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Launched

Putnam Focused Large Cap Growth ETF

PGRONYSE ArcaB

$48.97+0.03 (+0.07%)

As of Oct 13, 2026, 3:59 PM

B61/ 100

Rank 21 of 90 in US Active Growth

B61/100Rank 21 of 90inUS Active Growth
Intraday session: up, 79 prints from 48.93 to 48.97. Range 48.54 to 48.97. Use the arrow keys to read each point.48.6048.7048.8010 AM12 PM2 PM4 PM
Expense ratio
0.50%
Fund size
$223M
1Y total return
+12.7%
Yield · Last 12 months
0.02%
Holdings
41
Avg volume · 30D
0M sh
NAV per share
$49.19
52W range
low $38.70high $49.67
Launched

The ETF.net PGRO Grade

Based on 5 of 6 pillars

B

Score 61 out of 100

Category
US Active Growth⁠
Rank
21 of 90
Six-pillar profile for PGRO. Scores out of 100: Cost 65, Risk 51, Mission not scored, Tradability 67, Holdings 53, Durability 74. Strongest: Durability (74). Weakest: Risk (51). Based on 5 of 6 pillars.

Score 61 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B65 out of 100
    Rank 28 of 90

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C51 out of 100
    Rank 36 of 82

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B67 out of 100
    Rank 19 of 90

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C53 out of 100
    Rank 50 of 89

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A74 out of 100
    Rank 22 of 90

Our read on PGRO

ETF.net Research

BAbout 30 hand-picked US growth stocks, measured against the Russell 1000 Growth. A concentrated run at a manager's best ideas, priced below the typical active large-cap growth fund.

Stated mandate

The fund seeks capital appreciation by investing primarily in large U.S. common stocks selected for growth characteristics.

Why people hold it

  1. 01Roughly 30 holdings, so each pick carries real weight instead of being diluted across a sprawling growth benchmark.
  2. 020.50% a year sits under the 0.54% median for active large-cap growth funds, and below same-benchmark rivals like HFGO (0.59%), CAML (0.65%) and TLG (0.82%).
  3. 03Live since 2021, run by Franklin Templeton, and standing in the upper half of its active growth peer group.

Worth knowing

  1. 01Concentration cuts both ways. With about 30 names, one company's stumble lands harder here than in a broad growth index fund.
  2. 02Thinly traded for its category, so spreads can widen. Limit orders are the standard tool for funds that trade this way.
  3. 03Active stock picking costs more than rules-based competition: JUSA charges 0.12% and FELG 0.18% for enhanced large-cap growth exposure.

PGRO Holdings

As of Oct 13, 2026
Asset class
Stocks
Holdings
41
Top-10 weight
58%
Largest holding
NVDA13.7%

Sectors

  • Technology53.8%
  • Communication17.5%
  • Consumer Discretionary7.4%
  • Health Care7.0%
  • Financials5.7%
  • Industrials5.5%
  • Consumer Staples1.4%
  • Materials1.2%
  • Real Estate0.5%

Geography

  • United States95.92%
  • Ireland1.65%
  • Sweden1.28%
  • Canada1.14%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001NVDANVIDIA Corp13.72%133,177$31M847
002GOOGLAlphabet Inc-Cl A9.57%60,583$21M709
003AAPLApple Inc6.38%42,189$14M715
004MSFTMicrosoft Corp5.18%21,554$12M815
005AVGOBroadcom Inc4.90%30,170$11M754
006METAMeta Platforms Inc-Class4.54%14,060$10M704
007LLYEli Lilly & Co3.92%7,408$9M583
008LRCXLam Research Corp3.37%23,529$8M606
009AMDAdvanced Micro Devices3.26%11,923$7M635
010MUMicron Technology Inc3.23%6,995$7M679
011MAMastercard Inc - A3.10%11,713$7M526
012TSLATesla Inc3.01%17,491$7M521
013VVisa Inc-Class A Shares2.80%16,189$6M558
014AMZNAmazon.com Inc2.65%22,478$6M736
015SNOWSnowflake Inc2.15%12,961$5M335

Showing 1–15 of 41 holdings

PGRO Performance

Launched May 25, 2021

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

Not enough history yet.
PGRO$11,268
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. PGRO $11,268. SPY $12,044. Use the arrow keys to read each point.$8,744$10,524$12,305Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 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 PGRO. Periods over one year show the average yearly return.
PeriodPGRO
Year to date+9.7%
1 month+4.9%
3 months+3.4%
1 year+12.7%
3 yearsper year+23.6%
5 yearsper year+12.6%
10 yearsFund is under 10 years oldper 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 PGRO
YearReturn barPGRO
2026 YTD+9.7%
2025+15.1%
2024+34.0%
2023+45.2%
2022−31.5%
2021+16.7%

History from May 26, 2021

PGRO in the news

Filtered to PGRO · US Active Growth

PGRO 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 Oct 12, 2026.
0.02%Last 12 months
Payout per share
$0.0094Last 12 months
Last payment
$0.0094 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2022–2026

One bar per payment. 4 payments from 2022 to 2026 YTD. Dec 6, 2022 $0.02; Dec 6, 2023 $0.05; Dec 5, 2024 $0.03; Dec 19, 2025 $0.0094. Use the arrow keys to read each point.20222023202420252026YTD
Ex-datePay dateAmount per share
Dec 19, 2025Dec 23, 2025$0.0094
Dec 5, 2024Dec 9, 2024$0.03
Dec 6, 2023Dec 11, 2023$0.05
Dec 6, 2022Dec 9, 2022$0.02

PGRO Risk

How much the fund’s monthly returns vary, scaled to a year.
17.1%
Annualised · 36 months to Sep 2026
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.
1.11
vs 3-month T-bills · to Sep 2026
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.
−34.7%
Trough Oct 2022
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.
1.17
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.

PGRO Cost

Expense ratio0.50%
  • The middle half of US Active Growth funds
  • Median 0.56%

29 of the 90 US Active Growth funds charge less.

PGRO costs $50.00 a year on $10,000. The median US Active Growth fund costs $56.50.

Other funds in US Active Growth

See others