EFFE vs. PFUT

Last updated Jul 14, 2026

EFFE (Harbor Osmosis Emerging Markets Resource Efficient ETF) and PFUT (Putnam Sustainable Future ETF) are both exchange-traded funds - EFFE is a Emerging Markets Diversified fund actively managed by Harbor, while PFUT is a Sustainable fund actively managed by Power Corporation of Canada. Both are actively managed. A 0.58 correlation means they provide meaningful diversification when combined. EFFE charges 0.69%/yr vs 0.64%/yr for PFUT.

Performance

EFFE vs. PFUT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harbor Osmosis Emerging Markets Resource Efficient ETF (EFFE) and Putnam Sustainable Future ETF (PFUT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EFFE

• 1D: -3.28%
• 1M: -5.51%
• 6M: 10.72%
• YTD: 14.42%
• 1Y: 20.88%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PFUT

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EFFE vs. PFUT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EFFE Harbor Osmosis Emerging Markets Resource Efficient ETF	14.42%	22.42%	-0.84%
PFUT Putnam Sustainable Future ETF	2.26%	2.22%	-1.24%

Correlation

The correlation between EFFE and PFUT is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.59
Correlation (All Time) Calculated using the full available price history since Dec 19, 2024	0.58

The correlation between EFFE and PFUT has been stable across timeframes, ranging from 0.58 to 0.59 - a consistent structural relationship.

Return for Risk

EFFE vs. PFUT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EFFE

EFFE Risk / Return Rank: 34
EFFE Sharpe Ratio Rank: 30
EFFE Sortino Ratio Rank: 29
EFFE Omega Ratio Rank: 33
EFFE Calmar Ratio Rank: 37
EFFE Martin Ratio Rank: 38

PFUT

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EFFE vs. PFUT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harbor Osmosis Emerging Markets Resource Efficient ETF (EFFE) and Putnam Sustainable Future ETF (PFUT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EFFE	PFUT	Difference
Sharpe ratio: Return per unit of total volatility	0.91	—	—
Sortino ratio: Return per unit of downside risk	1.32	—	—
Omega ratio: Gain probability vs. loss probability	1.18	—	—
Calmar ratio: Return relative to maximum drawdown	1.53	—	—
Martin ratio: Return relative to average drawdown	4.77	—	—

Drawdowns

Drawdown Indicators

	EFFE	PFUT	Difference
Max Drawdown Largest peak-to-trough decline	-13.75%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-13.75%	—	—
Current Drawdown Current decline from peak	-11.61%	—	—
Average Drawdown Average peak-to-trough decline	-2.37%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	4.39%	—	—

Volatility

Volatility by Period

	EFFE	PFUT	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.89%	—	—
Volatility (6M) Calculated over the trailing 6-month period	21.21%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	23.11%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.52%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.52%	—	—

EFFE vs. PFUT - Expense Ratio Comparison

EFFE has a 0.69% expense ratio, which is higher than PFUT's 0.64% expense ratio.

Dividends

EFFE vs. PFUT - Dividend Comparison

EFFE's dividend yield for the trailing twelve months is around 4.10%, while PFUT has not paid dividends to shareholders.

Position	TTM	2025	2024
EFFE Harbor Osmosis Emerging Markets Resource Efficient ETF	4.10%	4.69%	0.00%
PFUT Putnam Sustainable Future ETF	0.00%	0.00%	0.03%

Frequently Asked Questions

Can I hold both EFFE and PFUT in my portfolio?

EFFE and PFUT have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EFFE or PFUT?

On fees, PFUT is cheaper at 0.64% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EFFE or PFUT?

PFUT is cheaper with a 0.64% expense ratio, compared with 0.69% for EFFE.

Which ETF pays a higher dividend yield, EFFE or PFUT?

EFFE has the higher dividend yield at 4.10%, compared with 0.00% for PFUT.

What is the main difference between EFFE and PFUT?

EFFE is categorized as Emerging Markets Diversified, while PFUT is Sustainable. They also come from different issuers: Harbor and Power Corporation of Canada. Their fees differ too: 0.69% for EFFE and 0.64% for PFUT.