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- Upturn Summary
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- Fund Details
Putnam Focused Large Cap Growth ETF(PGRO)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for PGRO
09/11/2026: PGRO (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Putnam Focused Large Cap Growth ETF (PGRO) provides concentrated exposure to high-growth, large-capitalization U.S. equities via an active management strategy. By selecting a limited number of stocks, it aims to outperform passive growth indices through skilled security selection. While it benefits from the reputation of Putnam/Franklin Templeton, it carries higher costs and idiosyncratic risks compared to broad, passive ETFs. It is most suitable for investors seeking active growth participation who are comfortable with the increased volatility associated with a high-conviction portfolio. Key factors to monitor include the manager's ability to outperform relative to low-cost alternatives and the impact of interest-rate changes on growth valuations.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | The fund is specifically designed to capture capital appreciation from companies with high growth potential. |
| Momentum investor | Strong fit while signal remains positive | The portfolio concentration can align with momentum trends when the underlying stock picks outperform. |
| Value investor | Weak fit | The fund prioritizes growth metrics over the valuation disciplines typically favored by value investors. |
| Dividend/Income investor | Weak fit | Large-cap growth companies rarely prioritize dividend yields, making this fund unsuitable for income seekers. |
| Low-risk investor | Weak fit | The concentrated nature of the fund introduces higher idiosyncratic risk compared to broad, diversified indices. |
Investor Profile
Ideal Investor Profile
The ideal investor is a long-term growth-oriented participant who believes in the value of active management and can tolerate the volatility of a concentrated portfolio.
Suitability
PGRO is best for long-term investors seeking alpha in their growth allocation rather than passive index followers.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | Concentrated portfolios often experience sharper price swings than diversified index funds. |
| Market risk | Medium / high | The fund remains fully exposed to systemic risks affecting the broader equity markets. |
| Concentration | High | Holding fewer stocks means the poor performance of a single company can significantly impact total fund returns. |
| Tracking/expense | Medium | Higher management fees compared to passive ETFs necessitate consistent outperformance to add net value. |
| Liquidity | Medium | Lower trading volumes for specific holdings or the fund itself can make exiting large positions more costly. |
| Business/sector quality | Medium | Performance relies heavily on the success of the chosen growth sectors and the operational quality of the selected firms. |
Risk Analysis
Volatility
PGRO exhibits higher volatility than broad-market indices due to its focused, high-conviction holdings.
Market Risk
The fund is heavily exposed to systemic equity risks, specifically those impacting growth-style equities and large-cap tech.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Market capitalization | US Large-Cap Growth Equities | 98 | The fund holds a concentrated basket of large-cap stocks specifically selected for their growth characteristics. |
| Cash/collateral | Cash and Cash Equivalents | 2 | A small cash buffer is maintained for liquidity and operational needs. |
Price Behavior
Steady Uptrend
The stock demonstrates consistent and steady upward price momentum.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type ETF | Historic Profit 53.8% | Avg. Invested days 76 | Today’s Advisory WEAK BUY |
Upturn Advisory Rating  | Upturn Advisory Performance  5.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 09/11/2026 |
ETF Fundamentals 
Source: EOD Historical Data • Updated Sep 13, 2026
Fund Basics
| Metric | Value |
|---|---|
| Fund Size (AUM) | $211.60M |
| Issuer | Franklin Templeton Investments |
| Expense Ratio | 0.5599999999999999% |
| Distribution Yield | 0.02% |
| Inception | May 25, 2021 |
Performance
| Period | Total Return |
|---|---|
| YTD | +3.70% |
| 1 Year | +5.65% |
| 3 Year | +20.95% |
| 5 Year | +10.14% |
| 10 Year | +0.00% |
Risk Metrics
| Metric | Value |
|---|---|
| 1Y Volatility | 19.11% |
| 3Y Volatility | 17.47% |
| 3Y Sharpe Ratio | 0.92 |
Ratings
| Metric | Value |
|---|---|
| Morningstar Rating | ★★★★★ |
Market Cap Distribution
| Cap Size | Weight |
|---|---|
| Mega Cap | 64.29% |
| Large Cap | 26.84% |
| Mid Cap | 8.44% |
Top Sectors
| Sector | Weight |
|---|---|
| Technology | 52.54% |
| Communication Services | 16.96% |
| Consumer Cyclicals | 7.60% |
| Healthcare | 7.10% |
Asset Allocation
Portfolio Characteristics
| Metric | Value |
|---|---|
| Portfolio P/E | 24.25x |
| Portfolio P/B | 9.22x |
| Portfolio P/S | 7.01x |
| Holdings Turnover | 45.0% |
Top Holdings
| Holding | Weight |
|---|---|
| NVIDIA | 13.77% |
| Alphabet Class A | 9.54% |
| Apple | 6.64% |
| Broadcom | 5.17% |
| Microsoft | 5.06% |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
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