PFUT vs. FSST

Last updated Jul 14, 2026

PFUT (Putnam Sustainable Future ETF) and FSST (Fidelity Sustainability U.S. Equity ETF) are both Sustainable funds. PFUT is actively managed, while FSST is passively managed. Their correlation of 0.84 suggests significant overlap in exposure. PFUT charges 0.64%/yr vs 0.59%/yr for FSST.

Performance

PFUT vs. FSST - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Putnam Sustainable Future ETF (PFUT) and Fidelity Sustainability U.S. Equity ETF (FSST). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PFUT

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

FSST

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

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

PFUT vs. FSST - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
PFUT Putnam Sustainable Future ETF	2.26%	2.22%	13.60%	29.98%	-33.60%	-2.06%
FSST Fidelity Sustainability U.S. Equity ETF	0.00%	15.40%	21.40%	25.49%	-18.30%	12.52%

Correlation

The correlation between PFUT and FSST is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (All Time) Calculated using the full available price history since Jun 17, 2021	0.84

Over the past year, the correlation between PFUT and FSST has dropped to 0.42 - well below their long-term average of 0.84, suggesting their price drivers have been diverging.

PFUT vs. FSST - Sectors Allocation Comparison

Sectors	PFUT	FSST
Industrials	28.7%	13.0%
Technology	20.4%	29.6%
Consumer Cyclical	19.0%	11.5%
Healthcare	13.4%	10.2%
Financial Services	6.9%	12.1%
Utilities	5.5%	0.9%
Consumer Defensive	3.8%	4.6%
Energy	1.2%	1.9%
Basic Materials	1.1%	3.4%
Communication Services	0.5%	11.7%
Real Estate	-	1.3%

Return for Risk

PFUT vs. FSST - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Putnam Sustainable Future ETF (PFUT) and Fidelity Sustainability U.S. Equity ETF (FSST). 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.

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

Drawdowns

Volatility

PFUT vs. FSST - Expense Ratio Comparison

PFUT has a 0.64% expense ratio, which is higher than FSST's 0.59% expense ratio.

Dividends

PFUT vs. FSST - Dividend Comparison

Neither PFUT nor FSST has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
FSST Fidelity Sustainability U.S. Equity ETF	0.10%	0.19%	2.01%	0.68%	1.00%	0.34%
PFUT Putnam Sustainable Future ETF	0.00%	0.00%	0.03%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PFUT and FSST in my portfolio?

PFUT and FSST have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PFUT or FSST?

On fees, FSST is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PFUT or FSST?

FSST is cheaper with a 0.59% expense ratio, compared with 0.64% for PFUT.

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

FSST has the higher dividend yield at 0.10%, compared with 0.00% for PFUT.

What is the main difference between PFUT and FSST?

They also come from different issuers: Power Corporation of Canada and Fidelity. Their fees differ too: 0.64% for PFUT and 0.59% for FSST.