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PVALvsTVALETF Comparison

ETF 1

PVAL

Putnam Focused Large Cap Value ETF

This fund is part of

US Large Cap Value

+0.86%

Full PVAL fund page

VS

ETF 2

TVAL

T. Rowe Price Value ETF

This fund is part of

US Multi-Factor

+0.72%

Full TVAL fund page

Putnam Focused Large Cap Value ETF (PVAL) belongs to the US Large Cap Value segment. T. Rowe Price Value ETF (TVAL) is part of the US Multi-Factor segment. PVAL's top 3 sector exposures are Financials, Industrials and Information Technology. In contrast, TVAL's top sector exposures are Financials, Information Technology and Industrials. PVAL is more expensive with a Total Expense Ratio (TER) of 0.56%, versus 0.33% for TVAL. PVAL is up 13.04% year-to-date (YTD) with +$3.92B in YTD flows. TVAL performs better with 17.28% YTD performance, and +$131M in YTD flows. Run a side-by-side ETF comparison of PVAL and TVAL 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 TVAL 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 06/12/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	PVAL TVAL	+3.51%+2.75%	+12.01%+14.07%	+13.04%+17.28%	+31.79%+29.35%	+88.35%+68.10%	+113.00%n/a
Flows	PVAL TVAL	+$861M+$30M	+$2.07B+$56M	+$3.92B+$131M	+$6.64B+$137M	+$9.48B+$582M	+$9.62B-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	PVAL TVAL	+12.56%+13.14%	+11.13%+11.07%	+13.33%+12.73%	+15.30%n/a
Max drawdown	PVAL TVAL	-2.67%-3.44%	-7.22%-7.20%	-15.55%-14.98%	-16.50%n/a
Max drawdown duration	PVAL TVAL	16d20d	66d43d	204d213d	307dn/a

Trading data

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	PVAL	TVAL
Last sale 6/15/2026 at 1:30 PM	$51.79	$41.65
Previous close 06/12/2026	$51.37	$41.34
Consolidated volume 06/12/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Main metrics

Last update 6/15/2026 at 1:30 PM

Live

Closed

	PVAL	TVAL
Last price	$51.79	$41.65
1D performance	+0.82%	+0.75%
AuM	$11.65 B	$753.81 M
E/R	0.56%	0.33%

Characteristics

	PVAL	TVAL
Management strategy	Active	Active
Provider	Putnam	T. Rowe Price
Benchmark	-	-
N° of holdings	41	149
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	May 27, 2021	June 15, 2023
ESG	No	No

More PVAL data on Trackinsight

More TVAL data on Trackinsight

Exposure

Countries

PVAL

USA

82%

Other

18%

TVAL

USA

89.79%

Other

10.21%

Sectors

PVAL

Financials

15.5%

Industrials

11.16%

Information Techn.

9.65%

Consumer Discreti.

8.96%

Health Care

8.18%

Energy

7.41%

Other

39.14%

TVAL

Financials

18.57%

Information Techn.

13.35%

Industrials

12%

Health Care

11.3%

Energy

8.29%

Communication Ser.

7.32%

Other

29.17%

Diversification

PVAL

Total weight of top 15 holdings out of 15

45.55%

TVAL

Total weight of top 15 holdings out of 15

28.56%

Top 15 holdings

Data as of April 30, 2026

PVAL

CITIGROUP

4.61%

CISCO-T

4.00%

ALPHABET INC-CL

3.52%

FEDEX

3.25%

EXXON

3.19%

PHILLIP MORRIS

3.07%

MCKESSON

3.04%

SOUTHWEST AIRLS

2.95%

FREEPORT-MCMORAN INC

2.83%

CHARLES SCHWAB

2.65%

AMAZON.COM INC

2.57%

HILTON INC

2.55%

COCA-COLA

2.50%

GENERAL MOTORS

2.49%

VALERO ENERGY

2.32%

TVAL

ALPHABET INC-CL

4.43%

AMAZON.COM INC

2.39%

EXXON

2.09%

CONOCOPHILLIPS

1.94%

BK OF AMERICA CO

1.87%

ADVANCED MICRO DEVICES

1.81%

CHUBB LTD

1.73%

MICRON TECHNOLOGY

1.68%

CSX

1.65%

JPMORGAN CHASE

1.59%

CHARLES SCHWAB

1.59%

PROCTERGAMBLE

1.59%

CITIGROUP

1.45%

IE000S9YS762

1.41%

APPLIED MATERIAL

1.34%

Frequently asked questions about PVAL and TVAL

How have the PVAL and TVAL ETFs performed in 2026?

As of June 12, 2026, PVAL is up 13.04% year-to-date (YTD), while TVAL has returned 17.28%. That puts TVAL better performer ahead so far this year.

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

Year-to-date, the PVAL ETF saw +$3.92B in flows, compared to +$131M for TVAL.

Which ETF is more volatile: PVAL or TVAL?

Over the past year, PVAL had a volatility of 11.13%, while TVAL experienced 11.07%.

Which ETF is bigger: PVAL or TVAL?

As of June 12, 2026, PVAL holds $11.65 B in assets under management (AUM), while TVAL manages $753.81 M.

What sectors do the PVAL and TVAL ETFs invest in?

PVAL leans toward sectors like Financials, Industrials and Information Technology. Meanwhile, TVAL focuses on Financials, Information Technology and Industrials.

PVALvsTVALETF Comparison

Putnam Focused Large Cap Value ETF

T. Rowe Price Value ETF

PVAL vs TVAL 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 TVAL ETFs performed in 2026?

As of June 12, 2026, PVAL is up 13.04% year-to-date (YTD), while TVAL has returned 17.28%. That puts TVAL better performer ahead so far this year.

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

Year-to-date, the PVAL ETF saw +$3.92B in flows, compared to +$131M for TVAL.

Which ETF is more volatile: PVAL or TVAL?

Over the past year, PVAL had a volatility of 11.13%, while TVAL experienced 11.07%.

Which ETF is bigger: PVAL or TVAL?

As of June 12, 2026, PVAL holds $11.65 B in assets under management (AUM), while TVAL manages $753.81 M.

What sectors do the PVAL and TVAL ETFs invest in?

PVAL leans toward sectors like Financials, Industrials and Information Technology. Meanwhile, TVAL focuses on Financials, Information Technology and Industrials.

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

PVAL top holdings include CITIGROUP, CISCO-T and ALPHABET INC-CL. TVAL holds in its top three: ALPHABET INC-CL, AMAZON.COM INC and EXXON.

Which ETF is more diversified: PVAL or TVAL?

PVAL holds 42 securities with 45.55% of its assets in the top 15. TVAL has 155 securities and a top 15 weight of 28.56%.

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