---
ticker: "PEMX"
name: "Putnam Emerging Markets Ex-China ETF"
url: "https://etf.net/etf/PEMX"
grade: "C"
score: 53
graded_at: "2026-10-12"
category: "Emerging Markets Active Growth"
category_rank: "4 of 9"
methodology: "https://etf.net/methodology"
---

# PEMX: Putnam Emerging Markets Ex-China ETF

Grade **C**, Score 53 of 100. Rank 4 of 9 in Emerging Markets Active Growth.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 58 | 4 of 9 |
| Mission | 100 | 1 of 2 |
| Risk | 53 | 3 of 9 |
| Tradability | 48 | 4 of 9 |
| Holdings | 42 | 7 of 9 |
| Durability | 61 | 5 of 9 |

## Top holdings

The fund holds 56 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | 2330.TW | Taiwan Semiconductor Manu | 21.67% |
| 2 | 005930.KS | Samsung Electronics Co Lt | 11.57% |
| 3 | 000660.KS | Sk Hynix Inc | 4.39% |
| 4 | 402340.KS | Sk Square Co Ltd | 2.89% |
| 5 | 2308.TW | Delta Electronics Inc | 2.85% |
| 6 | ICICIBANK.BO | Icici Bank Ltd | 2.81% |
| 7 | ITUB4.SA | Itau Unibanco Holding S-P | 2.68% |
| 8 | 105560.KS | Kb Financial Group Inc | 2.65% |
| 9 | 1303.TW | Nan Ya Plastics Corp | 2.21% |
| 10 | BHARTIARTL.BO | Bharti Airtel Ltd | 1.98% |
| 11 | 009150.KS | Samsung Electro-Mechanics | 1.88% |
| 12 | NTPC.BO | Ntpc Ltd | 1.85% |
| 13 | 2345.TW | Accton Technology Corp | 1.80% |
| 14 | 2383.TW | Elite Material Co Ltd | 1.74% |
| 15 | OTP.BD | Otp Bank PLC | 1.63% |
| 16 | FSR.JO | Firstrand Ltd | 1.59% |
| 17 | 2891.TW | Ctbc Financial Holding Co | 1.53% |
| 18 | ABCAPITAL.BO | Aditya Birla Capital Ltd | 1.51% |
| 19 | LT.BO | Larsen & Toubro Ltd | 1.51% |
| 20 | 2327.TW | Yageo Corporation | 1.41% |
| 21 | ANG.JO | Anglogold Ashanti PLC | 1.32% |
| 22 | SBSP3.SA | Cia Saneamento Basico De | 1.28% |
| 23 | GFNORTEO.MX | Grupo Financiero Banorte- | 1.27% |
| 24 | BPAC11.SA | Banco Btg Pactual Sa-Unit | 1.17% |
| 25 | FAB.AE | First Abu Dhabi Bank Pjsc | 1.13% |
| 26 | APOLLOHOSP.BO | Apollo Hospitals Enterpri | 1.08% |
| 27 | ETE.AT | National Bank of Greece | 1.08% |
| 28 | 7020.SR | Etihad Etisalat Co | 1.06% |
| 29 | 4904.TW | Far Eastone Telecomm Co L | 1.05% |
| 30 | PETR4.SA | Petrobras - Petroleo Bras | 1.04% |

Source: etf.net, https://etf.net/etf/PEMX. Please cite the page URL.