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PGRI

GradeDNew York Stock Exchange Arca

Putnam International Stock ETF

Active Equity · Franklin Templeton · Inception 2025-10-21

$26.71+0.00 (+0.00%)

As of Sep 23, 2026, 9:46 AM EDT

Market opens at 9:30 AM ET.History starts Oct 23, 2025.History starts Oct 23, 2025.
Intraday session: up, 10 prints from 25.76 to 26.71. Range 25.76 to 26.71. Use the arrow keys to read each point.$26.00$26.40Sep 17Sep 18Sep 21Sep 22Sep 23
Expense ratio
0.55%
Fund size
$7M
1Y return
—
Yield · Last 12 months
Data unavailable
Volume · 30D
0M sh
NAV per share
$26.41
52W range
low $23.54high $27.86

The ETF.net PGRI Grade

D

40/ 100

Rank 40 of 57 in International Active Equity⁠

Confidence Medium

Six-pillar profile for PGRI. Scores out of 100: Cost 56, Risk 26, Mission 14, Tradability 25, Holdings 34, Durability 41. Strongest: Cost (56). Weakest: Mission (14). Leans toward Cost.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 40 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 56
    Category rank26/57 · top 46%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    FScore 14
    Category rank7/7 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 26
    Category rank48/57 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 25
    Category rank44/57 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 34
    Category rank41/53 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 41
    Category rank38/57 · mid-pack

Graded as of Sep 22, 2026

Our read on PGRI

ETF.net Research

DA Putnam stock-picking team turned loose on the world outside the US: large and midsize companies across developed and emerging markets, wrapped in an ETF that opened for business in late 2025 at 0.55% a year.

Stated mandate

The Fund seeks capital appreciation by investing primarily in equity securities of large and midsize companies outside the United States, including issuers in developed and emerging markets.

Why people hold it

  1. 01A wide passport rather than a narrow sleeve: large and midsize companies outside the US, with both developed and emerging markets in bounds, so the managers can move toward where they see the ideas.
  2. 02At 0.55% a year, it comes in under the typical actively managed international fund in its peer group. Active stock picking without the top-shelf active price tag.
  3. 03Putnam's international equity mandate inside Franklin Templeton's ETF lineup, run as a plain 1940 Act fund rather than a derivative-driven or commodity-trust structure.

Worth knowing

  1. 01It launched in October 2025, so there is no long record to lean on, and because the mandate is active there is no declared index to measure it against day to day.
  2. 02Index-driven neighbors in the same aisle, such as AVDE and DFIC, charge closer to 0.2%. The gap is the toll for having a human make the calls.
  3. 03Still a small, thinly traded fund, which tends to mean wider bid-ask spreads than the category giants, and payouts land once or twice a year rather than monthly.

PGRI Holdings

As of Sep 22, 2026, 9:41 PM
Asset class
Stocks
Holdings
—
Top-10 weight
52%
Largest holding
TSM8.7%

Geography

  • United Kingdom17.24%
  • Japan16.02%
  • Netherlands11.49%
  • France9.86%
  • Taiwan (Province of China)8.66%
  • United States5.61%
  • China5.58%
  • Switzerland4.33%
  • Other countries (8)21.22%

Developed 83% · Emerging 17% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001TSMTAIWAN SEMICONDUCTOR-SP A8.65%1,283$571K268
002ASML.ASASML HOLDING NV6.95%270$459K194
003SAF.PASAFRAN SA5.32%926$351K156
0046501.THITACHI LTD5.10%9,600$337K163
005AIR.PAAIRBUS SE4.53%1,337$299K134
006SU.PASCHNEIDER ELECTRIC SE4.52%882$299K173
0076861.TKEYENCE CORP4.42%600$292K156
0087741.THOYA CORP4.35%2,000$287K148
009ABBN.SWABB LTD-REG4.33%2,856$286K180
010AZN.LASTRAZENECA PLC3.97%1,559$262K164
011SSNHZSAMSUNG ELECTR-GDR REG S3.95%52$261K3
0121299.HKAIA GROUP LTD3.88%26,000$256K154
013CPG.LCOMPASS GROUP PLC3.73%8,193$246K126
014LSEG.LLONDON STOCK EXCHANGE GRO3.68%2,175$243K121
0159988.HKALIBABA GROUP HOLDING LTD3.41%15,700$225K128

Showing 1–15 of 28 holdings

PGRI Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

PGRI$10,801
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. PGRI $10,801. SPY $11,430. Use the arrow keys to read each point.$9,119$10,381$11,642Dec 2025May 2026Sep 2026

Dec 31, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for PGRI. Periods over one year show the average yearly return.
PeriodPGRI
Year to date+8.0%
1 month−0.7%
3 months−3.6%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for PGRI
YearReturn barPGRI
2026 YTD+8.0%
2025−1.1%

History from Oct 23, 2025

PGRI in the news

PGRI Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.03 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 19, 2025 $0.03. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 19, 2025Dec 29, 2025$0.03

PGRI Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Oct 2025; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Oct 2025; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Oct 2025; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.97
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

PGRI Cost

Expense ratio0.55%
  • The middle half of International Active Equity funds
  • Median 0.58%

23 of the 55 International Active Equity funds charge less.

PGRI costs $55.00 a year on $10,000. The median International Active Equity fund costs $58.00.