Summary
Putnam Focused U.S. Research ETF is an ETF - a fund traded on an exchange like a stock - run by Franklin Templeton. Positions inside: 70. The ten largest make up 51% of the fund.
- Yearly costs
- 0.35%
- Fund size
- $546.3M
- Positions
- 70
- Dividends
- Reinvested
- Running since
- 2008
What speaks for it
- Costs of 0.35% a year are below the middle of comparable funds (0.44%).
- It has been running since 2008.
What to watch
- The ten largest positions make up 51% of the fund, so its result rests on a few names.
- 94% of the fund is in one country (United States).
- It trades little: only about $940.5K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
- Avg. market cap
- $1.90T
- P/E
- 24.8x
- Forward P/E
- 21.0x
- P/S
- 4.2x
- P/B
- 5.6x
- P/FCF
- 27.3x
- EV/EBITDA
- 17.8x
- Dividend yield
- 0.93%
- ROIC
- 23.6%
- ROE
- 50.4%
- Gross margin
- 55.7%
- Operating margin
- 32.2%
- Net margin
- 30.0%
- Payout ratio
- 22.9%
- Net debt/EBITDA
- 0.8x
- Beta
- 0.00
Weighted average of the 41 largest companies, which make up 95% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 AAApple AAPL 8.5%
- 2 MSMicrosoft MSFT 8.0%
- 3 NVNvidia NVDA 7.8%
- 4 GOAlphabet GOOGL 5.8%
- 5 AMAmazon AMZN 5.5%
- 6 LLEli Lilly LLY 3.5%
- 7 KOCoca-Cola KO 3.3%
- 8 MEMeta META 3.0%
- 9 XOExxon Mobil XOM 2.8%
- 10 SCCharles Schwab SCHW 2.5%
Positions in the fund: 70. The ten largest make up 51% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One countryBy country
- United States 94%
- Ireland 3.1%
- Bermuda 1.3%
- Other countries 1.1%
By company size
- Mega cap 69%
- Large cap 31%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest country: United States (94%). Largest size group: Mega cap (69%).
What does it cost me?
Cheap- A year from $10,000
- $35.00
- Over 20 years
- $1,714
From every $10,000 invested the fund takes $35.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $1,714.
How has it done?
- Deepest drop
- -2.6%
It has traded for less than a year, too short to judge.
Does it pay dividends?
No, it reinvestsThe fund pays nothing out. What its holdings earn stays inside and shows in the price.
Is it easy to buy and sell?
It trades little- Traded a day
- $940.5K
- Shares a day
- 29K
On an average day about $940.5K of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 24.8
- Average Bulios Score
- 70 out of 100
Weight by Bulios Fair Price
- Undervalued 17%
- Fairly valued 4.6%
- Overvalued 78%
On average the companies inside trade for 24.8 times their yearly profit. By Fair Price, 78% of the rated weight comes out as overvalued.
Counted from its largest companies (41), which make up 95% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
QD QDVO Amplify CWP Growth & Income ETF | United States | 0.56% | $763.6M | +1.6% | Pays out | 56% |
GR GROZ Zacks Trust - Zacks Focus Growth ETF | United States | 1.14% | $120.6M | +13% | - | 56% |
BI BIGY YieldMax Target 12 Big 50 Option Income ETF | United States | 1.09% | $53.8M | -1.1% | Pays out | 56% |
LD LDRX SGI Enhanced Market Leaders ETF | United States | 0.50% | $253.6M | +15% | Pays out | 55% |
US USMC Principal U.S. Mega-Cap ETF | United States | 0.12% | $3.61B | +13% | Pays out | 54% |
MA MASPTOP50.NS Mirae Asset S&P 500 Top 50 ETF | India | 0.65% | $2.13M | +52% | Reinvests | 54% |