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PVALvsIVEETF Comparison

ETF 1

PVAL

Putnam Focused Large Cap Value ETF

This fund is part of

US Large Cap Value

+0.06%

Full PVAL fund page

VS

ETF 2

IVE

iShares S&P 500 Value ETF

This fund is part of

US Large Cap Value

+0.06%

Full IVE fund page

Putnam Focused Large Cap Value ETF (PVAL) and iShares S&P 500 Value ETF (IVE) belong to the same industry segment: US Large Cap Value. PVAL's top 3 sector exposures are Technology, Finance and Healthcare. In contrast, IVE's top sector exposures are Technology, Finance and Consumer Non-Cyclicals. PVAL is more expensive with a Total Expense Ratio (TER) of 0.56%, versus 0.18% for IVE. PVAL is up 19.85% year-to-date (YTD) with +$6.82B in YTD flows. IVE performs worse with 14.15% YTD performance, and -$3.21B in YTD flows. Run a side-by-side ETF comparison of PVAL and IVE below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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PVAL vs IVE performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 10/27/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	PVAL IVE	+2.23%+3.83%	+3.42%+3.35%	+19.85%+14.15%	+25.78%+14.99%	+103.34%+71.00%	+111.91%+73.67%
Flows	PVAL IVE	+$638M-$11M	+$1.75B+$73M	+$6.82B-$3.21B	+$8.26B+$1.57B	+$12.34B+$10.47B	+$12.52B+$11.02B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	PVAL IVE	+8.57%+7.98%	+10.77%+9.58%	+13.07%+12.27%	+15.04%+14.24%
Max drawdown	PVAL IVE	-3.58%-3.93%	-7.22%-6.25%	-15.55%-17.56%	-16.50%-18.04%
Max drawdown duration	PVAL IVE	72d47d	66d59d	204d263d	307d286d

Trading data

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	PVAL	IVE
Last sale 10/28/2026 at 1:30 PM	$54.31	$239.23
Previous close 10/27/2026	$54.25	$239.23
Consolidated volume 10/27/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of September 30, 2026

1-year trailing difference

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PVAL

is actively managed and doesn’t replicate an index

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	PVAL	IVE
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/28/2026 at 1:30 PM

Live

Closed

	PVAL	IVE
Last price	$54.31	$239.23
1D performance	+0.11%	+0.00%
AuM	$15.26 B	$50.64 B
E/R	0.56%	0.18%

Characteristics

	PVAL	IVE
Management strategy	Active	Passive
Provider	Putnam	iShares
Benchmark	-	S&P 500 Value Index
N° of holdings	45	436
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	May 27, 2021	May 22, 2000
ESG	No	No

More PVAL data on Trackinsight

More IVE data on Trackinsight

Exposure

Countries

PVAL

USA

95.86%

Other

4.14%

IVE

USA

95.69%

Other

4.31%

Sectors

PVAL

Technology

21.77%

Finance

19.34%

Healthcare

14.43%

Consumer Non-Cycl.

12.47%

Energy

8.31%

Industrials

7.66%

Other

16.02%

IVE

Technology

20.05%

Finance

18.67%

Consumer Non-Cycl.

13.2%

Healthcare

12.52%

Industrials

9.25%

Energy

7.55%

Other

18.77%

Diversification

PVAL

Total weight of top 15 holdings out of 15

55.45%

IVE

Total weight of top 15 holdings out of 15

28.69%

Top 15 holdings

Data as of August 31, 2026

PVAL

Microsoft Corp.

9.27%

Apple, Inc.

6.70%

Amazon.com, Inc.

4.71%

ExxonMobil Holdings Corp.

3.77%

The Charles Schwab Corp.

3.25%

Citigroup, Inc.

3.24%

Freeport-McMoRan, Inc.

3.13%

The Coca-Cola Co.

2.95%

Cisco Systems, Inc.

2.88%

The Allstate Corp.

2.86%

Bank of America Corp.

2.70%

Philip Morris International, Inc.

2.64%

Valero Energy Corp.

2.54%

Thermo Fisher Scientific, Inc.

2.48%

General Motors Co.

2.34%

IVE

Apple, Inc.

7.71%

Amazon.com, Inc.

3.96%

ExxonMobil Holdings Corp.

2.21%

Walmart, Inc.

1.52%

Intel Corp.

1.46%

Costco Wholesale Corp.

1.39%

Bank of America Corp.

1.34%

Tesla, Inc.

1.30%

Chevron Corp.

1.28%

Merck & Co., Inc.

1.21%

UnitedHealth Group, Inc.

1.17%

Procter & Gamble Co.

1.12%

The Home Depot, Inc.

1.08%

JPMorgan Chase & Co.

1.01%

Visa, Inc.

0.94%

Frequently asked questions about PVAL and IVE

How have the PVAL and IVE ETFs performed in 2026?

As of October 27, 2026, PVAL is up 19.85% year-to-date (YTD), while IVE has returned 14.15%. That puts PVAL better performer ahead so far this year.

Which ETF is attracting more investor money: PVAL or IVE?

Year-to-date, the PVAL ETF saw +$6.82B in flows, compared to -$3.21B for IVE.

Which ETF is more volatile: PVAL or IVE?

Over the past year, PVAL had a volatility of 10.77%, while IVE experienced 9.58%.

Which ETF is bigger: PVAL or IVE?

As of October 27, 2026, PVAL holds $15.26 B in assets under management (AUM), while IVE manages $50.64 B.

What sectors do the PVAL and IVE ETFs invest in?

PVAL leans toward sectors like Technology, Finance and Healthcare. Meanwhile, IVE focuses on Technology, Finance and Consumer Non-Cyclicals.

What are the top holdings of the PVAL ETF and IVE ETF?

PVAL top holdings include Microsoft Corp., Apple, Inc. and Amazon.com, Inc.. IVE holds in its top three: Apple, Inc., Amazon.com, Inc. and ExxonMobil Holdings Corp..

PVALvsIVEETF Comparison

Putnam Focused Large Cap Value ETF

iShares S&P 500 Value ETF

PVAL vs IVE performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the PVAL and IVE ETFs performed in 2026?

As of October 27, 2026, PVAL is up 19.85% year-to-date (YTD), while IVE has returned 14.15%. That puts PVAL better performer ahead so far this year.

Which ETF is attracting more investor money: PVAL or IVE?

Year-to-date, the PVAL ETF saw +$6.82B in flows, compared to -$3.21B for IVE.

Which ETF is more volatile: PVAL or IVE?

Over the past year, PVAL had a volatility of 10.77%, while IVE experienced 9.58%.

Which ETF is bigger: PVAL or IVE?

As of October 27, 2026, PVAL holds $15.26 B in assets under management (AUM), while IVE manages $50.64 B.

What sectors do the PVAL and IVE ETFs invest in?

PVAL leans toward sectors like Technology, Finance and Healthcare. Meanwhile, IVE focuses on Technology, Finance and Consumer Non-Cyclicals.

What are the top holdings of the PVAL ETF and IVE ETF?

PVAL top holdings include Microsoft Corp., Apple, Inc. and Amazon.com, Inc.. IVE holds in its top three: Apple, Inc., Amazon.com, Inc. and ExxonMobil Holdings Corp..

Which ETF is more diversified: PVAL or IVE?

PVAL holds 45 securities with 55.45% of its assets in the top 15. IVE has 439 securities and a top 15 weight of 28.69%.

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