PGRO vs KCCA

Comparison between Putnam Focused Large Cap Growth ETF (PGRO, ETF) and KRANESHARES CALIFORNIA CARBON ALLOWANCE STRATEGY ETF (KCCA, ETF).

5-Year PerformancePGRO has outperformed KCCA, delivering a return of +13.3% compared to -2.7%

PGRO vs KCCA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PGRO(ETF)	KCCA(ETF)
Net Assets	$107M	$107M
Expense Ratio	0.49%	0.91%
Max Drawdown	34.73%	54.18%
Sharpe Ratio	0.97	0.87
5Y Beta	1.23	-0.11
P/E Ratio	39.92	N/A
Forward P/E	30.60	N/A
PEG Ratio	0.54	N/A
5Y EPS CAGR	35.13%	N/A
Debt to Equity	34.74%	N/A
P/S Ratio	8.22	N/A
P/B Ratio	14.98	N/A

Net Assets

Winner

PGRO

$107M

KCCA

$107M

Expense Ratio

Winner

PGRO

0.49%

KCCA

0.91%

Max Drawdown

Winner

PGRO

34.73%

KCCA

54.18%

Sharpe Ratio

Winner

PGRO

0.97

KCCA

0.87

5Y Beta

PGRO

1.23

Winner

KCCA

-0.11

P/E Ratio

PGRO

39.92

KCCA

N/A

Forward P/E

PGRO

30.60

KCCA

N/A

PEG Ratio

PGRO

0.54

KCCA

N/A

5Y EPS CAGR

PGRO

35.13%

KCCA

N/A

Debt to Equity

PGRO

34.74%

KCCA

N/A

P/S Ratio

PGRO

8.22

KCCA

N/A

P/B Ratio

PGRO

14.98

KCCA

N/A

PGRO vs KCCA - Holdings Comparison

PGRO and KCCA have 0 common holdings. Overlap is 0.00%

PGRO's top 25 holdings weight is 93.29%. KCCA's top 25 holdings weight is 85.06%.

Rank	PGRO	KCCA
#1	NVIDIA CORP (NVDA) - 15.23%	KRANESHARES SUST ULTRA SHRT DUR IDX ETF (KCSH) - 78.63%
#2	APPLE INC (AAPL) - 10.01%	STATE STREET INSTL US GOVT MMKT PREMIER (GVMXX) - 6.43%
#3	MICROSOFT CORP (MSFT) - 7.58%	N/A
#4	BROADCOM INC (AVGO) - 7.28%	N/A
#5	ALPHABET INC CLASS A (GOOGL) - 6.13%	N/A
#6	AMAZON.COM INC (AMZN) - 4.92%	N/A
#7	META PLATFORMS INC CLASS A (META) - 4.19%	N/A
#8	ELI LILLY AND CO (LLY) - 3.91%	N/A
#9	TESLA INC (TSLA) - 3.14%	N/A
#10	ADVANCED MICRO DEVICES INC (AMD) - 2.82%	N/A
#11	COSTCO WHOLESALE CORP (COST) - 2.77%	N/A
#12	MASTERCARD INC CLASS A (MA) - 2.68%	N/A
#13	LAM RESEARCH CORP (LRCX) - 2.58%	N/A
#14	PUTNAM GOVERNMENT MONEY MARKET P (PGLXX) - 2.57%	N/A
#15	GE VERNOVA INC (GEV) - 2.55%	N/A
#16	VISA INC CLASS A (V) - 2.45%	N/A
#17	CADENCE DESIGN SYSTEMS INC (CDNS) - 1.80%	N/A
#18	TRANE TECHNOLOGIES PLC CLASS A (TT) - 1.56%	N/A
#19	ORACLE CORP (ORCL) - 1.48%	N/A
#20	CATERPILLAR INC (CAT) - 1.47%	N/A
#21	ABBVIE INC (ABBV) - 1.35%	N/A
#22	INTUITIVE SURGICAL INC (ISRG) - 1.32%	N/A
#23	VULCAN MATERIALS CO (VMC) - 1.22%	N/A
#24	LIVE NATION ENTERTAINMENT INC (LYV) - 1.20%	N/A
#25	SPOTIFY TECHNOLOGY SA (SPOT) - 1.08%	N/A
Total Holdings	34	2

PGRO vs KCCA - Historical Returns

Returns include dividend reinvestment.

Period	PGRO	KCCA
1 month	+1.83%	+11.60%
3 months	+9.95%	+9.89%
6 months	+4.07%	+2.69%
1 year	+20.66%	+16.64%
5 years(CAGR)	+13.26%	-2.72%
Max(CAGR)	+13.40%	-2.72%

PGRO

+1.83%

Winner

KCCA

+11.60%

Winner

PGRO

+9.95%

KCCA

+9.89%

Winner

PGRO

+4.07%

KCCA

+2.69%

Winner

PGRO

+20.66%

KCCA

+16.64%

5Y(CAGR)

Winner

PGRO

+13.26%

KCCA

-2.72%

Max(CAGR)

Winner

PGRO

+13.40%

KCCA

-2.72%

PGRO vs KCCA - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	PGRO	KCCA
2026	+5.50%	-3.14%
2025	+15.55%	-11.72%
2024	+36.33%	-15.68%
2023	+46.03%	+36.55%
2022	-31.86%	-19.70%
2021	+16.67%	+8.91%

PGRO vs KCCA Drawdown Comparison

The maximum drawdown for PGRO was -34.73%, occurring on Oct 14, 2022. Recovery took 542 trading sessions.

The maximum drawdown for KCCA was -41.11%, occurring on Apr 14, 2025. This drawdown has not yet recovered.

The current PGRO drawdown is -4.65%. The current KCCA drawdown is -30.08%.

Rank	PGRO	KCCA
#1	-34.73% Nov 19, 2021 - Jan 19, 2024	-41.11% Feb 5, 2024 - Apr 14, 2025
#2	-23.31% Dec 16, 2024 - Jun 26, 2025	-34.85% Nov 15, 2021 - Jan 5, 2024
#3	-16.34% Oct 29, 2025 - May 6, 2026	-7.15% Oct 5, 2021 - Oct 22, 2021
#4	-14.28% Jul 10, 2024 - Oct 22, 2024	-2.08% Oct 25, 2021 - Oct 29, 2021
#5	-8.19% Sep 7, 2021 - Nov 3, 2021	-1.69% Jan 19, 2024 - Feb 1, 2024
#6	-7.73% Mar 21, 2024 - May 15, 2024	-1.40% Nov 1, 2021 - Nov 9, 2021
#7	-4.65% Jun 1, 2026 - Jun 5, 2026	-1.32% Jan 8, 2024 - Jan 17, 2024
#8	-3.46% Oct 29, 2024 - Nov 6, 2024	-0.16% Jan 17, 2024 - Jan 19, 2024
#9	-3.35% Feb 9, 2024 - Feb 22, 2024	N/A
#10	-3.29% Sep 22, 2025 - Oct 24, 2025	N/A
#11	-2.92% May 14, 2026 - May 28, 2026	N/A
#12	-2.87% Nov 13, 2024 - Dec 2, 2024	N/A
#13	-2.69% Jul 12, 2021 - Jul 22, 2021	N/A
#14	-2.65% Aug 14, 2025 - Aug 28, 2025	N/A
#15	-2.50% Jun 18, 2024 - Jul 2, 2024	N/A

Correlation

Correlation between PGRO and KCCA is -0.37 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.37

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