnam Focused Large Cap Growth ETF (PGRO)
Rating:71Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several key positions, including Nvidia, Broadcom, and Microsoft, have delivered strong year-to-date performance, driving the ETF’s overall returns.
Technology Sector Leadership
With over 50% exposure to the technology sector, the ETF benefits from the strong growth trends in this industry.
Reasonable Expense Ratio
The ETF’s expense ratio of 0.49% is competitive for actively managed funds, helping investors keep more of their returns.
Negative Factors
High Concentration in Top Holdings
The top three stocks—Nvidia, Microsoft, and Apple—make up over 35% of the portfolio, increasing reliance on their performance.
Limited Geographic Diversification
With nearly 97.5% exposure to U.S. companies, the ETF lacks international diversification, which could limit resilience during global market shifts.
Recent Short-Term Volatility
The ETF’s one-month performance has declined slightly, indicating potential short-term market sensitivity.
PGRO vs. SPDR S&P 500 ETF (SPY)
AUM61.74M
RegionNorth America
Expense Ratio0.49%
Beta1.26
IssuerPutnam
Inception DateMay 25, 2021
Dividend Yield0.07%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume8,137
30 Day Avg. Volume7,647
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
53.22Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering34
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PGRO Summary
The Putnam Focused Large Cap Growth ETF (PGRO) is designed for investors who want to focus on large, established companies with strong growth potential. This ETF includes well-known names like Nvidia and Microsoft, along with other industry leaders in technology, healthcare, and consumer sectors. It’s a great choice for those looking to grow their investments over time by tapping into innovative and high-performing companies. However, since it heavily invests in tech stocks, its performance can be affected by fluctuations in the technology sector and broader market trends.
How much will it cost me?The Putnam Focused Large Cap Growth ETF (PGRO) has an expense ratio of 0.49%, meaning you’ll pay $4.90 per year for every $1,000 invested. This is higher than average for ETFs because it is actively managed, aiming to select and maintain a focused portfolio of high-potential large-cap growth stocks.
What would affect this ETF?PGRO's focus on large-cap growth stocks, particularly in technology and communication services, positions it to benefit from innovation and strong consumer demand in these sectors. However, rising interest rates or regulatory changes targeting tech giants like Nvidia, Microsoft, and Apple could negatively impact growth prospects. Additionally, economic slowdowns or shifts in consumer spending could affect companies in cyclical sectors like Amazon and Tesla.
PGRO Top 10 Holdings
The Putnam Focused Large Cap Growth ETF leans heavily into technology, with Nvidia and Microsoft leading the charge but showing mixed signals recently—Nvidia’s AI-driven growth is promising, while Microsoft appears overbought. Apple’s steady climb and Alphabet’s rising momentum in AI and cloud services add strength to the fund’s tech-heavy positioning. However, Meta and Tesla are dragging performance, with Meta facing bearish trends and Tesla grappling with valuation concerns. With a clear U.S. focus and a tech-centric tilt, this fund is riding the innovation wave but faces bumps from valuation pressures and sector-specific headwinds.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 14.03% | $8.66M | $4.38T | 33.19% | 76 Outperform | |
| Microsoft | 11.46% | $7.08M | $3.61T | 14.78% | 73 Outperform | |
| Apple | 9.33% | $5.76M | $4.10T | 18.14% | 80 Outperform | |
| Broadcom | 7.76% | $4.79M | $1.88T | 148.99% | 76 Outperform | |
| Amazon | 5.32% | $3.28M | $2.45T | 11.38% | 71 Outperform | |
| Alphabet Class A | 5.07% | $3.13M | $3.86T | 89.06% | 80 Outperform | |
| Eli Lilly & Co | 4.23% | $2.61M | $1.04T | 40.11% | 71 Outperform | |
| Tesla | 4.16% | $2.57M | $1.42T | 28.14% | 73 Outperform | |
| Meta Platforms | 3.47% | $2.14M | $1.60T | 11.32% | 71 Outperform | |
| Mastercard | 3.02% | $1.86M | $489.34B | 2.36% | 69 Neutral |
PGRO Technical Analysis
Positive
―
Price Trends
44.62
Positive
43.53
Positive
40.33
Positive
Market Momentum
-0.16
Positive
53.58
Neutral
74.81
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PGRO, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 44.72, equal to the 50-day MA of 44.62, and equal to the 200-day MA of 40.33, indicating a bullish trend. The MACD of -0.16 indicates Positive momentum. The RSI at 53.58 is Neutral, neither overbought nor oversold. The STOCH value of 74.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PGRO.
PGRO Peer Comparison
Comparison Results
Performance Comparison
PGRO
Putnam Focused Large Cap Growth ETF
44.93
6.83
17.93%
LCLG
Logan Capital Broad Innovative Growth ETF
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―
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MMLG
First Trust Multi-Manager Large Growth ETF
―
―
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PRXG
Praxis Impact Large Cap Growth ETF
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―
―
IWFG
IQ Winslow Focused Large Cap Growth ETF
―
―
―
CGGG
Capital Group U.S. Large Growth ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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